Gold

Gold isn’t all that glitters

While investors buzz about the possibility of gold breaking the US$1,000 per oz. plateau in the coming year, Patricia Mohr, vice-president of industry and commodity research at Scotiabank, says the ho…


WGC predicts stronger gold

With the 1980 record gold price of US$850 per oz. within sight once again, high demand and tight supply of the yellow metal have the World Gold Council predicting a new price floor, making gold’s futu…


Editorial: Galore Creek blues

The week ended Nov. 30, the 48th week of 2007, saw British Columbia’s mining sector rattled by bombshell news that NovaGold Resources and Teck Cominco are mothballing development of their Galore Creek…









Marathon’s resource grows

An updated in-pit resource estimate has boosted Marathon PGM’s (MAR-T,MRPGF-O) total resource at its palladium-gold…


NOVAGOLD RESOURCESNo more Galore: NovaGold Resources and Teck Cominco have shelved the Galore Creek copper-gold project, in northwestern B.C., owing to escalating costs and slow progress.

Sun sets on Galore…for now

Vancouver — Just six months after NovaGold Resources (NG-T, NG-X) brought on Teck Cominco (TCK.B-T, TCK-N) as a partner to build a mine at its Galore Creek copper-gold deposit in northwestern B.C., t…


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