Volume 96 Number 35 - Oct 18 - 24, 2010

An old milling facility near the Semna gold deposit in Egypt. It was once operated by the British but is now one of Alexander Nubia's holdings.

The newest play on the Egyptian gold scene

While Centamin Egypt (CEE-T, CEY-L) has become synonymous with modern gold mining in Egypt, another, much smaller player, is looking to steal a bit of its thunder in the land of the pharaohs.


The TSX composite index continued to beef up thanks in large part to its strong ties with the commodities sector. For the Oct. 4-8 period, the index gained 160 points to finish up at 12,535.59.


With rising gold and copper prices contrasting poor U.S. employment data and mixed feelings about more international government stimulus plans, the S&P-TSX Venture composite index continued its up…

U.S. MARKETS -October 4-8

The Dow Jones industrial average climbed 1.63% or 176.8 points to close the Oct. 4-8 trading week at 11,006.48, while the S&P 500 index finished up 1.65% or 18.91 points at 1,165.15. Gold prices c…

Lithium’s future supply, demand

SAN DIEGO, CALIF. — With lithium generating so much interest this year, it’s a great time for an overview of the world’s leading lithium deposits and the various plans to mine them.First off, the global lithium market has two major segments:…

Geologist Nicole Lasanen stands in front of a drill on hole 21 at the Llama Lake Zone at Sabina Gold & Silver's Back River project in southwest Nunavut.

Sabina rises 260% since May

VANCOUVER — With two new gold zones at Back River and two expanding deposits at Hackett River, Sabina Gold & Silver (SBB-T) is having a fantastic 2010, evidenced by a share price that has quadrup…

Chilean miners’ rescue a glorious success

The amazing story of 33 miners rescued from the San Jose copper-gold mine near Copiapo, Chile, captured the hearts of millions around the world since the mine workings around them collapsed on Aug. 5,…

John F. Kearney is the president of the Northwest Territories and Nunavut Chamber of Mines.

Exploration spikes in NWT, Nunavut

The NWT & Nunavut Chamber of Mines notes that mineral exploration in both the Northwest Territories and Nunavut has increased significantly in 2010 compared to last year.

Conference Board of Canada likes BHP bid

The following is an excerpt from the Conference Board of Canada’s report: “Saskatchewan in the spotlight: acquisition of Potash Corp. of Saskatchewan Inc. — risks and opportunities,” which relates to…

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