Volume 98 Number 3 Mar 5 - 11, 2012


A driller at Gold Canyon Resources' Springpole gold project in northwestern Ontario. Photo by Gold Canyon Resources

Gold Canyon tallies 3.7M oz. gold at Springpole

After delivering a string of exciting drill results over the past two years at its Springpole gold project in northwestern Ontario, Gold Canyon Resources (GCU-V) has released a long-awaited resource update totalling 3.7 million oz. gold and…



Batero tumbles 49% on resource estimate

Shares of Batero Gold (BAT-V) took a deadly plunge after the company disappointed the market with an initial resource estimate at its Batero-Quinchia gold project in Risaralda Department, Colombia. 


Drillers at Pretium Resources' Brucejack gold project in British Columbia. Photo by Pretium Resources

Pretium sketches larger mine at Brucejack

Pretium Resources’ (PVG-T, PVG-N) updated preliminary economic assessment (PEA) for the Brucejack gold-silver project in northern B.C. foresees an even larger and more robust mine.



Editorial: All eyes on gold

Volatility returned with a vengeance to the gold markets as February drew to a close. The spot gold price tumbled US$92.10, or 5%, in a matter of hours to US$1,691.80 per oz. at presstime, resulting in the biggest one-day loss since…


A drill rig at Freegold Ventures' Golden Summit gold project near Fairbanks, Alaska. Photo by Freegold Ventures

Freegold hunts Alaskan gold at Golden Summit

Freegold Ventures (FVL-V) hopes to be the next big thing in Alaskan gold country, with projects in areas that have proven resource-rich for Sumitomo Metal Mining and Kinross Gold (K-T, KGC-N).


Diamond drill rigs set up at Frontier Rare Earths' Zandkopsdrift rare earth element project in South Africa. Photo by Frontier Rare Earths

Frontier eyes 2015 start-up at Zandkopsdrift REE project

A preliminary economic study (PEA) on Frontier Rare Earths’ (FRO-T) Zandkopsdrift rare earth element deposit in South Africa predicts that it could be a high-margin specialty minerals producer, churning out 20,000 tonnes of separated rare…


Machine operators move material at Yamana Gold's Gualcamayo gold mine in Argentina. Photo by Yamana Gold

Yamana grows yearly profits by 17%

Yamana Gold (YRI-T, AUY-N) has reported a US$89.5-million profit for the fourth quarter of 2011.  It’s a 28% decrease from the same period a year ago, following a one-time, US$81-million impairment loss on investments. 



Drillers at Talon Metals' Trairao iron ore project in Para State, Brazil. Photo by Talon Metals

Talon sizes up iron ore at Trairao in Brazil

Talon Metals (TLO-T) has released a slew of drill results from its extensive 2011 exploration program, showing iron content in weathered and fresh rock at its Trairao project in Brazil.


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