News


INVESTMENT COMMENTARY — Kinross takes a breather

By purchasing underdeveloped assets and realizing their full potential, Kinross Gold (TSE) has become one of the fastest-growing North American gold producers. Indeed, the company seems poised to join…


Magma and Chase to exploit Philippine copper

An agreement with Magma Copper (NYSE) will enable Chase Resource (TSE) to advance its Taysan copper project in the Philippines.Subject to the completion of a due diligence review and regulatory approv…


Inmet Mining takes Copper Range closure on the chin

There was little cause for celebration as Inmet Mining (TSE) unveiled its results for the second quarter.The company’s decision to suspend conventional mining and milling at its 87%-owned Copper Range…


Noranda to test SX-EW at Gaspe

Solvent extraction-electrowinning technology (SX-EW) will be applied to stockpiled copper oxide ores at Noranda’s (TSE) Gasp mine in Quebec.The company will spend $4 million constructing a pilot plan…



Drilling at Petaquilla focuses on Valle Grande

Drilling at the Petaquilla property in Panama is testing the starter-pit potential of the Valle Grande zone.Adrian Resources (TSE) reports that classic porphyry-style mineralization begins at surface …


Int’l Gold banks on Bibiani deposit

A feasibility study on the Bibiani gold deposit in Ghana has concluded that the project is “robust and economically viable.”The deposit, owned 45% by International Gold Resources (TSE) and 55% by the …


Permits issued for Briggs gold deposit

Colorado-based Canyon Resources (NASDAQ) has received all major permits for construction of the Briggs gold deposit in southeastern California.However, the company has received two appeals concerning …


Gold demand continues to grow

Broad-based, worldwide demand for gold continued to grow in the second quarter.The latest issue of Gold Demand Trends, published by the World Gold Council, indicates that investors continued to show e…


EDITORIAL PAGE — A hollow victory?

The recent ribbon-cutting ceremony at the Eskay Creek gold-silver mine north of Stewart marks the first mine opening in British Columbia in five years.Premier Michael Harcourt, Mines Minister Anne Edw…


GREATEST VALUE TRADED, AUGUST 9-15

Exchange Value($000s) High LowCloseChange Inco Ltd T124947$47 1/246 1/847 3/8+1/4Placer Dome T97749$36 5/833 7/836 1/2+1 1/4Barrick Gold T90227$35 3/433 5/835 5/8+3/4Falconbridg…


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