PNG mines hurt by prolonged drought
Drought in the highlands of Papua New Guinea (PNG) is hampering mine operations there.At the Porgera gold mine, 50% owned by Placer Dome (PDG-N), mill operations were suspended June 1 owing to low wat…
Battle Mountain Gold Inc
STOCK MARKETS — Western investors cool to foreign-oriented juniors — Reward and Taseko among few that manage to buck downward trend
Western markets lost ground again over the report period ended June 17. The Vancouver Stock Exchange dropped 42.73 points to 918.59, whereas Alberta was off 62.58 points at 2,388.22.Gold Canyon Resour…
STOCK MARKET — Resource index takes springtime leap on Vancouver Stock Exchange — Winspear Resources, Jersey Goldfields emerge as most active issues
The Vancouver Stock Exchange pulled out of its nose dive during the report period ended April 22. Although still sliding, the VSE posted its best week in more than a month. The composite index lost 8….
Madison hits high-grade gold
Drilling by Madison Enterprises (mad-v) at its Mt. Kare property in Papua New Guinea has returned high-grade mineralization.A 4.5-metre intersection from hole 5 — part of an 11-hole, 1,663.5-metre di…
Adrian Res. drills Panamanian project
Drilling is planned for the Belencillo property in Panama. Madison Enterprises (VSE) is earning a half interest in the project from Adrian Resources (TSE).The program will include 6-8 holes to test po…