Spotlight on safety
As the world celebrated the incredible rescue of 33 Chilean miners trapped underground for 69 days, the death toll from a gas blast that ripped through a coal mine in China’s Henan province rose to 37…
News
CANADIAN GOLD MUTUAL FUNDS (October 25, 2010)
Featured Fund: Dynamic Precious Metals as of 03/31/10 (in weighted order): Osisko Mining, San Gold, Red Back Mining, Aurizon Mines, Agnico-Eagle Mines, Alamos Gold, Kinross Gold, Allied Nevada Gold, E…
EXCHANGE RATES (October 25, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct 18 Oct 15 Oct 14 Oct 13 Oct 12 US$ in C$ 1.0149 1.0108 1.0036 1.0030 1.0110 C$ in US$ 0.9853 0.9893 0.9964 0.9970 0.9891…
Advanced gets new partner in Nunavut
XinXing Pipes Group, a Chinese state-owned enterprise with businesses in iron and steel, military clothing, heavy machinery engineering and real estate, has agreed to provide financing and development capital for Advanced Explorations’ (AXI-T)…
Crocodile proves up Pine Creek (October 25, 2010)
Crocodile Gold (CRK-T) continues to show the gold potential of Australia’s Northern Territory.
Diamonds North tests Beluga-3’s diamond potential
Diamonds North Resources (DDN-V) has wrapped up a recent drilling campaign on its flagship Amaruk project, in the Kugaaruk area of eastern Nunavut.The program was designed to collect a 25-tonne mini-bulk sample from Beluga-3, a kimberlite…
Dorato outlines anomaly at Lucero
VANCOUVER — Early results from Dorato Resources’ (DRI-V, DRIFF-O, D05-F) Lucero target have sparked new interest in the company’s Peruvian properties.
Aurizon focuses on Rouyn-Noranda
By mid-year Aurizon Mines (arz-t, azk-x) will have completed a feasibility study on its Joanna gold project along the Cadillac break, 2 km northeast of Rouyn-Noranda in Quebec’s Abitibi region.Meanwhile, the company’s chief executive David Hall…
Avanti Mining boosts Kitsault’s NPV (October 25, 2010)
A better long-term outlook for molybdenum prices and a nearly US$200 million decrease in initial and sustaining capital has improved the net present value (NPV) of Avanti Mining’s (avt-v) Kitsault molybdenum project by about US$250 million,…
Oro Gold and Oro Silver recombine as Oro Mining
Vancouver – Following a three year experiment in specialization, Oro Gold Resources (OGR-V) and Oro Silver Res…
Golden Minerals closes US$103m offering
Vancouver – Golden Minerals (AUM-T, AUMN-X) has cashed in on an exploding stock price with a US$103 million fi…
Freeport reaches a deal with the DRC
The Democratic Republic of Congo has finally completed its lengthy review of Freeport-McMoRan Copper & Gol…