News

Ashton rejects Stornoway offer

The board at Ashton Mining of Canada (ACA-T, AMCFF-O) has rejected the takeover bid for the company made by Stornoway Diamond (SWY-T, SWYDF-O), and is talking to other possible bidders to get a better…



Potash Corp grows Q2 earnings

Vancouver — Potash Corp. of Saskatchewan (POT-T, POT-N) delivered record second-quarter earnings of US$175.1 million (US$1.65 per diluted share) on continued strong sales of nitrogen and phosphate, i…


MAC warns mines ministers of looming problems

The Mining Association of Canada (MAC) delivered a strong message to federal, provincial and territorial governments recently at the 63rd annual Mines Ministers Conference in Whitehorse, Yukon, warnin…


Reserve upgrade adds a year to Alumbrera mine

Vancouver — Reserve upgrades at the Alumbrera copper-gold mine in northwestern Argentina have added one year to the life of the major open-pit operation, owned by Goldcorp (G-T, GG-N), Northern Orion…



SAN GOLDSergeant Douglas Ashton of the Powerview, Man., RCMP detachment and James Wong, chief underground geologist with San Gold, pose with two gold bars poured from the company's new Rice Lake mine, near Bissett in northern Manitoba.

San Gold officially opens Rice Lake gold mine

Vancouver — The official opening of Manitoba’s newest and only gold mine attracted more than 500 guests, including employees and their families, government leaders, shareholders and local supporters….



Spot Prices Courtesy of Scotiabank Tuesday, Aug. 29, 2006

Precious Metals Price (US$/oz.) Change
Gold $616.85 -9.65
Silver $12.14 -0.06
Platinum…





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