Northern Gold takes more land around Garrison
Northern Gold Mining (NGM-V) is adding to its hefty land position in northeastern Ontario.
News
Unfinished business at Prairie Creek
The paint dried over 30 years ago, but a “wet paint” sign still hangs on the metal railing that was erected to stop the uninitiated from falling into the crushing circuit below.
Victoria rules at Dublin Gulch in Yukon
It has been a three-year slog for Toronto-based Victoria Gold (VIT-V) at its wholly owned Dublin Gulch property 85 km from Mayo, Yukon, but the company is nearing the finish line to put its Eagle gold deposit into production by 2015.
Drilling at Martiniere boosts Balmoral
Shares of Balmoral Resources(BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec’s Abitibi region,…
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T, LSG-X) has completed a $90-million public offering to strengthen its balance sheet, which was previously in “bad shape,” Haywood Securities analyst Kerry Smith says.
Metals, mning, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 18, 2012Precious MetalsPrice…
Detour Lake on track for production in early 2013
When Detour Gold’s (DGC-T) gold project in northern Ontario moves into production in the first quarter of next year — and eventually reaches an average production rate of 657,000 oz. gold a year, for a total of 14.1 million oz. over…
Red Lake performance is a priority, Goldcorp says
Goldcorp’s (G-T, GG-N) difficulties in the first half of the year at its flagship Red Lake operations in northwestern Ontario — including adverse ground conditions in the High Grade zone, and lower-than-expected grades in other…
Integra cuts high grade at Lamaque
It has been a promising six months for Vancouver-based explorer Integra Gold (ICG-V). The company has completed a 30,000-metre diamond drill program at its wholly owned Lamaque gold project located in the Val-d’Or gold camp in…
Editorial: MAC pitches transparency, free trade
For Mining Association of Canada (MAC) president and CEO Pierre Gratton, the future of the nation’s mining industry lies in clear-cut regulatory reform, and in cultivating global free-trade arrangements geared towards expediting the flow…
Commentary: The new SEC rules for disclosing payments
New measures requiring public disclosure by U.S. issuers of payments to governments for mineral exploration and development rights were announced on Aug. 22, 2012, by the U.S. Securities and Exchange Commission pursuant to the Dodd-Frank Act….
Commentary: ‘Dutch Disease’ diagnosis oversimplistic and wrong
The following is an edited excerpt of a speech on the so-called “Dutch Disease,” made by Mark Carney, governor of the Bank of Canada, at the Spruce Meadows Round Table in Calgary on Sept. 7, 2012. For the full speech, including charts and…