2011

Venture closes down in April 25-29 period

Vancouver – The S&P TSX Venture Exchange had a mixed week but ultimately ended down 29.5 points at 2,252.14 points in the April 25 to 29 period. Volume was down significantly from the period before, dropping 60 million trades a day to an…




U.S. markets were up, Apr. 25-29

The Dow Jones Industrial Average rose 304.55 points or 2.44% to close at 12,810.54, while the S&P 500 index advanced 26.23 points or 1.96% to finish at 1,363.61. The Philadelphia Gold and Silver Index fell 3.57 points or 1.58% to 222.22,…






An aerial view of the facilities from past production at Themac Resources Group's Copper Flat project in New Mexico. Photo by Themac Resources Group

Aussie rich-lister likes New Mexico copper deal

Having spent the last two decades making a A$338-million fortune providing accommodation to mining companies, Australia’s Kevin Maloney has now decided to try his hand at mining himself. In March, he invested $10.2 million in Vancouver-based…



Greystar shuffles management

After being forced back to the drawing board in March in the face of major environmental opposition to its proposed heap-leach open-pit Angostura gold mine in Colombia, Vancouver-based Greystar Resources (GSL-T, GSL-L) has agreed to change its…


From right: Kaminak Gold geologist Joe Currie; vice-president of exploration Tim Smith; geologist Alan Wainwright; with staff at the Coffee gold project in the Yukon. Photo by Kaminak Gold

Kaminak starts $15M Yukon drill program

After one of the most successful initial drill programs in the Yukon last year, Kaminak Gold (KAM-V) is back with plans to drill up to 45,000 metres in 2011 on its 100%-owned Coffee gold project in the White Gold district.


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