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Market: TSX
Sector: Investment Services
Epic: SPROTT
News: Latest news
Web Site: Sprott Asset Management
Other Articles: 22-01-201011-09-200921-04-2009

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Friday March 12, 09:50Baobab Resources resumes drilling at Tete iron-vanadium-titanium project

Shares in the company were lifted by the news it started a 12,000 metres scout drilling campaign at its project in Mozambique, with constant updates expected in the next few months.

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Friday March 12, 01:39Circadian Technologies to present at Ultimate Healthcare & Biotechnology Event, March 24

Robert Klupacs, CEO of Circadian Technologies, recommended by US Investment Bank Merriman Curhan Ford, as "the Cheapest Little Antibody Company on the Planet" will present in Sydney.

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Friday March 12, 08:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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Sprott Asset Management

Sprott Asset Management

Founded in August 2000, Sprott Asset Management Inc. (SAM) is a private independent fund company, owned by its employees, dedicated to achieving superior returns for its investors over time.
Thursday, April 09, 2009

Sprott Asset Management takes 5.4% stake in gold producer Medusa Mining

North American fund manager, Sprott Asset Management (TSX:SII) said it held a 5.4% stake in AIM and ASX listed Medusa Mining (MML).

Medusa is an expanding gold producer in the Philippines with an expanding resource base now at 1.2million ounces at 13.3g/t gold and production on track to achieve 60,000 ounces annualised in Q3 09 and 100,000 ounces annualised early 2010, it is anticipated that long term cash costs will be approximately US$200/ounce.

Numerous new discoveries of gold and copper-gold are anticipated in the future within the large regional tenement package totalling 820km². The operations are an integral part of the local communities.

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