High PGM prices are here to stay
Robust prices can mask a multitude of sins, though not for long in mining, the most cyclical of all major industries. Producers of platinum group metals (PGMs) seem relatively immune to the old adage,…
News
De Beers returns to Doyle Lake
The Canadian exploration division of De Beers Consolidated Mines (DBRSY-Q) is back on the ground at Doyle Lake in the Northwest Territories, taking further till samples from the LA 1-25 claim bock. Th…
Silver Standard expands Manantial Espejo
Vancouver — Following a drill program at the Manantial Espejo silver-gold deposit in southern Argentina, Silver Standard Resources (SSO-V) has increased its indicated silver-equivalent resource at th…
Drills to turn at White Gold
Vancouver — Placer Dome (PDG-T) and Grayd Resources (GYD-V) are about to launch a 1,200-metre drill program at the White Gold property near Tok, Alaska.Placer, which is funding the program as part of…
Red Cliff confirms mineralized horizon
A 6-hole program by optionee Noranda (NRD-T) at the Red Cliff copper prospect in Newfoundland has confirmed copper-silver values in a mineralized horizon exposed at the Blue Point showing.Noranda, whi…
MK Gold advances Las Cruces
Now that mining has ended at the Castle Mountain operation in California, MK Gold (MKAU-O) is focusing all its efforts on permitting and financing the Las Cruces copper project in Spain’s Iberian Pyri…
IDO misses the mark
Vancouver — A 7-hole drill program by Idaho Consolidated Metals (IDO-V) has failed to cut any significant platinum-palladium mineralization at the Stillwater property in Montana.Five of the holes wer…
Silver-based compound fights bacteria
Teva footwear products, marketed by Deckers Outdoor Group, will soon be available with a silver-based antimicrobial compound that is effective in combating a broad range of bacteria, mold and mildew.T…
Canyon posts loss
After producing 23,180 oz. gold and 5,000 oz. silver from the Briggs mine in California, Canyon Resources (CAU-A) posted a net loss of US$1.8 million (or 14 per share) for the second quarter.The comp…
Vista re-evaluating sulphides at Hycroft
With production at its Hycroft mine coming only from stockpiled ore on the leach pads, Vista Gold (VGZ-T) is examining sulphide mineralization on the property in the hope that new zones could prove ec…
MOST ACTIVE ISSUES, AUGUST 8-14
ExchgVol(000s)HighLowCloseChangeBarrick Gold*N 13842 16.39 14.62 16.04 + 1.2…
GREATEST VALUE TRADED, AUGUST 8-14
ExchgVal($000s)HighLowCloseChangeAlcoa*N 401795 37.47 35.25 36.91 – 0.09…