News

Trio of financings reveals hot market

Vancouver — A recent series of major financings serves as a good barometer of the frothy mining investment climate. UrAsia Energy (UUU-V, UAEYF-O), New Gold (NGD…


All OK at K2

January opened with a dozen miners’ deaths stemming from a too-little, too-late response to an explosion at the Sago underground coal mine in West Virginia. But the month closed with Canadian miners s…


Winners and losers

— The following is an excerpt from Mining Explained, published by The Northern Miner….


Venture exchange outpaces senior board

The TSX Venture Composite Index closed the Jan. 31-Feb. 6 trading week at 2,606.49, up 58.77 points or 2.3%, continuing its march to new highs on an adjusted basis. Over the past year, the junior inde…


Adastra circles the wagons

Following a day of examination, Adastra Minerals (AAA-T, AAA-L) has again rejected a now formal takeover bid from First Quantum Minerals (FM-T, FQM-L)….


Workers prepare the heap-leach pad at Glencairn Gold's Bellavista gold mine in Costa Rica, now in commercial production.

Bellavista makes it to commercial production

Miramar, Costa Rica — Sometimes, it takes a while. Thirty-five owners and 55 years after the first permits were issued, Glencairn Gold (GGG-T, GLE-X) is now in commercial productio…


Southern Peru, Peabody ten-baggers

With metal prices holding firm over the report period ended Feb. 6, much of the action in mining stocks centred around the stories of individual companies….


Spot Prices Tuesday, February 7, 2006 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $568.25 -1.55
Silver $9.72 -0.19
Platinum<...



Ivanhoe tables latest Oyu Tolgoi reserves

Vancouver — Previous resource calculations on Ivanhoe Mines‘ (IVN-T, IVN-N) planned open-pit deposits at Oyu Tolgoi, in southern Mongolia, have been upgraded to the reserve categor…




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