2011

Continental finds more gold deep down at Buritica

Deep drilling at Continental Gold’s (CNL-T) Buritica project in Antioquia, Colombia show that high grade mineralization runs deeper than previously known…which could well lead to many more ounces finding their way into the projects next…


Cap-Ex’s iron ore discovery grabs market’s attention

Vancouver – Just two short months ago, Cap-Ex Ventures (CEV-V) was the smallest explorer by market cap looking for iron ore in Eastern Canada’s Labrador Trough. But as the first assays from the company’s main Block 103 iron ore property near…


The Coffee’s hot at Kaminak

The deepest hole ever drilled into Kaminak Gold’s (KAM-V) early stage exploration Coffee property in the Yukon has intersected high-grade gold zones in the Latte zone.


Champion scales up Fire Lake North

Vancouver – Champion Minerals (CHM-T) has released an updated preliminary economic assessment on its 82.5%-owned Fire Lake North project that significantly increases the net present value and resource size.




Mining lease rejected for Reko Diq

London-based Antofagasta (ANTO-L, ANFGY-O) has confirmed that the government of Pakistan’s Balochistan province has rejected a mining lease application for the massive Reko Diq copper-gold project submitted by a subsidiary of its joint-venture…


Guyana is open for business

Guyana has issued its first large-scale mining licence in the gold sector since 1991–giving Guyana Goldfields (GUY-T) the permission it needs to build and operate its Aurora project.



U.S. equities post worst week in eight

U.S. stocks posted their worst week in two months with the Dow Jones Industrial Average dropping 2.94% or 357.52 points to 11,796.16, and the S&P 500 index down 3.8% or 48.2 points to 1,215.65. The Nasdaq Composite was down 106.25 points or…


TSX drops during the Nov.14-18 week

The Nov.14-18 trading period saw the S&P/TSX Composite Index shed 384.41 points to 11,892.44. Similarly the Global Gold Index dropped 28.96 points to 401.17 as the price of gold sank US$63.70 per oz. to US$1,724.80. Following the downward…


Molycorp president and CEO Mark Smith at the Mountain Pass rare earth element mine in southeastern California. Photo by Trish Saywell.

Molycorp: A Made-in-America solution

In late October Molycorp (MCP-N) bused journalists from Fortune, Wired, Mother Jones and The Northern Miner, among others, down Interstate 15 from Las Vegas to meet president and chief executive Mark Smith and tour the company’s Mountain Pass…


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