Mining Stock News

[G-khan]

Metals Stocks: Gold inches up as traders eye dollar, interest rates (at MarketWatch)
Gold futures traded modestly lower Wednesday morning, trading inversely with the U.S. dollar after the Federal Reserve raised interest rates and signaled more rate hikes to come.

Western Goldfields Completes Management Transition (PrimeZone Media Network)


Barnabus Energy Applauds New Canadian Solar Energy Subsidy (Market Wire)
Barnabus Energy, Inc., currently doing business as Open Energy Corporation subject to a pending name change, was pleased to learn today that the Canadian Province of Ontario has become the first region in that country to offer cash incentives to homeowners or businesses that install solar electric power generating equipment.

Rubicon Minerals Corporation Announces C$10 Million Bought Deal Financing (Business Wire)


Golden Phoenix Retains O&M Partners to Lead Investor Awareness Campaign (PR Newswire)


[$$] Grupo Ferrovial heads off potential rival bid for BAA (at FT.com)
Grupo Ferrovial has headed off a potential rival bid for BAA, the British airport operator, from Macquarie Bank by appointing the Australian investment bank as joint financial advisor to the bid and giving it options to buy its stakes in Sydney and Bristol airports.

Australian Stocks Inch Up to New Record (AP)


FemOne's BIOPRO Division Opens Operations in South Africa (PR Newswire)


Barrick Backs 2006 Production Guidance (AP)


Barrick Updates Investment Community (Business Wire)
TORONTO----March 28, 2006--Barrick Gold Corporation provided an update today for the investment community regarding its 2006 outlook, the Cowal project and Placer Dome transaction. Greg Wilkins, President and CEO, participated in a conference today hosted by National Bank Financial.

Tanzanian Royalty Announces New Gold Discovery on License Held Under option by MDN Northern Mining (PR Newswire)
The Company is delighted to announce that one of its royalty partners, MDN Northern Mining, has discovered a brand new gold occurrence on a prospecting license held under option from Tanzanian Royalty Exploration in the Tulawaka region of Tanzania.

Eagle Plains Joins Saskatchewan Uranium Play (Market Wire)
Eagle Plains Resources has recently responded to a unique exploration opportunity by staking Claim Blocks S-108185 and S-108186, located 28 km southeast of Cameco's Key Lake mining operation in north-central Saskatchewan, Canada.

[$$] BAA looking to expand in China (at FT.com)
BAA, the UK airports group, is exploring opportunities to expand in China by taking joint venture stakes in the development of secondary airports.

Minera Andes Joint Venture Formalizes Decision to Place San Jose Project Into Production (Market Wire)
Minera Andes and US is pleased to announce that the joint venture company Minera Santa Cruz, co-owned by Minera Andes and Mauricio Hochschild & Cia. Ltda., has made a formal decision through its board of directors to place the San Jos project into production.

Lexington Resources Uses 3D Seismic Testing to Increase Drill Inventory on Its Barnett Shale Leases (PR Newswire)


[$$] Beware Gold and Oil Heating Up (at RealMoney by TheStreet.com)


[$$] BAA trading in line as bid deadline looms (at FT.com)
BAA, the airport operator fending off an approach from Ferrovial, said on Tuesday that it expected full year growth to be about 2 per cent for 2005, in line with expectations, but that operating costs would rise 8 per cent this year.

Australian Stocks Dip (AP)


Canadian Markets: Shares end lower, materials sector softens decline (at MarketWatch)
Canadian stocks closed lower Monday as investors acted cautiously one day before a widely expected short-term interest rate increase in the U.S., but gains in the materials sector softened the broader loss.

Canyon Resources Reports 2005 Financial Results (PR Newswire)
Canyon Resources Corporation , a Colorado-based mining company, today announced a net loss of $15.6 million, or $0.46 per share, on revenues of $4.1 million in 2005.