Canadian economy looks good but TSX falls
The market continued to dash the hopes of bulls as the TSX Composite Index fell 293 points for the May 30 to June 3 despite some positive developments in the Great White North’s economy.
News
New lithium junior gets ready to explore (June 06, 2011)
Newly listed International Lithium (ILC-V) spent two years cherry picking projects, securing a strategic partner and fulfilling a plan of arrangement in May, and now is ready to get the drills turning on its lithium and rare metal properties.
U.S. markets post fifth straight week of losses
U.S. markets were closed for the Memorial Day holiday on May 30 and when they re-opened posted their fifth straight week of losses. Disappointing economic data confirmed the U.S. economic recovery has hit a soft spot, with the jobless rate…
Deseado Massif reveals more high grade discoveries (June 06, 2011)
Argentina’s Deseado Massif has seen ongoing precious metals exploration for close to 20 years, but junior explorers continue to demonstrate the area’s significant hidden potential.
NovaGold CEO chats progress, George Soros
NovaGold Resources (NG-T, NG-N) held its first live broadcast of the company’s annual general meeting of shareholders on May 25, with long-time Chief Executive Officer Rick Van Nieuwenhuyse providing a pleasing roundup of the company’s work…
Osisko warms to Threegold prospects
Two of Threegold Resources’ (THG-V) gold prospects in Quebec’s Abitibi region have showed up on Osisko Mining’s (OSK-T) radar this year.
Andina Minerals goes after the good stuff in Maricunga (June 06, 2011)
Andina Minerals (ADM-V) hopes to supercharge its promising Volcan gold project as it explores a number of high-grade targets around its initial Dorado deposit, situated 120 km east of this mining centre in Chile’s Atacama Desert.
Peruvians protest against Bear Creek’s Santa Ana
The Peruvian government has authorized the deployment of armed military troops to southern Peru’s Puno region in response to large anti-mining protests that have blocked roads connecting the country with Bolivia.
South American Silver advances in Bolivia
Proposed changes to laws governing mines owned and operated by the Bolivian State Mining Corporation, or COMIBOL, will have no impact on South American Silver’s (SAC-T) 100%-owned Malku Khota silver-indium project, the company says.
Cayden advances three North American projects
The team behind Ghana-focused Keegan Resources (KGN-T. KGN-X) has set its sights on advancing several North American prospects through relatively new entrant Cayden Resources (CYD-V).
Prodigy doubles program at Magino
Prodigy Gold (PDG-V) has more than doubled a 20,000-metre drill program at its Magino gold deposit near Wawa, Ont., to 45,000 metres after recent results defined new targets of resource expansion.
Batero’s new Colombian results show promise
Eight drills are turning on Batero Gold’s (BAT-V) two gold and porphyry centres at its 100%-owned Batero-Quinchia project in Colombia. The project is 20 km north of Medoro Resources’ (MRS-V) Marmato project and 100 km southeast of…