Junior Shanta Gold (SHG-L) wants to make the leap from explorer to gold producer within two years. On Jan. 25 Shanta said it is on track to complete a detailed feasibility study by the end of June on its Singida gold project in central Tanzania…
The following speech was delivered by Randy Hawes, British Columbia’s Minister of State for Mining, at the opening of AME BC Roundup 2011 conference in Vancouver.
TSX Composite Index fell 169 points to finish the Jan 17-21 period at 13,258.57 as the Bank of Canada held the overnight rate steady at 1%. In its outlook report the Bank pointed to the impact of a high Canadian dollar on exports and high…
Vancouver – The January 17 to 21 period saw the TSX S&P Venture Exchange fall 5.38 points after two days of losses outweighed three days of gains to have the board end at 2265.58 points.
With cash and short-term deposits of roughly US$100 million, Fronteer Gold (FRG-T, FRX-X) has more than enough money to pay for the US$48 million global exploration program it has outlined for 2011.
U.S. markets were closed on Monday Jan. 17 for the Martin Luther King Jr. holiday. When they re-opened, trading was mixed. The Dow Jones Industrial Average edged up 84.46 points or 0.72% to close the abbreviated Jan. 18-21 trading week at…
The S&P-TSX Venture composite index climbed 45.57 points over the Jan. 10-14 period, ending at 2275.45.The board was humming with activity, with a daily trading average of more than 200 million shares. Some 19 Venture-listed juniors hit…
Tuesday, Jan. 18, 2011Precious Metals Price (US$/oz.) ChangeGold $1368.75 -12.25Silver $28.79 -0.75Platinum …
Eaglecrest Explorations (eel-v) turned in some interesting results from a first-pass sampling program at its Fredonia gold project in Colombia. The highlight assay returned 8.25 grams gold per tonne and 47.5 grams silver per tonne and came from…
On the back of its flagship 5-million-oz. Rainy River gold project in northwestern Ontario, Rainy River Resources (rr-v) has closed a $75-million bought-deal financing just as gold is starting to lose a little of its lustre.The private…
With platinum prices expected to climb further in 2011, Canada’s biggest platinum producer had little trouble raising $348 million to help pay for the first phase of its Eastern Limb development plan in South Africa. In an equity…
Avion Gold (avr-t, avgcf-o) continues to bulk up on West African gold assets as it has closed a deal to acquire the Kofi property in Mali from Axmin (axm-v). In total Avion will pay Axmin $500,000 in cash and issue 4.5 million of its shares for…
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