International Tower Hill hits infill high-grade at Livengood
Vancouver – Winter infill drilling has returned strong gold intercepts at International Tower Hill Mines’ (ITH-T, THM-X) Livengood project in Alaska.
News
Greystar releases underground study on Angostura
Vancouver – Restructured Greystar Resources (GSL-T) has released an underground-only scoping study on its beleaguered Angostura gold-silver project in northeastern Colombia.
Midway bulks up gold resource at Spring Valley (May 02, 2011)
Two years worth of drilling by Barrick Gold (ABX-T, ABX-N) has allowed joint venture partner Midway Gold (MDW-V, MDW-N) to add significant gold resources to its Spring Valley gold project in Pershing County, Nevada.
Venture closes down in April 25-29 period
Vancouver – The S&P TSX Venture Exchange had a mixed week but ultimately ended down 29.5 points at 2,252.14 points in the April 25 to 29 period. Volume was down significantly from the period before, dropping 60 million trades a day to an…
TSX struggled in the Apr. 25-29 trading week
The TSX composite index dropped 27.23 points or 0.20% to finish the Apr. 25-29 trading week at 13,944.79, while the Capped Metals & Mining index rose 8.11 points or 0.55% to 1,485.47 and the Global Gold index fell 6.77 points or 1.64% to…
Letter to the Editor: Back off Berukoff
As a former Western Editor of your newspaper, I was disappointed to read the Lion One Metals (LIO-V) story (T.N.M., May 2-8, 2011).
U.S. markets were up, Apr. 25-29
The Dow Jones Industrial Average rose 304.55 points or 2.44% to close at 12,810.54, while the S&P 500 index advanced 26.23 points or 1.96% to finish at 1,363.61. The Philadelphia Gold and Silver Index fell 3.57 points or 1.58% to 222.22,…
Barrick bids for Equinox (May 02, 2011)
The board of Equinox Minerals (EQN-T, EQN-A) is withdrawing its bid for Lundin Mining (LUN-T) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (ABX-T, ABX-N), which values the company at about $7.3 billon. The…
Fiji-bound: Lion One hunts for elephants
After 14 unsuccessful years trying to build Cuba’s grandest chain of tourist resorts, North Vancouver stock promoter Walter Berukoff has moved on to a new tropical destination: Fiji. There, he plans to explore and develop a gold project named…
Wildcat finds more silver in Arizona (May 02, 2011)
Highlights from step-out and infill drilling at Wildcat Silver’s (WS-V) Hermosa silver project in Arizona include 26 metres of 346.52 grams silver per tonne, 12.24% manganese, 3.16% zinc, 4.22% lead and 0.30% copper in hole 117.
Editorial: Is Barrick tired of gold?
We keep getting surprised by the latest developments in the fate of newbie copper miner Equinox Minerals.
GFMS: Gold to pass US$1600 in 2011
The following was released by GFMS and outlines the highlights of its Gold Survey 2011. The summary draws from a briefing given by GFMS chairman Philip Klapwijk in London. For more information and to buy the full report visit www.gfms.co.uk.