New Guinea Gold pours dor at Sinivit
Vancouver — After a remedying a glitch in its recovery circuit, New Guinea Gold (NGG-V, NGUGF-O) has entered the producers club, pouring its first dor from the Sinivit mine in East New Britain provi…
News
India: the Sleeping Giant
You might say Charles Devenish is a patient man. The Australian entrepreneur has been waiting for more than a decade for permission to start mining projects in India. He has applications for permits o…
Continental gets positive feasibility for Xietongmen (August 27, 2007)
Vancouver — Continental Minerals (KMK-V, KMKCF-O) now holds a positive feasibility study for its Xietongmen copper-gold deposit in the Tibet Autonomous Region of southwestern China.
Underworld Applies Full Metal Savvy to New Zealand
Vancouver-based Underworld Resources (UW-V) has completed two small drilling programs on its gold properties in New Zealand. The resulting assays will help determine how the company allocates the $3 m…
Luiri Gold shows lustre in Zambia (August 27, 2007)
Just a little more than two months after completing a 4,200-metre drilling program at its Dunrobin and Matala gold deposits in Zambia, Luiri Gold (LGL-V) released new mineral resource estimates showin…
Australian Solomons’ Drive to Bring Back Gold Ridge
Tsunamis and civil wars are just some of the problems that could hinder the development of a mine in a tropical paradise like the Solomon Islands.
Toronto Stock Exchange August 14-20
The outlook on Bay Street continued to be grim over the Aug. 14-20 trading period. The TSX Composite Index fell another 317.11 points to 13,110.34 for the period, as word that the U.S. subprime mortga…
Agnico-Eagle to move ahead with Pinos Altos
Sean Boyd, vice-chairman and chief executive of Agnico-Eagle Mines (AEM-T, AEM-N) is feeling pretty chuffed these days.
Jinshan achieves producer status
Vancouver — Jinshan Gold Mines (JIN-T, JINFF-O) has started commercial production at its Chang Shan Hao (CSH 217) open-pit gold mine in the Inner Mongolia region of northern China.
Daily Metal Prices (August 27, 2007)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)
Producer and Dealer Prices (August 27, 2007)
Antimony : Mid-mkt US$5,470/t.
Getting in Early: Pebble Creek Mining
Pebble Creek Mining (PEB-V) of Vancouver is banking on becoming the first foreign company and the first private-sector company to start up a new precious and base metals mine in India in more than fif…