Volume 96 Number 19 - Jun 28 - Jul 4, 2010

Robert Guanzon, CFO of Fire River Gold, inspects steel balls used in the ball mill at the Nixon Fork gold mine near McGrath, Alaska, during a site visit.

Fire River rises on drill results

VANCOUVER — Fire River Gold (FAU-V) has found numerous bonanza- grade gold intercepts even before starting a drill campaign at its Nixon Fork gold mine near Mc- Grath, Alaska.


The TSX composite index finished the June 14-18 period higher as gold rose to record highs and the situation in Europe continued to brighten.


The S&P/TSX Venture composite index almost managed to gain every day over the June 14-18 period, ending the week up 27.8 points at 1,488.18. Daily trading volumes returned to stronger levels, aver…

U.S. MARKETS -June 14-18

Maintaining its safe haven status, gold prices rose to new highs over the June 14-18 trading period due to ongoing concerns over sovereign debt levels in Europe and the potential for further instabili…

MBAC plans to mine phosphate in Brazil

Brazil has a fertilizer problem and a company called MBAC Fertilizer (MBC-T) is looking to capitalize on it by transforming a small phosphate mine, in a growing agricultural region of central Brazil, into a sizeable value-added operation by…

The headframe at Aurizon Mines' Casa Berardi gold project in Quebec.

Aurizon reads between Casa Berardi mines

VANCOUVER — With two underground gold deposits actively being mined at the Casa Berardi project in northwestern Quebec, Aurizon Mines (ARZ-T, ARK-N) recently completed a drill program to better under…

World Gold Council

The following is the world official gold holdings as of June 20, according to the World Gold Council (WGC). Statistics show European central banks sold little gold over the past quarter of the year be…

South American Silver, whose Malku Khota deposit (above) hosts 81 million tonnes at 43 grams silver and 6.7 grams indium, is one of several companies active in Bolivia.

Time for a second look at Bolivia

LA PAZ, BOLIVIA — With national elections out of the way here and a spate of local polls completed and showing something of a setback for the populist Movement Towards Socialism (MAS) government, the political dust is settling in Bolivia and…

Labour problems dog Gammon at El Cubo

One year after a six-week strike shut down Gammon Gold’s (GAM-T, GRS-N) El Cubo gold-silver mine in Mexico, a second wave of labour unrest has now forced management to put the mine on care and mainten…

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