WGC: Strong outlook for gold demand in Q4 2010
The following statement was recently released by the World Gold Council or WGC.
Articles by Northern Miner Staff
NZ in mourning
The second last week of November saw tragedy descend on the normally idyllic West Coast region of New Zealand’s South Island, where an underground explosion killed 29 miners at the Pike River coking c…
Mirasol prepares to drill new silver discovery (November 29, 2010)
As it prepares to begin drill testing a grassroots silver find in Argentina’s Santa Cruz province, Mirasol Resources (MRZ-V, M8R-F) is topping up its treasury with a $9.3-million financing.
Shallow gold in Serbia for Avala
VANCOUVER — Recently restructured Avala Resources (AVZ-V) has released a significant shallow gold hit from its Korkan-Bigar target in eastern Serbia as it works to advance several prospects in the ar…
K+S bids $434M for Potash One
VANCOUVER — A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of Australian giant BHP Billiton’s (BHP-N) US$39- billi…
Eike still likes gold (November 29, 2010)
While Brazilian billionaire Eike Batista has swelled his fortune on Brazilian offshore oil over the last five years, he still has an appetite for the commodity that helped propel him to fame and fortu…
Nyrstar offers $409M for Farallon
VANCOUVER — Emerging producer Farallon Mining (FAN-T) has agreed to a friendly takeover bid by zinc giant Nyrstar in an all-cash deal valued at $409 million fully diluted.
Explorator probes copper-gold mantos at El Espino (November 26, 2010)
Vancouver – Explorator Resources’ (EXO-V) 23,000-metre drill program at its joint-ventured El Espino project in Chile is showing that the historic mines scattered across the property may have only scratched the surface of its copper-gold…
Long REE holes boost Commerce Resources
Vancouver – Two long holes, mineralized with rare earth elements (REEs) from almost top to bottom, have caused a spike in Commerce Resources’ (CCE-V) share price.
Mercer looks to be the next name in Colombian gold
With the gold boom in Colombia in full swing it may come as some surprise that speculative land next to a 10 million oz. deposit would still be available. But up until June of last year, that was just the case with the Guayabales property….
Another new kimberlite discovery at Chidliak shows promising potential
The Chidliak diamond project on Baffin Island in Canada’s Far North continues to demonstrate tremendous potential with the release of a new batch of microdiamond results. The latest results show the CH-44 kimberlite has a very promising coarse…
Continental Gold strikes high grades at Buritica
Vancouver – The latest results from Continental Gold’s (CNL-T) on-going 100,000-metre drill program at its Buritica gold project in Colombia show more high-grade gold intercepts.