Medusa Mining’s (MML-L) vein system at its Co-O underground gold mine in the Philippines — which remains open at depth, in all directions — produced 15,557 oz. gold in the quarter ended June 30 at cash costs of US$283 per oz….
Turquoise Hill Resources (TRQ-T, TRQ-N), formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up, with initial production…
Newcrest Mining (NM-T) has reopened its Lihir gold mine in Papua New Guinea (PNG) after briefly suspending operations, just as it outlines the potential of Golpu, another major PNG project.On Aug. 28 the gold miner — Australia’s…
Three years ago the area around Banro’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today, the Twangiza oxide mine near the…
SPOT PRICESCourtesy of ScotiaBankTuesday, September 4, 2012 Precious MetalsPrice…
Vancouver-based explorer Reservoir Minerals (RMC-V) is seeing its 2012 exploration program at its Timok copper-gold property in Eastern Serbia pay off in a big way, and major producer Freeport-McMoRan Copper & Gold (FCX-N) has taken notice….
The political winds are turning against miners in Canada, with the Sept. 4 victory of the tax-and-spend Parti Québécois in Quebec and the pro-mining Liberal party in B.C. on its last legs, and looking to be replaced by the…
It’s been a busy summer in the corporate offices of Mindoro Resources (MIO-V), and now the company has stellar results from the field to throw into the mix.While the past few months have been more about private placements and…
Continental Gold (CNL-T) has the green light to start underground development at its Buritica project in Colombia.The company has had its environmental-impact assessment (EIA) approved, but it needs modifications to the EIA before it can…
Dynacor Gold Mines’ (DNG-T) share price jumped after the company announced it had produced the most gold in a month yet at its mill in Peru.
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 3 Aug 31 Aug 30 Aug 29 Aug 28 US$ in C n/a 0.9926 0.9926 0.9875 0.9864 …
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