Volume 99 Number 2 Feb 25 - Mar 3, 2013

An adit at Sona Resources' Elizabeth gold project in British Columbia. Source: Sona Resources

Sona gets Chinese help for Blackdome-Elizabeth in BC

Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of B.C., 220 km north of…

Market news: Toronto Stock Exchange

The S&P/TSX Composite Index was off 103 points to 12,686.63 for the period, as market activity unfolded in anticipation of a G20 meeting addressing the emerging theme of “currency wars” — where one country after another…

Market news: TSX Venture Exchange

The S&P/TSX Venture Composite Index lost 1.7%, or 20.16 points, en route to a 1,185.65-point close. Canadian stocks were weighed down by falling commodity prices, and further economic uncertainty in Europe.

Market news: U.S. Markets

The S&P 500 Index rose for the seventh straight week with a small gain of 0.12% to 1,519.79. The last time the index enjoyed a seven-week run was between December 2010 and January 2011. The other indexes didn’t fare as well, however,…

Ruben Aguilaro, who will be managing underground operations at Inca One's Corizona gold project, pans for gold while taking visitors on project tour. Source: Inca One Resources

Inca One helps artisanal miners – and itself

VANCOUVER — Artisanal mining has long been a part of Peru, but in the past 30 years, increasing numbers of people have turned to the rocks of their native land for income. Hundreds of thousands of rural Peruvians now scratch out a living…

A driller loads a rod at Orko Silver's La Preciosa silver-gold project in Durango state, Mexico. Photo by Ben Whiting.

Coeur outbids First Majestic for Orko

Coeur d’Alene Mines (CDM-T, CDE-N) has trumped First Majestic Silver (FR-T, AG-N) in a contest to acquire Orko Silver (OK-V) for its coveted La Preciosa project, ranked as one of the world’s largest undeveloped silver deposits.

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