Vancouver — A 14-hole drill program by Aquiline Resources (AQI-V) has enhanced the economic potential of the Calcatreu gold project in Patagonia, Argentina.The 1,275-metre program, which included 10 …
Cumberland Resources (CBD-T) plans to raise up to $25 million by selling 7 million units and 1 million flow-through shares, with proceeds earmarked for the Meadowbank gold project in Nunavut.Under a b…
Nineteen people died in South African mine accidents in June, two others were disabled, and 334 more were injured, according to the Department of Minerals and Energy.The June figures compare with 21 d…
Workplace Standards, an Australian government body designed to protect workers, has ordered a Tasmanian mine contractor to cut back on its work week at the Mt. Lyell copper mine on Tasmania’s west coa…
Australian Magnesium Corp. (AMC) and U.S. car giant Ford Motor Co. have scrapped a A$2-billion magnesium supply agreement.The agreement called for AMC to supply Ford with half the output from the part…
Barrick Gold (ABX-T) is shuffling management at its Bulyanhulu gold mine in Tanzania in an attempt to cut costs and improve performance.Ren Marion, previously the company’s head of business evaluatio…
Precious MetalsPrice (US$/oz.)ChangeGold$343.00-2.45Silver$4.67-0.07Platinum$685.00+20.00…
Antimony: Mid-mkt US$2,380/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$10.15-11.00/lb.Copper: Comex Sept. US$0.794/lb.Indium: Indium Corp., ingot, US$140/kg.Irid…
DateJuly 15July 14July 11July 10July 9HighLowTSX Composite7116.087115.987077.567071.54…
Roger Warren, the man convicted of murder after an explosion at the Giant gold mine in Yellowknife, N.W.T., killed nine people in 1992, has admitted he acted alone and did not intend to kill anyone.Wa…
Junior Rubicon Minerals (RMX-V) has renewed drilling at the Rivard property in Ontario’s Red Lake camp.The 7,500-ft. program follows a first phase, completed earlier this year, which produced a best r…
Two U.S.-based law firms have launched a class-action suit against Barrick Gold (ABX-T) for allegedly misleading investors by forecasting higher earnings than the company delivered last year.Barrick, …
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