Mining Solomons’ riches
At the end of the 1990s, the Gold Ridge mine was synonymous with mining in the Solomon Islands. The project — then held by Ross Mining — contributed 34% of the country’s gross domestic product until…
News
Oxus Gold divests Kyrgyz project (April 02, 2007)
Oxus Gold (OXUSF-O, OXS-L) has sold its interest in the operating company that had developed the Jerooy gold deposit in Kyrgyzstan, as part of a transaction with another London-listed junior, KazakhGo…
Orko takes nino steps in Mexico
SITE VISIT Durango, Mexico — Taking a methodical approach to exploration in north-central Mexico isn’t necessarily a headline-grabbing exercise. But it is one that Orko Silver (OK-V, OKOFF-O) hopes will…
Canarc takes plunge into Mexico (April 02, 2007)
Vancouver — Making good on its stated acquisition agenda, Canarc Resource (CCM-T, CRCUF-O) has secured options to purchase a couple of gold-silver projects in Guanajuato state, Mexico.
Palmarejo to investigate visible gold at Guadalupe (April 02, 2007)
After more than 30,000 metres of drilling, Palmarejo Silver and Gold (PJO-V, PJOFF-O) has intersected strong gold and silver grades at its Guadalupe project in Chihuahua, Mexico.
Fortuna-Continuum post San Jose resource (April 02, 2007)
Vancouver — Joint-venture partners Fortuna Silver Mines (FVI-V, FVITF-O) and Continuum Resources (CNU-V, CUURF-O) have tabled a new resource estimate at their San Jose project in Oaxaca state, Mexico…
Libertad drilling intersects gold (April 02, 2007)
Exploration drilling at the Libertad project in Nicaragua by Glencairn Gold (GGG-T, GLE-X) has confirmed two high-grade zones on the deposit’s Santa Maria vein.
Aquiline feasibility looks past cyanide ban (April 02, 2007)
A provincial ban on cyanide in Rio Negro, Argentina, means the word “bankable” couldn’t be used for Aquiline Resources’ (AQI-T, AQLNF-O) “initial” feasibility study on its Calcatreu gold project.
Daily Metal Prices (April 02, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Spot Prices Courtesy of Scotiabank Tuesday, March 27, 2007
Precious Metals Price (US$/oz.) Change Gold $665.15 +10.75 Silver $13.34 +0.09 Platinum $1237.00 +12.00 Palladium $353.00 +3.00 Base Metals Price (US$/lb.) Change Nickel $20.63 -2.21 Lead $0.86 -0.03 Copper $3.11…
Producer and Dealer Prices (April 02, 2007)
Antimony : Mid-mkt US$5,410/t.
Canadian Gold Mutual Funds (April 02, 2007)
Fund name Mar.19($) Mar.12($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 27.27 27.41 -0.14 -0.5 1.9 2.63 556 Altamira Pr & Str Mtl 12.77 12.82 -0.05 -0.4 -1.5 2.67…