News

Into the deep

A group of nurses from Red Lake, Ont., including myself, once participated in an underground tour of the gold mines there. We signed in at the gatehouse, donned coveralls, boots (big, honking, HEAVY b…



Marlin begins production (December 26, 2005)

Glamis Gold‘s (GLG-T, GLG-N) contentious Marlin gold-silver mine in western Guatemala has weathered Hurricane Stan and sometimes-violent protests to hit its commercial stride….


Strongbow shoots up the market

Shares in Strongbow Exploration (SBW-V) continue to exceed 30 apiece more than three weeks after the company released drill results from its partly owned Skoonka Creek gold propert…



Spot Prices Tuesday, Dec. 20, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $505.75 -17.05
Silver $8.55 -0.19
Platinum…


Abacus buys Afton back-in rights

A formal agreement with Teck Cominco (TEK.SV.B-T, TCKBF-O) allows Abacus Mining & Exploration (AME-V, ABCFF-O) to acquire mining-related facilities and infras…


Agnico-Eagle keeps costs low

As costs continue to escalate for gold miners, Toronto-based Agnico- Eagle Mines (AEM-T, AEM-N) is managing to buck the trend, predicting a decrease in costs for 2006….


Venture board stays the course

Continued strong precious and base metal prices kept the junior-explorer-dominated TSX Venture Exchange on track over the Dec. 13-19 trading session, notching the index up a nominal 2.35 points to clo…


Crowflight’s Bucko study proves positive

A feasibility study on the Bucko nickel deposit in the Thompson belt of Manitoba shows favourable economics, putting a $22.6-million net present value on the project….



Mongolia compromises on mining law changes

The government of Mongolia will not seek state participation in mineral deposits discovered by foreign companies without state help or funding, but is supporting proposed changes to the Minerals Law t…


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