Prefeasibility released on underground operation at Semafo’s Mana mine
A proposed underground mine that would complement Semafo’s (SMF-T, SEMF-O) existing open-pit Mana operation in…
Gold
US equity markets down from June 21-25
British economist John Maynard Keynes’s maxim that “markets can remain irrational a lot longer than you and I …
Semafo hits new high on drill results (June 28, 2010)
VANCOUVER — Semafo’s (SMF-T, SEMFF-O) share price has hit its highest level in over a decade following on-time facility upgrades, completion of a major round of financing and new high-grade gold hits…
Aurizon reads between Casa Berardi mines
VANCOUVER — With two underground gold deposits actively being mined at the Casa Berardi project in northwestern Quebec, Aurizon Mines (ARZ-T, ARK-N) recently completed a drill program to better under…
Quadra FNX loses Chinese partner for Sierra Gorda (June 28, 2010)
A Chinese utility company has walked away from a potential 50-50 joint-venture deal with recently-merged Quadra FNX Mining (QUX-T) for its Sierra Gorda copper-gold- molybdenum project and Franke coppe…
Labour problems dog Gammon at El Cubo
One year after a six-week strike shut down Gammon Gold’s (GAM-T, GRS-N) El Cubo gold-silver mine in Mexico, a second wave of labour unrest has now forced management to put the mine on care and mainten…
High-grade hits lift Fronteer
VANCOUVER — A $20-million, five-rig exploration program at the Long Canyon gold project in Nevada has quickly justified itself by returning 16.4 metres grading 21.2 grams gold per tonne in the first …
Claude revisits Amisk
VANCOUVER — Claude Resources (CRJ-T, CGR-X) has hit long intercepts of near-surface gold and silver at its Amisk gold project and high-grade drill results at its operating Seabee gold mine, both in n…
Fire River rises on drill results
VANCOUVER — Fire River Gold (FAU-V) has found numerous bonanza- grade gold intercepts even before starting a drill campaign at its Nixon Fork gold mine near Mc- Grath, Alaska.
World Gold Council
The following is the world official gold holdings as of June 20, according to the World Gold Council (WGC). Statistics show European central banks sold little gold over the past quarter of the year be…
Terrane pegs AMEC-Fluor partnership for Mt. Milligan
Mine builders AMEC Americas and Fluor Canada have signed a letter of intent with Terrane Metals (TRX-V) to construct key components for the company’s Mt. Milligan copper-gold project in northwestern B…
Time for a second look at Bolivia
LA PAZ, BOLIVIA — With national elections out of the way here and a spate of local polls completed and showing something of a setback for the populist Movement Towards Socialism (MAS) government, the political dust is settling in Bolivia and…