Volume 99 Number 20 Jul 1 - 7, 2013

Corvus bumps up economics at North Bullfrog

An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.  

Drilling equipment at PMI Gold's Obatan gold project. Source: PMI Gold

PMI Gold finds new prospect at Obotan

PMI Gold’s (PMV-T, PVM-A) flagship Obotan gold project — which already includes four known deposits in Ghana’s Asankrangwan gold belt (Nkran, Adubiaso, Abore and Asudai) and could produce gold as early as the second half of…

Ned Goodman’s rebellion won’t take Formation

VANCOUVER — Shareholders and a Supreme Court judge stymied an attempt by 17% shareholder Dundee (DC-T) to install new management and block an asset sale at Formation Metals (FCO-T), after a disagreement over how the cobalt-focused company…

U.S. markets, June 17-21

U.S. equities were hammered following comments mid-week from U.S. Federal Reserve Chairman Ben Bernanke that the central bank would scale back its quantitative easing program later this year. At a press conference Bernanke said he expects asset…

Toronto Stock Exchange, June 17-21

The strong run that equity markets had been enjoying for much of the year came to an end during the period, and the S&P/TSX Composite Index did not escape the global market trend. The index was off 255 points to 11,955.66 points for the…

Lucara’s Karowe diamond mine keeps giving

Lucara Diamond (LUC-T) is one of the few junior diamond producers excelling in the turbulent markets, as it discovers more large stones at its 100%-owned Karowe diamond mine in Botswana, including a 239-carat stone, which recently sold for…

Recently built surface infrastructure at North American Palladium's Lac des Iles palladium mine near Thunder Bay, Ontario. Source: North American Palladium

NAP raises funds for Lac des Iles

North American Palladium (PDL-T, PAL-N), or NAP, secured some much-needed cash to keep expanding its Lac des Iles (LDI) primary palladium mine near Thunder Bay, Ont. 

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