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TSX loses ground, June 26-30

The S&P/TSX Composite Index fell 0.9%, or 137.37 points, to a 15,182.19-point close. Spot gold prices ventured near eight-week lows, falling US$15.10 to US$1,241.61 per oz., whereas Comex copper prices…


Process manager Nick Ricci inside the plant at Pershing Gold’s Relief Canyon gold project, 150 km northeast of Reno, Nevada. Credit: Pershing Gold.

Pershing re-envisages Relief Canyon as low cost mine

VANCOUVER — After one year of infill drilling and number crunching, Pershing Gold (NASDAQ: PGLC) has produced a prefeasibility study (PFS) for its Relief Canyon open-pit, heap-leach gold project, 150 km…







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