Drilling by Aurizon Mines (ARZ-T) at the inactive Casa Berardi mine in northwestern Quebec has cut significant gold values east of known mineralization.The $2-million program, which is testing extensi…
Stream-sediment sampling by the Ontario Geological Survey in the Mattawa-Cobalt corridor has identified significant kimberlite indicator minerals at several sites. The area is believed to host kimberl…
Fresh on the heels of a $5-million financing, Queenston Mining (QMI-T) has closed the purchase of Newmont Mining’s (NEM-N) half-interest in the Kirkland Lake joint venture in Ontario and launched a ne…
The federal government has drafted regulations that seeks to “classify” certain information on materials and chemicals that could be dangerous in the hands of terrorists.The rules will apply to large …
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Base metals prices fell sharply during the report period July 15-19, erasing most of the gains made in aluminum and copper since the rally of late May and early June. However, the LME index of all bas…
The federal government will provide $500,000 over two years to the Montreal-based Asbestos Institute, a non-profit organization that promotes the safe use of chrysotile asbestos.Natural Resources Cana…
Precious MetalsPrice (US$/oz.)ChangeGold$313.60-$4.15Silver$ 4.86-$0.14Platinum$520.00-$…
A pit-wall failure that killed a miner at the Kumtor gold mine in Kyrgyzstan will reduce this year’s production by 200,000 oz., says part-owner Cameco (CCO-T).The rock slide, which happened in early J…
Vancouver — Artificially high power prices brought on by an energy shortage in the U.S. battered the bottom line of Teck Cominco (TEK-T) in the second quarter.The world’s largest zinc miner earned $8…
Gold Funds as at July 18, 2002Dundee Precious MetalsCentral FundNet Value$22.46$6.02Price$17.06$6.75…
Vancouver — With US$8 million in hand from a recently approved credit facility arranged with Standard Bank London, Crew Development (CRU-T) is advancing its Nalunaq gold deposit in southern Greenland…
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