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Choice Spot, Tough Decision For Geologix

SITE VISIT Durango, Mexico — Geologix Explorations (GIX-T, GXEXF-o) is positioned on top of what could be Mexico’s next great polymetallic mine. Just an 85-km drive along a paved highway…


Analysts and media tour Agnico-Eagle Mines' Kittila mine, in Kittila, Finland, late last month. In addition to probable reserves of 3 million oz. gold, Kittila hosts indicated resources of 500,000 oz. gold, plus 2.2 million inferred oz.

Agnico Bewitched By Kittila

SITE VISIT Kittila, Finland — Finnish legend tells of a powerful witch named Paivio who lived in far northern Finland with the primeval Finnish shamans, famous for their magic. One…


U. S. MARKETS – NOV. 25-DEC. 1

U. S. markets were down during the Nov. 25-Dec. 1 trading session on continued signs of a recession, both stateside and around the world. The Dow Jones Industrial Average was down 330 points, or 3.9%,…


TORONTO STOCK EXCHANGE – NOV. 25-DEC. 1

On Dec. 1, Canada’s benchmark S&P/TSX composite index experienced its worst one-day percentage fall since the crash of October 1987 — plunging 864.41 points, or 9.3%, to 8,406.21. The rout coinci…


TSX VENTURE EXCHANGE – NOV. 25-DEC. 1

All things considered, it was a fairly uneventful week for the S&P-TSX Venture Composite Index over the Nov. 25-Dec. 1 trading session. The board ended the week up 16.33 points at 739.12, still ho…



Vaaldiam Looks To ‘Stop The Bleeding’

Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…


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