Goldcorp selling San Dimas, Escobal to juniors
VANCOUVER — Goldcorp (G-T, GG-N) has announced the sale of its San Dimas gold-silver mine in Mexico, a month after entering into a similar arrangement for its Escobal silver deposit in Guatemala.
Volume 96 Number 17 - Jun 14 - 20, 2010
Anatolia secures Tunceli licenses
VANCOUVER — Anatolia Minerals (ANO-T) has secured full ownership of a group of mineral licenses in Turkey after a failed joint venture with Rio Tinto (RTP-N, RIO-L).
Prophecy makes headway with Ulaan Ovoo in Mongolia
Prophecy Resource’s (PCY-V, PCYRF-O) Ulaan Ovoo coal project in Mongolia is expected to be in production this year, so it’s a good thing the company has secured rail loading facilities to transport co…
TORONTO STOCK EXCHANGE -May 31-June 4
Global markets continued to be a study in volatility and the TSX composite index was no exception as the index fell over the May 31 -June 4 period. Still jittery over the near bankruptcy of Greece, Hu…
TSX VENTURE EXCHANGE -May 31-June 4
It was a week in the red for the S&P/TSX Venture composite index over the May 31-June 4 trading period, as investor uncertainty over everything from the Eurozone to the summer doldrums pushed the …
U.S. MARKETS -June 1-4
Disappointing statistics on job recovery in the United States and comments from Hungary that it may be headed for a Greece-style debt crisis haunted U.S. equity markets on June 4 and pushed the euro d…
Kimber rises on positive Monterde economics (June 14, 2010)
VANCOUVER — Kimber Resources’ (KBR-T) Monterde project in Mexico could produce 813,000 oz. gold and 21.4 million oz. silver over a 13.4-year mine life, according to a preliminary economic assessment …
Romios explores next to Galore Creek (June 14, 2010)
Right now, nearly everything about Romios Gold Resources (RG-V) is small — its $1.3-million budget, its $15-million market cap and its 27-sq.-km Trek project– but the company believes that Trek’s lo…
Cabo to drill Fire River’s Nixon Fork
Exploration drilling workhorse Cabo Drilling (CBE-V) has racked up another drilling contract, this time on the United States’ northern frontier -Alaska.
Petra borrows US$78M
Leading rough diamond Petra Diamonds (PDL-L) hopes to treble annual diamond production to 3 million carats by 2019 with the help of a US$78 million loan from the International Finance Corp. (IFC) and …
IFC to invest in Argentex Mining
VANCOUVER — Argentex Mining (ATX-V, AGXM-O) has announced a proposed $7.3-million private placement by the World Bank’s International Finance Corp. (IFC) that will help further the development of its…
PEOPLE (June 14, 2010)
Amanta Resources — Thanawut Sirinawin appointed a director.