Volume 99 Number 39 Nov 11 - 17, 2013

Polyus hit by lower gold prices

Even the Russians are feeling the bite of a bitter gold market. The country’s biggest gold producer Polyus Gold (LSE: POLG; US-OTC: OPYGY) reported that revenues were off 9% for the quarter, compared to the same period last year.

Drillers at Unigold's Neita gold property in the Dominican Republic. Credit: Unigold

Neita looks good for Unigold

Unigold (TSXV: UGD; US-OTC: UGDIF) may have more on its hands with its Neita property in the Dominican Republic than first believed.

U.S. markets, Oct. 28 – Nov. 1

U.S. markets gained momentum during the trading week as investors assessed corporate earnings. The Dow Jones Industrial Average advanced 45 points to 15,615.55. The broader S&P 500 Index edged up nearly 2 points to 1,761.64. The Nasdaq…

TSX Venture Exchange, Oct. 28 – Nov. 1

The S&P/TSX Venture Composite Index took a breather during the trading sessions after posting big gains over the past three weeks, with falling commodity prices contributing to decrease of 1.9%, or 18.25 points, en route to a 955.33-point…

Capstone Mining's Minto copper-gold-silver mine in the central Yukon. Tailings are being deposited in the main pit and mining has moved to the Area 2 pit and the new underground operation. Photo by Gwen Preston.

Capstone’s Minto keeps on growing

MINTO LANDING, YUKON — When the Minto mine started up in 2007 it was an open-pit copper-gold-silver operation with a projected four-year mine life and a 1,600-tonne-per-day throughput. But Sherwood Copper knew the potential at Minto was…

The camp at Brixton Metals' Thorn polymetallic project in northwest British Columbia. Source: Brixton Metals

Brixton poised to solve geological puzzle at Thorn

ATLIN, B.C. — It’s been a tough time for juniors trying to fund grassroots exploration, but it helps when high-profile investors take notice and decide to support a project. And that’s been the case for…

Commentary: The bear is losing its bite

We are only just entering the fourth quarter, though for anyone involved in the mining industry it has been a very long year already, as is reflected in the results of the Mining Recruitment Group’s Executive Q4 2013 Survey. This latest…

A group of investors, brokers and analysts tour the main zone at Nemaska Lithium's Whabouchi lithium project, located 300 km northwest of Chibougamau, Quebec. Credit: Nemaska Lithium.

Nemaska has a patented edge at Whabouchi

Nemaska Lithium’s (TSXV: NMX; US-OTC: NMKEF) Whabouchi deposit has always had the grade, but now it’s looking to marry nature’s gift with a patented extraction process that could offer a market advantage.

Project geologist Joe Currie and Kaminak Gold president and CEO Eira Thomas stand beside a Supremo zone trench at the Coffee gold project in western Yukon, 130 km south of Dawson City. Photo by Gwen Preston.

Kaminak’s Coffee takes shape

DAWSON CITY, YUKON — Three years ago, the first hole drilled into Kaminak Gold’s (TSXV: KAM; US-OTC: KMKGF) Coffee project returned 17.1 grams gold per tonne over 15 metres. Two months later a slew of solid drill results had defined…

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