Volume 96 Number 42 - Dec 6 - Dec 12, 2010


Almaden expands Ixtaca gold-silver zone

Almaden Minerals (AMM-T, AAU-X) has extended the Ixtaca gold-silver zone by more than 100 metres along the interpreted strike with the latest drill results from its Tuligtic project in Puebla state, M…


Vatukoula Gold Mines' flagship mine in the northern part of Fiji's Viti Levu Island, within the Tavua basin.

Vatukoula Gold seeks North American listing

Dave Paxton was so convinced he could turn around Fiji’s only gold mine that he left a comfortable job as a mining analyst at Hichens Harrison, London’s oldest stockbroking firm, to put his money wher…


TORONTO STOCK EXCHANGE -Novenber 22-26

The TSX composite index was off 39 points to 12,892 points for the Nov. 22-26 trading period despite solid data on retail spending and signs of inflation. Along with such bullish indicators came incre…


TSX VENTURE EXCHANGE -November 22-26

The last full week of November saw the S&P-TSX Venture composite index bounce back above the 2,000-point threshold after slipping below it the week before. The index ended up 61.13 points at 2,057…


U.S. MARKETS -November 22-26

The Dow Jones industrial average fell 111.55 points or 1% to finish at 11,092.00, while the S&P 500 index slipped 10.33 points to 1,189.40. Nasdaq added 16.44 points to reach 2,534.56. The Philade…


Mercer holds gold in Colombia

With the gold boom in Colombia in full swing, it may come as some surprise that speculative land next to a 10-million-oz. gold deposit would still be available.


At the Agsao shaft at Medusa Mining's Co-O gold mine in southeastern Mindanao, the Philippines.

Medusa to build a new plant at Co-O mine

Debt-free and unhedged gold producer Medusa Mining (MLL-T, MML-L, MML-A) will use US$80 million from its cash flow to build a new treatment plant and expand its Co-O gold mine in southeastern Mindanao…


Lead, zinc in oversupply in 2010: ILZSG

The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand during the first nine months of 2010. A brief summary is listed in the tables be…


Corex gains on Santana results

VANCOUVER — Corex Gold (CGE-V) added 20% to its share price after another set of drill results from the Santana project in Mexico’s Sonora state expanded the Nicho gold-oxide zone.


At the Willet Green Miller Centre in Sudbury, from left: Dominic Giroux, Centre for Excellence in Mining Innovation (CEMI) board member and president of Laurentian University; Fred Delabbio, Rio Tinto's general manager of underground mining innovation and CEMI board member; Peter Kaiser, CEMI president and CEO; Rick Bartolucci member of provincial parliament for Sudbury; and John Rodriguez, mayor of Sudbury.

Rio Tinto to create Sudbury research centre

Rio Tinto (RIO-N, RIO-L, RIO-A) has announced it will establish the Rio Tinto Centre for Underground Mine Construction at the Centre for Excellence in Mining Innovation (CEMI) in Sudbury, Ont. The min…


Pershimco revives Panamanian project

VANCOUVER — Just two months after buying the Cerro Quema gold project in Panama, Pershimco Resources (PRO-V) is pulling long gold intercepts from the site as it works to twin historic holes and colla…


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