More gold at Palmarejo’s Guadalupe
Vancouver — Deep drilling by Palmarejo Silver and Gold (PJO-V, PJOFF-O) on its Guadalupe project in Chihuahua state, Mexico has tapped into a zone of high-grade gold mineralization.
Gold
Newmont ups earnings
Third-quarter earnings at Newmont Mining (NEM-N, NMC-T) grew by 57% year-on-year thanks to the rising gold price.
Editorial: Friedman’s fight for freedom
We note the passing this week of the great American economist, libertarian and public thinker Milton Friedman, who died at the age 94 in San Francisco, of all places, where he was a senior research fe…
Civil unrest gives way to fragile peace in Kyrgyzstan
While the signature of Kyrgyzstan’s president on constitutional reforms has — at least for the moment — quelled the raucous opposition gathering at the gates of the central Asian state’s parliament,…
Queenstake Q3 disappoints
Vancouver — Reduced gold production coupled with higher commodity and labour costs pushed Queenstake Resources (QRL-T, QEE-X) to its worst quarterly performance since acquiring the Jerritt Canyon min…
Crew buys Nugget Pond for Nalunaq ore (November 27, 2006)
Crew Gold (CRU-T, CRUGF-O) has struck a deal to buy the dormant Nugget Pond gold mill in Newfoundland from New Island Resources (NIS-V, NIREF-O) so that it can process ore from its Nalunaq gold mine i…
Metallica, Xstrata upgrade El Morro copper-gold resource (November 27, 2006)
Metallica Resources (MR-T, MRB-X) has announced a substantial upgrading of its La Fortuna copper-gold deposit at its El Morro project in Chile.
Metal price forecast — 2007
Metal investors can be forgiven for popping an extra bottle of Dom Prignon this New Year’s Eve. It’s been a rollic…
Exall shareholders approve spinoff (November 24, 2006)
Shareholders of Exall Resources (EXL-T, EXALF-O) have approved a reorganization plan that will see current sharehol…
Skeena cuts higher grades at El Corazon
Vancouver – Additional drill results from Skeena Resources’ (SKE-V, SKREF-O) El Corazon gold project in northwester…
Fronteer grabs 17.4% stake in Latin American Minerals
Vancouver – Calling it a strategic investment, Fronteer Development Group (FRG-T, FRG-X) has taken down a private p…
Gold Fields, Sino Gold tighten up
Already holding a significant stake in Australian gold producer Sino Gold (SGX-A), South African mining house Gold …