Copper $ 5.6358 / lb 2.72%

Brent Crude Oil $ 104.4 / bbl -4.21%

Palladium $ 1496.5 / ozt 5.39%

Crude Oil $ 101.85 / bbl -3.06%

Natural Gas $ 2.89 / Btu 0.10%

Silver Futures $ 75.495 / ozt 7.47%

Aluminum Futures $ 3314.25 / ton -1.21%

Micro Gold Futures $ 4713.1 / ozt 3.80%

Micro Silver Futures $ 75.48 / ozt 7.54%

Platinum $ 1973.85 / ozt 4.22%

Gold Futures $ 4713.3 / ozt 3.84%

Go to MDC Markets

BIV: Vancouver miner hunting for precious gems in Arctic

MINING.COM Staff Writer | June 1, 2011 | 9:36 pm Diamond

BIV reports:

Forget the precious metals market; a British Columbia company is hoping to cash in on rubies and sapphires in Greenland.

On Wednesday, Vancouver-based True North Gems Inc. (TSX-V:TGX) reported a favourable pre-feasibility study for its Aappaluttoq ruby and pink sapphire project in the Arctic country.

Read the full story here