News

North American Mining: 111.04 (+0.03)…

Drilling by Miramar Mining (MAE-T) is extending mineralization in the Madrid area of the Hope Bay gold project, near Bathurst Inlet in Nunavut.

Metallica Resources (MR-T) has acquired Glamis Gold‘s (GLG-T) net smelter return royalty on the Cerro San Pedro heap-leach gold-silver project in central Mexico.

The mill at the Ok Tedi copper-gold mine in northwestern Papua New Guinea is back to full capacity following a 2-month shutdown of one of its grinding circuits.

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…

Early-stage reverse-circulation drilling by Patagonia Gold (PGD-L) at the Cerro Crespo property in Chubut province, Argentina, has intersected gold along a 200-metre-long vein.

Shares of Grand Central Silver Mines (GSLM-O) have doubled, tripled and quadrupled in recent months, following news that the company had found a “Carlin-type” gold deposit adjacent to the Bingham Canyon copper mine in Utah.

Tiomin Resources (TIO-T) has acquired a 3-acre parcel of land on the southern side of Mombasa Harbour in order to advance its Kwale titanium-sands project in Kenya.

Proceeds from a $6.5-million private placement will enable Minera Andes () to advance the Huevos Verdes gold-silver project in southern Argentina.

Vancouver-based Chesapeake Gold (CKG-V) has assembled a portfolio of 10 gold projects in Mexico, including ones in a new epithermal gold district.