Just two years after acquiring its Penasquito property in Mexico, Goldcorp (G-T, GG-n) poured its first gold from the project’s oxide circuit and expects the planned open-pit mine to reach full produc…
The evolution of Gammon Gold (GAM-T, GRS-x) from a small junior exploration company to a mid-tier gold and silver producer was a nice growth story — at first.
Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Lundin Mining LUN 23973922 -2240139 Ivanhoe Mines IVN 17773821 627410 Eldorado Gol…
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 US$ in C$ 1.1027 1.0812 1.0769 1.0609 1.0599 C$ in US$ 0.9069 0.9249 0.9286 0.9426 0.94…
Vancouver — As Candente Resources (DNT-T, CDOUF-o) closes in on an expanded scoping study for its Canariaco Norte copper-gold porphyry, its first drill result from a second porphyry target 1.3 km to …
The same day that it dropped a hostile US$10-billion bid for Lonmin (LNMIF-O, LMI-l), Xstrata (XSRAF-O, XTA-l) increased its stake in the platinum miner to nearly 25% — buying 22.2 million shares at …
The week ended Oct. 4, the 40th trading week of 2008, was again characterized by global economic uncertainty stemming from the U. S. banking crisis. Miners and mineral explorers are now feeling the pa…
Since Mexico’s mining group Industrias Peoles (IPOAF-O, PENOLES-m) spun off its silver and gold assets creating Fresnillo (FNLPF-O, FRES-l), the new company has generated some buzz.
as of 9 a. m. ET, Oct. 7, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5…
Infill drill results from Fortuna Silver Mines’ (FVI-V, FVITF-o) 33,000-metre program at the San Jose silver-gold project in Oaxaca, Mexico, are starting to come in.
North Bay, Ont.-based mining contractor The Redpath Group has cemented its place in the Australian mining sector through its acquisition of Eroc Pty. Ltd.
Using assays from the last two reverse- circulation holes on its Cobre Grande copper project in Mexico, Linear Metals (LRM-t) has extended the El Oso mineralized zone to a strike length of 300 metres….
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