International stock news

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2015-04-28

Xanadu Mines stakes claim as leading copper-gold explorer in Mongolia

 
Fully-funded exploration drilling at the Kharmagtai copper-gold project in Mongolia will target near-surface strike extensions of current deposits and several high priority targets under shallow cover.The project already has a contained metal of 1.53 billion pounds of copper and 2.18 million ounces of silver.
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Rss Today on Proactive UK

2015-04-28

Golden Saint chairman: Diamond could be worth up to US$100,000

 
Cyril D’Silva, the executive chairman of Golden Saint Resources (LON:GSR), says the 9.475 carat diamond recovered at its Tongo licence in Sierra Leone could be worth between US$70,000 and US$100,000 following the start of bulk sampling there. D’Silva says that when it is cut and polished, the losses to the diamond will be ‘very minimal’.  ‘Having been able to hit the sweet spot [so early] that’s quite amazing,’ says the group’s chairman, who also discusses the gold found at the licence despite ‘not looking for it’.
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Rss Today on Proactive US

2015-04-28

Wall Street declines as biotech slump outstrip commodity gains; Celladon plunges 80%

 
U.S. shares declined as a slump in biotech companies overpowered gains among commodity producers ahead of Apple’s earnings and a Fed meeting due later this week. The S&P 500 (INDEXSP:.INX) fell 0.5 percent to 2,107 at 3:48 p.m. in New York. The 30-company Dow Jones Industrial Average (INDEXDJX:.DJI) slid 0.3 percent to 18,025.
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