News

All OK at K2

January opened with a dozen miners’ deaths stemming from a too-little, too-late response to an explosion at the Sago underground coal mine in West Virginia. But the month closed with Canadian miners s…


Winners and losers

— The following is an excerpt from Mining Explained, published by The Northern Miner….


Venture exchange outpaces senior board

The TSX Venture Composite Index closed the Jan. 31-Feb. 6 trading week at 2,606.49, up 58.77 points or 2.3%, continuing its march to new highs on an adjusted basis. Over the past year, the junior inde…


Adastra circles the wagons

Following a day of examination, Adastra Minerals (AAA-T, AAA-L) has again rejected a now formal takeover bid from First Quantum Minerals (FM-T, FQM-L)….


Workers prepare the heap-leach pad at Glencairn Gold's Bellavista gold mine in Costa Rica, now in commercial production.

Bellavista makes it to commercial production

Miramar, Costa Rica — Sometimes, it takes a while. Thirty-five owners and 55 years after the first permits were issued, Glencairn Gold (GGG-T, GLE-X) is now in commercial productio…


Southern Peru, Peabody ten-baggers

With metal prices holding firm over the report period ended Feb. 6, much of the action in mining stocks centred around the stories of individual companies….


Spot Prices Tuesday, February 7, 2006 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $568.25 -1.55
Silver $9.72 -0.19
Platinum<...



Ivanhoe tables latest Oyu Tolgoi reserves

Vancouver — Previous resource calculations on Ivanhoe Mines‘ (IVN-T, IVN-N) planned open-pit deposits at Oyu Tolgoi, in southern Mongolia, have been upgraded to the reserve categor…




A Bradley Brothers drill tests Southwestern Resources' Boka gold project in Yunnan province, China. Results were released from 19 recently drilled holes, with the highlight being Hole 05-148, which returned 2.3 grams gold per tonne over 68.1 metres, from 223.7 metres to 291.8 metres.

Southwestern extends Boka 1 zone

Vancouver — An ongoing drill program by Southwestern Resources (SWG-T, SWGGF-O) has extended the strike length of the Boka 1 gold zone to 1,400 metres and its downdip extension to…


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