Exchange rates (June 06, 2011)
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Volume 97 Number 16 Jun 6 - 12, 2011
Aurizon sees productive year despite tough quarter (June 06, 2011)
A combination of low grades and machine troubles led to a difficult quarter for gold miner Aurizon Mines (ARZ-T, AZK-X), but the company reports that it expects to return production to normal as it embarks on extensive exploration work.
Yukon-Nevada on the rise
Yukon-Nevada Gold (YNG-T) shares saw a healthy boost following first quarter results and a recent $59-million financing, which will be used to upgrade its Jerritt Canyon gold mine in Nevada.
Pan Terra heads to southern Africa in search of gold, copper
From the ashes of a high-flying hydrogen fuel cell promotion and later a construction-site preparation and excavation business, Pan Terra Industries (PNT-V) has re-emerged as a mineral explorer.
Pilot Gold lifts off on Turkey play
A small market cap can be a wonderful thing as evidenced by the market action of two different companies in early May.
Quadra attracts Sumitomo to Sierra Gorda
Quadra FNX Mining (QUX-T) is hooking up with Sumitomo to develop the sizable Sierra Gorda copper-molybdenum project in the Atacama Desert of northern Chile.
Deseado Massif reveals more high grade discoveries (June 06, 2011)
Argentina’s Deseado Massif has seen ongoing precious metals exploration for close to 20 years, but junior explorers continue to demonstrate the area’s significant hidden potential.
Peruvians protest against Bear Creek’s Santa Ana
The Peruvian government has authorized the deployment of armed military troops to southern Peru’s Puno region in response to large anti-mining protests that have blocked roads connecting the country with Bolivia.
South American Silver advances in Bolivia
Proposed changes to laws governing mines owned and operated by the Bolivian State Mining Corporation, or COMIBOL, will have no impact on South American Silver’s (SAC-T) 100%-owned Malku Khota silver-indium project, the company says.
Cayden advances three North American projects
The team behind Ghana-focused Keegan Resources (KGN-T. KGN-X) has set its sights on advancing several North American prospects through relatively new entrant Cayden Resources (CYD-V).
Prodigy doubles program at Magino
Prodigy Gold (PDG-V) has more than doubled a 20,000-metre drill program at its Magino gold deposit near Wawa, Ont., to 45,000 metres after recent results defined new targets of resource expansion.
Batero’s new Colombian results show promise
Eight drills are turning on Batero Gold’s (BAT-V) two gold and porphyry centres at its 100%-owned Batero-Quinchia project in Colombia. The project is 20 km north of Medoro Resources’ (MRS-V) Marmato project and 100 km southeast of…