Volume 99 Number 18 Jun 17 - 23, 2013

A man studies drill core at Aureus Mining's New Liberty project in Liberia. Source: Aureus Mining

Aureus takes a fresh look at New Liberty

Aureus Mining (AUE-T, AUE-L) has updated a definitive feasibility study for its fully permitted New Liberty gold project in northwestern Liberia, confirming promising economics for what could become the country’s first commercial…

Drilling equipment at Vista Gold's  Mt Todd project in Australia. Source: Vista Gold

New study gives Vista more options at Mt. Todd

VANCOUVER — Mt. Todd, the largest undeveloped gold project in Australia, took a big step towards production with a prefeasibility study that gives owner Vista Gold (VGZ-T, VGZ-N) a choice: the company can either spend a billion dollars to…

An aerial shot of Touchstone's camp at the Segovia gold project in north-western Colombia.

Touchstone looks to score in Colombia

MEDELLÍN, COLOMBIA — Junior  explorer Touchstone Gold (TCH-T, TGL-L) believes its Segovia high-grade gold project in northwestern Colombia is one of the more exciting mining stories coming out of the country, which over the…

U.S. markets, June 3-7

Markets rallied mainly on statistics from the U.S. Labor Department showing 175,000 jobs were added in May, up from 149,000 in April. The Dow Jones Industrial Average inched up 0.88% to 15,248.12, while the S&P 500 Index rose 0.78% to…

TSX Venture Exchange, June 3-7

Mixed global economic data caught up with S&P/TSX Venture Composite Index during the trading period, with the exchange dropping 1.14%, or 11 points, en route to a 951.40-point weekly close. Unexpectedly strong job numbers in Canada were…

An engineer poses on a suspension bridge at the San Dimas mine. Source: Primero Mining

Primero extends veins at San Dimas

While challenging market conditions have forced many companies to trim exploration programs this year, Primero Mining Corp. (P-T, PPP-N), which held US$141.2 million in cash as of Mar. 31, plans to spend $15 million on diamond…

Fortune favours a bold Fortuna Silver

Earlier this year Fortuna Silver Mines (FVI-T, FSM-N) bought a 55% stake in the Taviche Oeste concession surrounding its San Jose silver mine in Oaxaca, Mexico, from Pan American Silver (PAA-T, PAAS-Q) for US$4 million, with an option to pick…

New Millennium keeps growing

With another 7.6 billion tonnes of iron ore resource coming from its Howells River North and Howells Lake properties in Labrador, New Millennium Iron (NML-T) counts itself as one of the world’s largest iron ore resource holders.

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