Gold-Ore taking control of Bjorkdal
SITE VISIT SKELLEFTEA, SWEDEN — Robert Wasylyshyn is on a safari. As president and COO of Gold-Ore (GOZ-T), he is on the hunt for major cost savings, or what he…
Volume 96 Number 36 - Oct 25 - 31, 2010
Thieves cut production at African Barrick
When African Barrick (ABG-L) listed on the London Stock Exchange in March there was a certain amount of optimism in the air.
Alto jumps on drill results at Coldstream
Drill results released on Oct. 5 from the Coldstream gold project in Ontario buoyed Vancouver-based junior Alto Ventures (ATV-V). Shares of the penny stock ended the day 20% higher at 6¢ on 2.4 m…
Marmato drilling shows promise for Medoro
With the objective of expanding and upgrading the multi-million-ounce gold resource at the Marmato project in Colombia, Medoro Resources (MRS-T) continues to deliver some noteworthy intersections in a…
Capital allocation is No. 1 risk: Ernst & Young
Cost management, consolidation and access to capital dominated Ernst & Young’s annual risk list for mining companies last year but this year it is capital allocation that is creating the most comp…
TORONTO STOCK EXCHANGE -October 11-15
The TSX composite index continued to show strength on the back of strong commodity prices as the index rose 28 points for the holiday-shortened Oct. 12-15 period to finish at 12,609.07 points.
TSX VENTURE EXCHANGE -October 11-15
For the S&P-TSX Venture composite index, the four-day week following Thanksgiving was marked by record trading volumes that continued the board on its 12-week-long ascent. Over Oct. 12-15 the boar…
U.S. MARKETS (October 25, 2010)
U.S. equity markets were largely unruffled during the Oct. 11-15 trading week with the Dow Jones industrial average advancing 56.3 points or 0.5% to finish at 11,062.78 and the S&P 500 index edgin…
Keno Hill’s deposits set to shine again
SITE VISIT KENO, YUKON — The term “world class” gets used and abused in the exploration industry, but without doubt the Keno Hill silver district in the Yukon is world class. And that is a statement based on fact. In 1995 the United States…
Fire River breathes new life into Nixon Fork
SITE VISIT NIXON FORK, ALASKA — There is nothing easy about developing a narrow-veined gold mine in tricky geology, let alone one at a fly-in-only camp in remote Alaska.But bonanza grades, a remarkable amount of existing infrastructure,…
Keegan rising on Esaase results
VANCOUVER — With the price of gold continuing to climb and a 50,000-metre program steadily expanding the gold deposit at its Esaase project in Ghana, Keegan Resources (KGN-T, KGN-X) has seen its shar…
Breakwater, Centerra see end to strike actions (October 25, 2010)
VANCOUVER — Strike action on-opposite sides of the world have ended for Breakwater Resources (BWR-T) and Centerra Gold (CG-T).