US markets down in the June 1-4 trading week
Disappointing statistics on job recovery in the United States and comments from Hungary that it may be headed …
News
Metates looks good to Chesapeake
Chesapeake Gold’s (CKG-V) preliminary economic assessment (PEA) of its 100%-owned Metates gold-silver project in Mexico’s Durango state, forecasts a mine life of 27 years with a total life-of-mine production of 14.8 million oz. gold, 391…
East Asia grows Miwah to the north, west (June 07, 2010)
VANCOUVER — New drill and sampling results continue to expand the gold zone at East Asia Minerals’ (EAS-V) Miwah project in Indonesia, with recent results extending mineralization to the west and con…
Metals Creek finds new zone at Ogden in Timmins
Attractive drill results and the discovery of a new gold zone at Metal Creek Resources’ (MEK-V) Ogden property in Timmins, Ont., lifted the junior’s share price.
Nevada Copper hits deeper copper at Pumpkin (June 07, 2010)
VANCOUVER — Step-out drilling by Nevada Copper (NCU-T) at its Pumpkin Hollow copper project in Nevada has expanded mineralization at the extensively-explored property.
Gold Canyon’s new approach at Springpole
VANCOUVER — Gold Canyon Resources (GCU-V) has hit healthy gold intercepts in a new drill program at the company’s 100%-owned Springpole project in northwestern Ontario’s Red Lake gold district.
Metals Exploration flaunt promising economics for Runruno
A feasibility study on Metals Exploration’s (MTL-L) Runruno gold-molybdenum project on Luzon Island in the Philippines has “transformed” the project “from a promising resource into a mine-in-waiting,”…
Consolidated Thompson’s big decision fueled by Chinese demand
Consolidated Thompson Iron Mines or CLM (CLM-T) is set to push ahead on a plan to double iron ore production at its Bloom Lake project in Quebec.
Mexican President addresses tax question
At a gala dinner in Toronto honouring Felipe Calderon, the president of Mexico fielded questions on everything from his administration’s war on drugs to whether the soccer-crazy nation is likely to wi…
Polish miner agrees to fund Abacus’s Afton-Ajax
Europe’s second largest copper producer KGHM Polska Miedz has agreed to fund up to 80% of Abacus Mining’s (AME-V) Afton-Ajax copper project near Kamloops, B.C., which could be the first of many new pr…
Kaminak Gold reignites Yukon gold district (June 07, 2010)
Kaminak Gold (KAM-V) shares jumped 51% or 46¢ apiece to $1.36 per share in Toronto following bonanza assay results from the first two holes drilled at its 100%- owned Coffee project in the White …
Greystar jumps on Angostura approval
VANCOUVER — Greystar Resources’ (GSL-T) share price soared 44% on news the Colombian government has reversed its recent decision to invalidate the environmental impact assessment (EIS) for Greystar’s…