Volume 99 Number 44 Dec 16 - 22, 2013

Pershimco goes long on Panamanian copper

While it may not be a name many are familiar with, Pershimco Resources (TSXV: PRO) thinks its Cerro Quema project could  let it become the next big name in Panamanian copper.

Atico's El Roble mine in Colombia. Credit: Atico Mining

Atico steams ahead

Atico Mining (TSXV: ATY; US-OTC: ATCMF) became a producing mining company when it acquired 90% of the El Roble mine — the only producing copper mine in Colombia.

Workers conduct vibracore drilling on a tailings pond at Coastal Gold's Hope Brook gold project in Newfoundland. Credit: Coastal Gold

Coastal Gold makes headway

Coastal Gold (TSXV: COD) has updated the resource estimate for its Hope Brook gold project on the southwestern coast of Newfoundland, with grades in the indicated category 30% higher than in the last resource estimate completed in October 2012.

An aerial view of the Lucky Queen silver project, currently under development by Alexco Resource in the Yukon. Credit: Alexco Resource

Second Keno Hill mine is key to Alexco’s plan

VANCOUVER — There are over 40 million oz. of indicated silver resource sitting alongside a modern mill at Alexco Resource’s (TSX: AXR; NYSE-MKT: AXU) historic Keno Hill property in the Yukon, but, with the price of silver struggling…

U.S. markets, Dec. 2-6

U.S. equities jumped on Nov. 29, with a positive employment report. Better-than-expected data from the U.S. Labor Department showed the country added 203,000 jobs to non-farm payrolls in November and the unemployment rate dropped to 7% —…

View of the southwest access pit at Pilot Gold's Kinsley project in Nevada. Credit: Pilot Gold

Pilot Gold finds high-grade structures at Kinsley

VANCOUVER — A 36.6-metre intercept grading 8.53 grams gold per tonne has Pilot Gold (TSX: PLG; US-OTC: PLGTF) convinced anew the Kinsley Mountain project in Nevada could contain a lot of gold.

Logging core at the Kamoa copper project in the Democratic Republic of Congo. Credit: Ivanhoe Mines

Ivanhoe outlines major copper mine at Kamoa

VANCOUVER — Years ago, he called Voisey’s Bay a game-changer for the global nickel game. After that he labelled Oyu Tolgoi a world-class copper project. Only a few weeks ago he called a high-grade platinum, palladium, rhodium and…

TSX Venture Exchange, Dec. 2-6

The S&P/TSX Venture Composite Index lost 2%, or 18.24 points, during the week before closing at 916.65. Markets finished in the red despite rising energy and metals futures, with promising jobs data out of Canada and the U.S. fuelling…

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