Volume 99 Number 16 Jun 3 - 9, 2013

Partners prove up copper potential at Pyramid project

VANCOUVER — It took less than three years and only 30 holes for Full Metal Minerals (FMM-V) and Antofagasta (ANTO-L) to define a resource at their Pyramid project in Alaska that contains more than 1.3 billion lb. copper, as well as…

Lucara sells diamonds for $25M

Lucara Diamond (LUC-T) has raked in more revenue than expected from its first special diamond sale for its Karowe diamond mine in Botswana.

Kootenay adds gold to Promontorio resource

VANCOUVER — Kootenay Silver (KTN-V) always knew there was gold alongside the silver at its flagship Promontorio project in Sonora, Mexico, but without proof the gold was economically recoverable, the company had to exclude the yellow…

A man studies drill core at Solvista Gold's Caramanta project in Colombia. Source: Solvista Gold

Solvista rises on long gold-copper intercept at Caramanta

VANCOUVER — The intercept returned a great set of numbers: 457 metres averaging 1.01 grams gold per tonne, 0.21% copper and 2.3 grams silver per tonne, starting at surface. For the team at Solvista Gold (SVV-V), however, the real buzz…

U.S. markets, May 20-24

For the first week since mid-April, U.S. stock indexes were dragged lower — driven down by worries that the Federal Reserve is planning to taper off its stimulus program and nagging concerns about growth in China. The Dow Jones…

TSX Venture Exchange, May 20-24

The S&P/TSX Venture Composite Index inched upwards in the four-day week following the Victoria Day long weekend, adding 13.64 points, or 1.5%, to end at 948.32. Trading volumes for the period were down, averaging 53.5 million trades per…

Nevsun optimistic about new zone near Bisha

VANCOUVER — Drills probing the Northwest zone, a satellite zone 1.2 km from Nevsun Resources’ (NSU-T, NSU-N) operating Bisha gold mine in Eritrea, are finding high-grade gold, copper and zinc — just not all in the same place.

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