News

Platinum and palladium stood out from the pack, gaining US$51 and US$13 per oz., respectively, during the April 7-13 report period.

A steep decline in gold prices erased most of the winnings posted by the junior mining sector during the report period ended April 13. The price of silver dropped by more than 7% at the end of the period. The TSX Venture composite index finished 3…

Vancouver — Placer Dome (PDG-T) now estimates the capital cost of developing the Cerro Casale gold-copper project will total US$1.65 billion, up from US$1.43 billion projected in the initial feasibility study, tabled in January…

A grassroots gold discovery in eastern El Salvador is returning some encouraging numbers for Intrepid Minerals (IAU-V).

Vancouver — Drilling by Nevsun Resources (NSU-T) at its Bisha project in Eritrea has intersected more than 60 metres of massive sulphides to a vertical depth of 375 metres. Results from the hole are pending, though the sulphide…

Drilling by Exeter Resource (XRC-V) on the La Cabeza gold project in western Argentina has returned several high-grade intervals.

Teck Cominco (TEK-T) is again shipping lead from its Trail smelter in southeastern British Columbia, following repairs to the Kivcet lead furnace and boiler.