Volume 99 Number 44 Dec 16 - 22, 2013

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.

The north side of the pit at Stratabound Minerals' Captain North Extension (CNE) zinc-lead-silver mine in New Brunswick's Bathurst camp, in March 2013. Credit: Stratabound Minerals

Stratabound unbound in New Brunswick

VANCOUVER — It has been a bit of a tough year for Calgary-based junior Stratabound Minerals (TSXV: SB; US-OTC: SBMLF) at its wholly owned Captain North Extension (CNE) zinc–lead–silver deposit in the prolific Bathurst…

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% —…

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…

Editorial: The two lions of Southern Africa

The mining community in Canada probably has more connections to South Africa than any other group in the country, and so the death of Nelson Mandela on Dec. 5 provided many miners here with time to reflect on the man’s leadership, as well…

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