WGC predicts stronger gold
With the 1980 record gold price of US$850 per oz. within sight once again, high demand and tight supply of the yellow metal have the World Gold Council predicting a new price floor, making gold’s futu…
News
Big money keeps on rolling in (December 10, 2007)
Vancouver — Despite the recent bearish trend in mining indices, financings continue to abound with exploration companies still attracting plenty of capital.
Editorial: Galore Creek blues
The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…
Quebec exploration on the rise
Facts ‘N’ Figures
Canada aims to set new records
Speaking at the recent China Mining Conference in Beijing, Stephen Lucas, assistant deputy minister of Natural Resources Canada, said the country’s total exploration budget this year could reach an un…
People (December 10, 2007)
Universal Uranium — Chairman Ronald Atlas appointed interim president.
Petra Diamonds group to buy De Beers’ Cullinan mine
Vancouver — Petra Diamonds (PDMDF-O, PDL-L) is leading a group planning to buy the Cullinan diamond mine in South Africa from De Beers for 1 billion rand (US$149 million).
Mirabela Nickel shines
When Mirabela Nickel’s (MNB-T, MBN-A) Santa Rita hard-rock nickel deposit in Brazil starts producing 18,500 tonnes …
Diamond Fields under water in Namibia
Diamond Fields (DFI-T) and Australian-based Bonaparte Diamond Mines (BON-A) are finding more diamonds of the coast …
Earnings: Monroe, Oromonte
Earnings Summary from CNW Group. All figures in thousands except per-share figures,…
Zincore plans prefeasibility for Accha
Now that Zincore Metals (ZNC-T) has a resource estimate for its Accha deposit in southern Peru, the company’s visio…
Sanatana jumps on kimberlite results (December 07, 2007)
Vancouver – The first results from Sanatana Diamond’s (STA-V) Dharma kimberlite pipe in the Northwest Territories s…