Monarch says the results from last year’s drill program confirm that the pit shell and underground resources can be expanded.

One of Canada’s most successful mining prospectors finds a good chunk of his claims hemmed in on all sides by China Metallurgical Exploration Corp.

That is a 44% increase in contained ounces over earlier estimates.

This transaction, says Steppe, would create "a leading junior gold producer with significant near-term growth."

Speculators are once again fleeing the oil market, setting the stage for more extreme price swings.