Volume 99 Number 32 Sep 23 - 29, 2013

Drillers at the Imwauna gold target at PNG Gold's Normanby gold project in Papua New Guinea. Source: PNG Gold

PNG Gold hits high grade

VANCOUVER — Every time drills probe the main Imwauna vein system at PNG Gold’s (TSXV: PGK; US-OTC: ISRJF) Normanby project in Papua New Guinea, they return high-grade gold from a steeply dipping structure that is narrow but easy to…



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…



B2Gold brings its operational prowess to Masbate

VANCOUVER — The Philippines may not top any list of mining-friendly jurisdictions, but that hasn’t deterred geographically diversified Canadian miner B2Gold (TSX: BTO; NYSE-MKT: BTG) at its recently acquired Masbate gold mine,…


A drill rig at the Pebble copper-gold project in Alaska. Source: Northern Dynasty Minerals

Anglo American kicks aside Pebble

VANCOUVER — The massive and controversial Pebble copper-gold project in Alaska is solely owned again by junior Northern Dynasty Minerals (TSX: NDM; NYSE-MKT: NAK), now that its joint-venture partner Anglo American (LSE: AAL; US-OTC:…


Mining activity in the pit at Monument Mining's Selinsing gold mine in Malaysia. Source: Monument Mining

Monument forges ahead in Malaysia

VANCOUVER — It has been three years since Vancouver-based junior Monument Mining (TSXV: MMY) started production at its Selinsing gold mine at Bukit Selinsing Koyan, 65 km north of Raub, Malaysia. And the company is showing no signs of…




Editorial: QE-related price distortions

In a presentation at the Toronto Resource Investment Conference on Sept. 12, David Franklin of Sprott Asset Management said that after a tough first half “we have turned the corner,” and investors can take advantage of price…



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