Mixed results for Ethos Gold’s first pass at Betty
VANCOUVER — The first drill program on Ethos Gold’s (ECC-V) Betty project in the Yukon has yielded both encouraging gold discoveries and numerous blanks.
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Alexandria finds new gold in the same old place
Some places just never go out of style.
Iamgold not “bailing” on Ecuador
Headlines in the mainstream media that Iamgold (IMT-T) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), told The Northern Miner.
Guyana’s challenges may hold rewards for gold explorers
VANCOUVER — When it comes to unearthing gold in a youthful mining jurisdiction like the South American nation of Guyana, explorers are often faced with infrastructure-based speed bumps on the road to establishing an economic deposit. Both…
Venture hits new 52-week low in June 18-22 period
VANCOUVER — The S&P TSX Venture Composite Index sunk to a new low in the June 18 to 22 period, dropping 45 points to close at 1,206.03 points. The closing position puts the index at a new 52-week low and its lowest level since…
RCMP looks at Cardero’s activities in Ghana
Despite promising early results from its Sheini Iron Ore project in Ghana, Cardero Resources (CDU-T) could be facing some legal headaches over the project.
TSX drops on global growth concerns
It was a turbulent week for the Toronto Stock Exchange as the S&P/TSX Composite Index gained for three straight sessions before plummeting 351 points on June 21, the biggest one-day loss of the year. The next day the index recovered…
U.S. markets take another hit, Jun 18-22
News mid-week that the U.S. Federal Reserve will deliver more monetary stimulus by extending its program of selling short-term securities to buy longer-term ones in order to keep long-term borrowing costs down, was followed by a rash of…
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TORONTO STOCK EXCHANGE
Colombian drilling lifts Continental Gold
Strong drill results from nine diamond drill holes at the Buritica gold project in Colombia sent shares of Continental Gold (CNL-T) up 28¢, or 3.9%, to $7.38 apiece on June 4.Highlights from the holes drilled into the Yaragua system…
Panoro shows promise in Peru
Panoro Minerals (PML-V) has over a dozen properties in Peru, but is focusing on developing its two advanced-stage projects in the country’s southeastern region.Its top priority is the wholly owned Cotabambas copper-gold project,…
Xstrata copes with civil unrest in Peru
As with many resource-rich developing countries, there can be tensions in Peru between pro-mining interests and affected local communities. Switzerland-based Xstrata (XTA-L) is stuck in the middle of such a dispute as regional…