Miranda looks for a winning ticket
This year marks Miranda Gold’s (MAD-V) most active drill season to date, with partners spending between $5 million and $7 million to test at least seven of the company’s nine joint-venture projects.
Volume 98 Number 14 May 21 - 27, 2012
Market News
TORONTO STOCK EXCHANGE
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, May 15, 2012 Precious MetalsPrice…
Osisko faces delays, output revision at Malartic
Osisko Mining (OSK-T) had a rough start as it kicked off its first full year at the Malartic gold operation near Val-d’Or, Que., with operational setbacks impacting first-quarter performance, coupled with the mill’s temporary…
Seafield shores up Miraflores
Seafield Resources (SFF-V) gave the market something to chew on after releasing a preliminary economic assessment on its Miraflores project in Colombia.
Coeur gets a grip on Kensington
Opening a new mine is seldom a smooth process.
Torex hits open-pit target at Morelos
Toronto-based Torex Gold (TXG-T) is navigating the often tricky waters that mark the transition between being an exploration outfit and a mine developer. With an updated resource estimate kicking off in May and a bankable feasibility study…
Sunridge mine plan merges Asmara North deposits
Vancouver-based junior Sunridge Gold (SGC-V) combined four polymetallic deposits at its Asmara North project in central Eritrea, Africa, into a centralized-mill mine model for a feasibility study it released in early May.
Supplier news
Geotech buys Aeroquest
Editorial: Gold stocks: the new value play?
The game of gold investing never gets dull for investors who get to ponder the delicate interplay of geopolitics, macroeconomics, heavy industry, mineral exploration and fashion trends that give us our ever-changing prices for gold bullion and…
Letter to the Editor: CSR counsellor should be applauded
An editorial in The Northern Miner criticized Canada’s Extractive Sector Corporate Social Responsibility (CSR) counsellor, Marketa Evans, for “shooting another blank” in reference to the office’s second case, involving…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 14 May 11 May 10 May 9 May 8 US$ in C 1.0019 0.9968 1.0017 1.0015 0.9997 …