Volume 99 Number 32 Sep 23 - 29, 2013

New Dawn shuts Dalny mine in troubled Zimbabwe

Lower gold prices, operational problems and a two-year delay in approving its indigenization plan has resulted in a “serious liquidity problem” and the closure of its majority owned Dalny mine in Zimbabwe, New Dawn Mining (TSX: ND)…




The view from Pilot Gold's new Karaayi property, looking east towards the TV Tower gold project in northwest Turkey. Source: Pilot Gold

Pilot Gold sees district-scale potential in Turkey, Nevada

VANCOUVER — Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) large TV Tower property in Turkey has returned a stream of promising drill results over the past few months, including well-mineralized intercepts from the project’s silver…



TSX Venture Exchange, Sept. 9-13

The S&P/TSX Venture Composite Index lost ground during the trading period, with a decline in commodity futures fuelling the fall. During the week the Venture dropped 1.4%, or 13.42 points, en route to a 941.50-point close, as U.S….


U.S. markets, Sept. 9-13

The Dow Jones Industrial Average posted its best gain since January, climbing 453.54 points, or 3.04%, to 15,376.06; and the S&P 500 Index reported its best gain in two months, rising 1.98%, or 32.82 points, to 1,687.99. The Nasdaq…


A worker locates a drill site near a vineyard and convent at the Tabuaco tungsten project in Portugal, 100 km southeast of Porto. Source: Colt Resources

Colt gets positive PEA for Tabuaco tungsten project

VANCOUVER — A preliminary economic assessment (PEA) says the tungsten mine that Colt Resources (TSXV: GTP) is planning at its Tabuaco project in northern Portugal works on paper. It’s a vote of confidence for Colt to expand the…




Visitors entering the Santa Elena mine portal  in Sonora, Mexico. Source: SilverCrest Mines

SilverCrest’s drilling success at Santa Elena

VANCOUVER — Following a successful second quarter, producer SilverCrest Mines (TSXV: SVL; NYSE-MKT: SVLC) had more good news for investors in the form of drill results from its flagship Santa Elena silver-gold mine in Sonora, Mexico. The…


Miners walk along underground tunnels at the Cigar Lake project in Saskatchewan. Source: Cameco

Cameco delays Cigar Lake

Cameco (TSX: CCO; NYSE: CCJ) expects a six-month delay at its 50%-held Cigar Lake uranium project in northern Saskatchewan, as more work needs to be done at the mine and mill to ensure uranium can be safely extracted and processed.


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