News

U.S. stock markets finished little-changed over the report period Nov. 17-23 despite a selloff on Nov. 19 following comments by Federal Reserve chairman Alan Greenspan on how the U.S. current account deficit might depress the value of the greenbac…

The junior mining sector remained upbeat during the report period Nov. 9-16 as the gold price approached and closed near the US$450-per-oz. mark. Toronto Venture Exchange-listed companies were likewise looking up. The S&P-TSX Venture Exchange Inde…

Toronto stocks added another 7.59 points over the Nov. 17-23 report period to end at a 4-year high of 8,995.19. The gold index yo-yoed its way 3.68 points lower to 225.5 even as the yellow metal tacked on US$4.70 to finish at US$448.15 per oz. in…

Vancouver — Halfway through a second phase of drilling at the Afton project in south-central British Columbia, Abacus Mining & Exploration (AME-V) continues to cut significant widths of copper-gold mineralization.

Vancouver — An independent resource estimate at Patricia Mining‘s (PAT-V) Island Gold deposit, near Wawa, Ont., indicates more tonnage than previously believed.

Following a property deal with Barrick Gold (ABX-T), Northern Star Mining (NSM-V) has consolidated a large land package around the formerly producing Malartic Goldfields mine in northwestern Quebec.

Vancouver — Riverstone Resources (RVS-V) has added to its property holdings in Burkina Faso by optioning the Liguidi Malguem gold project.

A preliminary resource calculation for Acadian Gold (ADA-V) on the Beaver Dam deposit in central Nova Scotia indicates a measured and indicated resource of 1.3 million tonnes grading 2.3 grams gold per tonne, and an inferred res…

Drilling by Linear Gold (LRR-T) has intersected long zones of gold and silver mineralization at the Ixhuatan project in Chiapas state, Mexico.

Vancouver — Buoyant gold and copper prices contributed to stronger earnings for Northgate Minerals (NGX-T) in the third quarter.