Volume 99 Number 32 Sep 23 - 29, 2013

New Dawn shuts Dalny mine in troubled Zimbabwe

Lower gold prices, operational problems and a two-year delay in approving its indigenization plan has resulted in a “serious liquidity problem” and the closure of its majority owned Dalny mine in Zimbabwe, New Dawn Mining (TSX: ND)…

The view from Pilot Gold's new Karaayi property, looking east towards the TV Tower gold project in northwest Turkey. Source: Pilot Gold

Pilot Gold sees district-scale potential in Turkey, Nevada

VANCOUVER — Pilot Gold’s (TSX: PLG; US-OTC: PLGTF) large TV Tower property in Turkey has returned a stream of promising drill results over the past few months, including well-mineralized intercepts from the project’s silver…

TSX Venture Exchange, Sept. 9-13

The S&P/TSX Venture Composite Index lost ground during the trading period, with a decline in commodity futures fuelling the fall. During the week the Venture dropped 1.4%, or 13.42 points, en route to a 941.50-point close, as U.S….

U.S. markets, Sept. 9-13

The Dow Jones Industrial Average posted its best gain since January, climbing 453.54 points, or 3.04%, to 15,376.06; and the S&P 500 Index reported its best gain in two months, rising 1.98%, or 32.82 points, to 1,687.99. The Nasdaq…

A worker locates a drill site near a vineyard and convent at the Tabuaco tungsten project in Portugal, 100 km southeast of Porto. Source: Colt Resources

Colt gets positive PEA for Tabuaco tungsten project

VANCOUVER — A preliminary economic assessment (PEA) says the tungsten mine that Colt Resources (TSXV: GTP) is planning at its Tabuaco project in northern Portugal works on paper. It’s a vote of confidence for Colt to expand the…

Visitors entering the Santa Elena mine portal  in Sonora, Mexico. Source: SilverCrest Mines

SilverCrest’s drilling success at Santa Elena

VANCOUVER — Following a successful second quarter, producer SilverCrest Mines (TSXV: SVL; NYSE-MKT: SVLC) had more good news for investors in the form of drill results from its flagship Santa Elena silver-gold mine in Sonora, Mexico. The…

Miners walk along underground tunnels at the Cigar Lake project in Saskatchewan. Source: Cameco

Cameco delays Cigar Lake

Cameco (TSX: CCO; NYSE: CCJ) expects a six-month delay at its 50%-held Cigar Lake uranium project in northern Saskatchewan, as more work needs to be done at the mine and mill to ensure uranium can be safely extracted and processed.

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.