News

Charlim lists on Montreal Exchange

Formerly listed on the Vancouver Stock Exchange, common shares of Charlim Resources have begun trading on the Montreal Exchange. Charlim, which explores for and develops mining properties in Quebec, c…


NEWS ROUNDUP — Ican drilling Idaho play

Drilling has begun on Ican Minerals’ (TSE) Almaden gold mine in Idaho. The work will test a newly discovered zone which is 2,000 ft. northwest of the known orebody and 500 ft. lower in elevation. In t…


Freewest options claims north of Kirkland Lake

Montreal-based Freewest Resources (TSE) has signed an option to acquire three claims, comprising 1,040 acres, north of Kirkland Lake, Ont. Over a 5-year period, Freewest will pay $150,000 cash and iss…


Gold and the International Monetary Fund

The International Monetary Fund (IMF) is the second-largest holder of gold in the world. From 1944 to 1978, gold was the unit of account and the central reserve asset of the international financial sy…






Golden Star acquires Venezuelan gold plays

Denver-based Golden Star Resources (TSE) and its Venezuelan partner, BPC, have entered an agreement to earn a 60% interest in the Increible 6 and Valle Hondo group of properties. The vendor is the Inv…



World demand for gold expands

Interest in gold, among central banks, has rarely been so high. This is because the price of gold is approaching US$400 per oz. and because of the mobilization of gold (gold loans, options, etc.) by s…



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