Volume 99 Number 10 Apr 22 - 28, 2013

Bears slam gold price

Gold bugs have been taking a beating of late, and it just seems to be going from bad to worse. The gold price entered official bear territory to close out the trading week, and then began the week by falling even further on panic selling.

Equipment at Sandsping Resources' Toroparu gold project in Guyana. Source: Sandspring Resources

Sandspring bolsters Toroparu economics

VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous…

A core sample with visible gold from Rainy River Resources' namesake gold project in Ontario. Source: Rainy River Resources

Rainy River hits feasibility milestone

Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”

A drill rig at Lumina Copper's Taca Taca copper project in Argentina. Photo by Trish Saywell

Lumina’s Taca Taca shows robust economics

A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…

Barrick Gold's Pascua-Lama gold project on the Chile-Argentina border. Source: Barrick Gold

More trouble at Pascua-Lama

Investors are getting tired of complications at Barrick Gold’s (ABX-T, ABX-N) Pascua-Lama gold project, which is perched high up in the Andes, but not so removed from the earthly troubles of cost overruns and environmental challenges.

The Kirkland Lake Plaque.

Honouring Kirkland Lake’s heritage

In 1911 the first bar of gold in Ontario’s Kirkland Lake gold camp was poured at the Tough-Oakes mine. One century and 42.5 million oz. gold later, a group of friends met for coffee and decided to make a bronze plaque to commemorate the…

Northern Vertex Mining's Moss gold project in Arizona. Source: Northern Vertex Mining

Northern Vertex plans for pilot production at Moss

VANCOUVER — Northern ­Vertex Mining (NEE-V) wants to get into production as soon as possible, and the junior has taken a big step in this direction with a preliminary economic assessment (PEA) of its Moss project in Arizona that lays…

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