Almaden expands Ixtaca gold-silver zone
Almaden Minerals (AMM-T, AAU-X) has extended the Ixtaca gold-silver zone by more than 100 metres along the interpreted strike with the latest drill results from its Tuligtic project in Puebla state, M…
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TORONTO STOCK EXCHANGE -Novenber 22-26
The TSX composite index was off 39 points to 12,892 points for the Nov. 22-26 trading period despite solid data on retail spending and signs of inflation. Along with such bullish indicators came incre…
TSX VENTURE EXCHANGE -November 22-26
The last full week of November saw the S&P-TSX Venture composite index bounce back above the 2,000-point threshold after slipping below it the week before. The index ended up 61.13 points at 2,057…
U.S. MARKETS -November 22-26
The Dow Jones industrial average fell 111.55 points or 1% to finish at 11,092.00, while the S&P 500 index slipped 10.33 points to 1,189.40. Nasdaq added 16.44 points to reach 2,534.56. The Philade…
Lead, zinc in oversupply in 2010: ILZSG
The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand during the first nine months of 2010. A brief summary is listed in the tables be…
Rio Tinto to create Sudbury research centre
Rio Tinto (RIO-N, RIO-L, RIO-A) has announced it will establish the Rio Tinto Centre for Underground Mine Construction at the Centre for Excellence in Mining Innovation (CEMI) in Sudbury, Ont. The min…
Vatukoula Gold seeks North American listing
Dave Paxton was so convinced he could turn around Fiji’s only gold mine that he left a comfortable job as a mining analyst at Hichens Harrison, London’s oldest stockbroking firm, to put his money wher…
North American Energy acquires Cyntech
North American Energy Partners (NAEP) (NOA-T, NOA-N) has bought Calgary-based Cyntech, a designer and manufacturer of screw piles and pipeline anchoring systems and a provider of tank maintenance serv…
Mercer holds gold in Colombia
With the gold boom in Colombia in full swing, it may come as some surprise that speculative land next to a 10-million-oz. gold deposit would still be available.
Medusa to build a new plant at Co-O mine
Debt-free and unhedged gold producer Medusa Mining (MLL-T, MML-L, MML-A) will use US$80 million from its cash flow to build a new treatment plant and expand its Co-O gold mine in southeastern Mindanao…
Inmet contracts SNC-Lavalin for Cobre Panama
Inmet Mining (IMN-T) has awarded a contract to Joint Venture Panama (JVP), a joint venture held 70% by SNC-Lavalin Group (SNC-T), to provide basic engineering for the Cobre Panama copper-gold project …
Corex gains on Santana results
VANCOUVER — Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico’s Sonora state expanded the Nicho gold-oxide zone.