News

Hurricane Ivan, a category-5 storm, has struck with a vengeance, causing devastation in Grenada and extensive damage in other areas of the Caribbean.

AngloGold Ashanti (AU-N) has struck a deal to sell its entire interests in Ashanti Goldfields Zimbabwe Ltd. for US$2.26 million in cash to Mwana Africa Holdings.

Metal prices rebounded across the board during the Sept. 8-14 report period; accordingly, the Toronto Stock Exchange’s gold index rose 5.26 points to end at 195.96. The yellow regained some shine, not to mention US$8.95 to make US$405.25 per oz. b…

Spurred on by promising pyrope garnet indicator-mineral till chemistry, Shear Minerals (SRM-V) has added to the number of kimberlites at its Churchill diamond project in Nunavut, with the discovery of four new bodies.

Golden Valley Mines (GZZ-V) has intersected massive sulphides over significant width on its West Shoot Out prospect in the Ungava region of Quebec.

The Peruvian government says it won’t give into local protesters and revoke a permit allowing Minera Yanacocha, controlled by Newmont Mining (NEM-N) and Peru’s Minas Buenaventura (BVN-N), to explore for gold a…

Montreal-based Alcan (AL-T) will invest A$1.3 billion in the expansion of its Gove alumina refinery in Australia’s Northern Territory.

Another surge in nickel prices above US$15,000 per tonne in early July was too significant to escape action. Consumers withdrew their buying interest and excess material was delivered into LME warehouses against an attractive backwardation, while…

Vancouver — Since Lake Shore Gold (LSG-V) acquired an option on the Timmins Gold project in northeastern Ontario just over one year ago, the company has accelerated its exploration of the property, primarily through an aggressi…

Afcan (AFK-T) has intersected good gold grades over wide intervals at its TJS project in west-central Qinghai province, China.