News


Mongolia compromises on mining law changes

The government of Mongolia will not seek state participation in mineral deposits discovered by foreign companies without state help or funding, but is supporting proposed changes to the Minerals Law t…


Yellow metal loses lustre

The Toronto Stock Exchange tacked on another 55.02 points to end the Dec. 13-19 report period at 11,1554.28. The gold index did well, slipping just 0.67 of a point to 236.32 as US$27.75 was carved fro…



Marlin begins production (December 26, 2005)

Glamis Gold‘s (GLG-T, GLG-N) contentious Marlin gold-silver mine in western Guatemala has weathered Hurricane Stan and sometimes-violent protests to hit its commercial stride….


Implats inks regal BEE deal

Impala Platinum Holdings (IMPUY-O, IPLA-L), the world’s second-largest platinum producer, has agreed to sell a 49% stake in its refining business to Royal Bafokeng Resource…


Golds weaken — a little

Stock markets south of the border moved sideways during the reporting period Dec. 13-19, despite generally positive economic news and a signal from the Federal Reserve Bank that it had finished with i…



Lending Rates (December 26, 2005)

as of 4 pm ET, Dec. 19, 2005 (%)
Bank of Canada 3.50
Target overnight rate 3.25
Canadian Prime 5.00

Strongbow shoots up the market

Shares in Strongbow Exploration (SBW-V) continue to exceed 30 apiece more than three weeks after the company released drill results from its partly owned Skoonka Creek gold propert…


The base camp at the Corani silver-zinc project in Peru. Bear Creek Mining's geological team lays out drill core for evaluation.

Bear Creek discovery continues to grow

Chacaconiza, Peru — There is no disputing the fact that Bear Creek Mining‘s (BCM-V, BCEKF-O) Corani project represents a major new bulk-tonnage find of silver-lead mineralization,…


Lookout Mountain and previous workings on Staccato Gold Resources' South Eureka property in Nevada.

Staccato cuts South Eureka high-grade

Vancouver — Drilling by Staccato Gold Resources (CAT-V, STCGF-O) on the Lookout area of its South Eureka property, located on the southern end of Nevada’s Battle Mountain-Cortez tr…


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