Hunting for gold in the Gem State
Most know Idaho as the Potato State, but the area also has a lesser-known nickname, the Gem State, which dates back to its territorial days.
Volume 97 Number 31 Sep 19 - 25, 2011
Barrick keeps growing in Nevada
As Barrick Gold (ABX-T, ABX-N) steps up exploration efforts at its Cortez, Turquoise Ridge and Ruby Hill projects in Nevada, it has uncovered two new gold discoveries.
People
BCGold – Darren Bahrey resigned as a director; Wes Roberts appointed a director.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Sept 13, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept 12, 2011 (change from Sept 5 in brackets):
NovaGold boosts costs for Donlin
NovaGold Resources (NG-T, NG-X) has updated the cash needed to build its joint-venture Donlin (formerly Donlin Creek) gold project in Alaska, to US$7 billion from US$4.5 billion.
Producer and dealer prices
Antimony: Mid-mkt US$15,000.00/t
Pacific North West looks to bolster Ontario’s PGM cred
Talk of platinum and palladium often leads North American mining investors’ minds to such far off places as South Africa, Russia and Zimbabwe.
Detour set to make Canadian gold mining history
The landscape around this town is prototypical of northeastern Ontario: a flat horizon dense with coniferous trees, broken here and there by a still, black lake.
Inca Pacific takes $35M buyout to end ownership dispute
A protracted ownership battle looks to be ending, with Inca Pacific Resources (IPR-V) agreeing to a $35-million buyout by Lima-listed Minera Milpo.
Daily metal prices
DateSept 12Sept 9Sept 8Sept 7Sept 6