News

U.S. equity markets enjoyed strong gains during the report period June 2-8, with the golds generally lower and base metal stocks generally higher.

First Quantum Minerals (FM-T) has entered a deal to acquire an 80% interest in a copper-gold project in western Mauritania.

Cancor Mines (KCR-T) and Cambior (CBJ-T) have intersected massive sulphide lenses with significant gold and silver assays on their Gemini-Turgeon project, 80 km north of La Sarre in Quebec’s Abitibi region.

Roughly 220 workers at the Tara zinc mine, 60 km north of Dublin, returned to work after an agreement was reached to settle, via mediation, a 9-month dispute.

Vancouver — Initial assays from Kaieteur Resource‘s (KTR-V) Altan Uul (Gold Mountain) project, in the south Gobi region of Mongolia, failed to show pervasive gold mineralization.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 8 (change from May 28 in brackets):…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…