Europe

True North writes book on ruby valuation

Vancouver — For True North Gems (TGX-V, TNGMF-O), finding gemstones is the easy part. The real challenge is convincing investors in a hot commodity market that rubies and sapphires are a sound commer…






BY TRISH SAYWELLThe old main shaft for hoisting ore from the deeper levels of the mine on veins 2 and 3 during its first run in the mid-1950s.

Colt picks up where the Romans left off

SITE VISIT Penedono, Portugal — On a windswept granite hillside dotted with scrub bushes near this historic town, you can still see marks left by the picks and chisels of…


Crew Gold’s Nalunaq Hits Production High

Crew Gold’s (CRU-T, CRUGF-O) Nalunaq gold mine, in Greenland, has reached a record average daily production rate of 510 tonnes, surpassing the 500-tonne target each day for the entire month of Septemb…


Lundin Maps Out Production Growth

Vancouver — Lundin Mining (LUN-T, LMC-N) has ambitious growth plans for its Neves-Corvo copper-zinc mine in Portugal and at the Zinkgruvan zinc-lead-silver mine in Sweden.


Angus & Ross's Black Angel lead-zinc project in Greenland.

Glacier Zone Looking Bigger for Angus & Ross

The new deposit discovered by Angus & Ross (AGU-L) at the Black Angel zinc-lead mine in western Greenland is now the third-largest zone ever found on the project, following drilling this past summ…


DMS Plant Saves Hudson Cash

The economics of Hudson Resources’ (HUD-V, HUDRF-O) diamond hunt in western Greenland improved last month with the startup of the company’s dense media separation plant.




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