International Quotes (October 12, 2009)
Australia (A$) Oct. 5 Sept. 29 Change Aquila Resources 7.05 6.85 0.2 Bendigo Mining 0.24 0.24 0.00 Centennial Coal 3.12 3.21 -0.09 Fortescue Res 3.59 3.90 -0.31 Iluka…
News
Castle Gold Makes Progress At La Fortuna
Assay results from surface mapping and sampling at Castle Gold’s (CSG-V, CSGLF-O) 100%-owned La Fortuna concessions in the northwestern corner of Mexico’s Durango state have returned up to 41.1 grams …
First Resource For La Mancha’s Hassai Project In Sudan
The Hassai mine — made up of 12 open pits that have been mined since 1992 in the Red Sea Hills desert of northeastern Sudan, about 450 km from Khartoum– is Sudan’s first and only gold mine. Montreal…
Starcore Boosts San Martin Reserves Despite Financial Woes
VANCOUVER — Starcore International Mines (SAM-T, SHVLF-O) has boosted reserves at its San Martin mine in Queretaro state, Mexico.
Esperanza Sizes Up Jumil
Esperanza Silver’s (EPZ-V, ESPZF-O) 100%-owned Cerro Jumil project, an advanced open-pit heap-leach gold project south of Cuernavaca in Mexico’s Morelos state, should yield a pretax net present value (NPV) of about US$46.7 million and an…
Fletcher Nickel Likes What It Sees Near Timmins
Nearly two years after listing on the Toronto Stock Exchange, Fletcher Nickel (FL-T) is well on its way to proving that it has a large-tonnage, near-surface nickel resource on its hands that could be …
Avalon Upgrades Thor Lake
Avalon Rare Metals (AVL-T, AVARF-O) has outlined enough resources to warrant going ahead with a prefeasibility study on its Thor Lake rare metals project, 100 km southeast of Yellowknife, N. W. T.
Timmins Gold Ramping Up At San Francisco Gold Mine
Timmins Gold (TMM-V, TMGOF-O) is ramping up to full production at its San Francisco heap-leach gold project in Sonora, Mexico.The first gold pour is expected in January and already, the company has been piling crushed ore on the heap-leach…
CGA Mining Hits High-Grade Gold In Nigeria
CGA Mining (CGA-T, CGX-A) has its hands full with an advanced-stage gold project in the Philippines and completing a feasibility study at its next development project, a copper deposit in Zambia. But …
Golden Goliath Defines Las Bolas Resource
After drilling just 1,554 metres, Golden Goliath Resources (GNG-V, GGTHF-O) has come out with an initial resource estimate for its Las Bolas silver-gold property in Chihuahua state, Mexico, which is chock full of many past-producing gold and…
Mexico Turns To Mining To Plug Its Fiscal Gap
MONTERREY, MEXICO — Opposition lawmakers in Mexico are pushing for a royalty on Mexican mining production as the country faces a fiscal gap of 3% of gross domestic product next year following its worst economic recession since the 1930s. To…
How Minefinders Lived Up To Its Name
About 15 years ago, Mark Bailey, then a consulting geologist for Minefinders (MFL-T, MFN-X), walked away from the company and its grassroots La Bolsa silver-gold project in northern Sonora, Mexico, because he felt management was more concerned…