News

Spot Prices Courtesy of Scotiabank Tuesday, Feb. 28, 2006

Precious Metals Price (US$/oz.) Change
Gold $556.50 +3.10
Silver $9.70 +0.21
Platinum<...






Glass Earth's vice-president of exploration and COO, Simon Henderson (left), shows details of an airborne surveying program to the head of Geology Department head of Auckland University, Jeff Mauk.

Glass Earth scoops up New Zealand prospects

Perth, Western Australia — Glass Earth (GEL-V) will this year test its claim that New Zealand, compared to other epithermal gold regions in the world, is grossly underexplored….



Staff from Virginia Gold Mines examine core from the lonore project in the James Bay region of north-central Quebec.

Juniors smitten by lonore

Spurred by Goldcorp‘s (G-T, GG-N) recent vote of confidence, exploration is heating up around Virginia Gold Mines‘ (VIA-T) lonore gold discovery in the James Bay re…


Hugo Rafael Chavez Frias, president of Venezuela, delivers a speech at the 60th General Assembly of the United Nations in New York City, N.Y.

Miners play the waiting game in Venezuela

Lima, Peru — Venezuela’s firebrand president Hugo Chavez is not one to mince his words. “Don’t mess with me, girl!” he told U.S. Secretary of State Condoleeza Rice this month after the American gover…



Drilling at Barrick Gold's Pascua-Lama gold project in the Andes.

Barrick’s rocky road to El Dorado

Santiago, Chile — It looks increasingly likely that Barrick Gold (ABX-T, ABX-N) will be able to build its controversial Pascua-Lama mine high in the Andes mountains, but the project’…


The first gold pour at Teck Cominco and Sumitomo's Pogo gold mine near Fairbanks, Alaska. Pogo is expected to produce 400,000 to 500,000 oz. gold per year for at least a decade, with an average operating cost of US$140 per oz.

A tale of three Alaskan mines

Anchorage, Alaska — Alaska is twice the size of Texas, occupies one-fifth of the land mass of the United States, and has a population of 627,000 — roughly one person per square mile — and almost ha…


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