The second coming of Idaho’s Silver Valley
VANCOUVER–North Idaho’s Silver Valley is famous for having produced about 1.2 billion oz. of silver plus by-product metals from mines that in some cases operated for more than a century.
News
Positive scoping study for Wits Gold’s Bloemhoek (May 12, 2008)
South African gold explorer Witwatersrand Consolidated Gold Resources (WGR-T, WGR-J) has wrapped up a scoping study on its Bloemhoek project in the southern Free State goldfield showing that, over the…
South Koreans join Baja at El Boleo
A South Korean consortium has agreed to kick in US$435 million to help develop Baja Mining’s (BAJ-T) El Boleo copper project in Mexico, where development costs have risen about 45% to US$991 million.
Canplats gains 22% on ‘Red Road’ results
VANCOUVER — The Camino Rojo discovery in Mexico is rapidly becoming an exciting story for Canplats Resources (CPQ-V).
Blades of steel: a mining tradition
Congratulations to the PDAC Caracle Cup for carrying on a long standing tradition of “miners” playing hockey during the Prospectors and Developers Association of Canada convention held annually in Tor…
Murgor boasts strong grades at Hudvam
Strong gold grades drove Murgor Resources (MGR-V, MGRRF-O) shares 48% higher on April 22 after the company released results from its Hudvam copper-gold-zinc-silver deposit in Flin Flon, Man.
GBS Gold sees potential at Union Reefs deposits (May 12, 2008)
Recent drill results from GBS Gold International’s (GBS-T, GBSFF-O) Brocks Creek and Fountain Head mines, in Australia, bode well for the company’s Union Reefs operations — fed by ore trucked from se…
M&A: ‘The only certainty in an uncertain market’
When escalating costs and a much-delayed construction schedule forced NovaGold Resources (NG-T, NG-X) and Teck Cominco (TCK. B-T, TCK-N) to pull the plug on building a mine at their Galore Creek coppe…
WSJ ad calls on U. S. to cut off aid to Mongolia
The Center for Individual Freedom has published a full-page ad in The Wall Street Journal demanding that U. S. President George Bush and Secretary of State Condoleeza Rice tell Mongolia that it has to…
Banro reports strong intersects at Namoya gold project (May 12, 2008)
Highlights from pre-feasibility drilling at Banro’s (BAA-T, BAA-X) Namoya project in the Democratic Republic of the Congo include 18.6 metres grading 20.15 grams gold per tonne and 7.3 metres grading …
DAILY METAL PRICES (May 12, 2008)
Date May 5 May 2 May 1 April 30 April 29 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 2610/2640 2645/2680 2695/2725 …
High costs leach revenues at Endeavour Silver (May 12, 2008)
Endeavour Silver (EDR-T, EXK-X) posted record production and revenue last year, but escalating cash costs and a US$1.3-million write down from soured investments in asset-backed commercial paper, ate …