2009



Agnico-Eagle Mines' Meadowbank gold project in Nunavut.

Yellow Metal Has Big Companies Flocking To Nunavut

Nunavut celebrates its 10th anniversary in 2009. In recent years, the territory has seen a steady investment in its exploration and mining sector. Exploration and deposit appraisal spending in 2007 re…




Lending Rates (March 02, 2009)

as of 9 a. m. ET. Feb. 24, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …


Getting To The Ring Of Fire

Despite the industry slump, exploration in the McFaulds Lake area of northern Ontario continues apace as Noront Resources (NOT-V, NOSOF-O) and other explorers drill off deposits they hope will add up …



Canadian Gold Mutual Funds (March 02, 2009)

Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir Go…


Drilling at Silver Spruce Resources' Centauro gold-silver project, in northern Mexico's Chihuahua state. After reporting bonanza silver grades last year from Centauro, check-assays determined that decaying silver solder in drill bits was contaminating some of the company's drill results.

Silver Spruce And The ‘Silver Bonanza’ Puzzle

Silver Spruce Resources (SSE-V, SSEBF-O) has learned through experience in Mexico that silver solder is routinely used in diamond drill bits and that destruction of these bits, especially if water cir…


Hall Stewart, Nayarit Gold's vice-president exploration (second from right), explains to visitors Trey Wasser (to his left) and Mickey Fulp (to his right) the geology of the Del Norte/Animas target at the company's Orion property, about 110 km north of Tepic, Mexico. Wolverton Capital Markets analyst Mike Starogiannis (left) takes a closer look at drilling.

Nayarit Hunts High Grade At Orion

SITE VISIT ANIMAS, MEXICO — Nayarit Gold’s (NYG-V, NYRTF-O) vice-president of exploration, Hall Stewart, would love to go chasing veins on the company’s 1,120-sq.-km Orion property in Mexico. “The district…


Exchange Rates (March 02, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 23 Feb. 20 Feb. 19 Feb. 18 Feb. 17 US$ in C$ 1.2512 1.2541 1.2595 1.2596 1.2601 C$ in US$ 0.7992 0.7974 0.7940 0.7939 0…


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