Sabina discovers another zone at Back River
Vancouver – Sabina Gold and Silver (SBB-T) has hit a third new mineralized zone at its Back River gold project…
News
TSX Composite higher for June 14-18 period
The TSX Composite Index finished the June 14-18 period higher as gold rose to record highs and the situation i…
Good week for gold and gold companies in the U.S.
Maintaining its safe haven status, gold reached new highs over the June 14-18 trading period due to ongoing co…
Venture starts a comeback over June 14-18
Vancouver – The S&P TSX Venture Composite Index managed to gain every day but one over the June 14-18 peri…
New Pacific updates HNK resource
An updated resource estimate for the HNK gold project in southern China failed to impress shareholders, with shares of New Pacific Metals (NUX-V, NUXFF-O) dropping a penny or 1.5% to close at 67¢…
Silver Standard completes Snowfield’s prelim assessment
Silver Standard Resources (SSO-T, SSRI-Q) already has the largest published in-ground silver resource of all publicly-traded silver companies with projects throughout Argentina, Peru, Mexico, Canada, …
NMC Resource mines South Korean moly
Molybdenum prices are trading at US$17.10 per lb. and NMC Resource (NRC-V), which owns 100% of a producing molybdenum mine in South Korea, thinks it’s a good time to be investing in the metal.
New Gold ups Q1 production by 41% (June 21, 2010)
New Gold (NGD-T, NGD-X) showed huge improvements during the first quarter of 2010, significantly increasing gold production and decreasing cash costs compared to the same period in 2009.
Avalon soars on updated REE resource
Shares of Avalon Rare Metals (AVL-T, AVARF-O) rose 11.2% or 23¢ apiece to close at $2.28 on news that an updated resource estimate for its Nechalacho deposit at Thor Lake in Canada’s Northwest Te…
Cliffs goes after Spider
Iron ore and coal giant Cliffs Natural Resources (CLF-N) has raised its offer for Spider Resources (SPQ-V) by 27% to $109 million, putting a wrench in Spider’s plans to merge with KWG Resources (KWG-V…
Salazar restarts drilling at Curipamba
Salazar Resources (SRL-V) is back in the game in Ecuador, and has the drills turning at its Curipamba project, which is a gold-rich volcanogenic massive sulphide (VMS) camp.
EXCHANGE RATES (June 21, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 14 June 11 June 10 June 9 June 8 US$ in C$ 1.0253 1.0333 1.0337 1.0395 1.0518 C$ in US$ 0.9753 0.9678 0.9674 0.9620 0.9…