The cry “There’s gold in them thar hills” may be a cliche, but it sums up the feeling in the Botwood Basin area of central Newfoundland, where a staking rush is under way. Most of it is gold-centred.T…
Precious MetalsPrice (US$/oz.)ChangeGold$318.25+$10.75Silver$ 4.82+$0.22Platinum$541.00+…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 21 (change from May 14 in brackets):MetalStock(tonnes)ChangeAluminium1145650(+140…
ExchgVal($000s)HighLowCloseChangeAurado ExplT101820.420.230.39+0.18…
Ashton Mining of Canada (ACA-T) has intersected a new kimberlite body on the Kikerk Lake property in the north Slave Craton region of Nunavut while drill-testing a geophysical feature just 700 metres …
Short positions outstanding at May 15, 2002Larger individual positions includeAber Diamond 362,698 up 163,201; Agnico-Eagle 5,097,435 up 79,022; Alcan 1,219,027 up 307,302; Aurad…
Vancouver — The S&P/TSX Venture Index jumped 43.19 points, or 3.7%, to close the week ended May 21 at 1202.41 points.New Bullet Group was the week’s volume leader, with 2.7 million shares crossing th…
Vancouver — Ivanhoe Mines (IVN-T) has tabled encouraging drill results from the Central zone at its wholly owned Turquoise Hill (Oyu Tolgoi) gold-copper project in southern Mongolia.Seven holes drill…
Struggling junior gold miner Geomaque Explorations (GEO-T) has released its year-end financial results, and they aren’t pretty.The net loss for the year ended Dec. 31, 2001, was US$10.5 million (US17…
Meridian Gold (MNG-T) is gearing up for its first round of exploration drilling at the Machacala gold-silver property in Peru, held by Montreal-based junior Gold Hawk Resources (CGK-V).As operator, Me…
According to the critics of Bre-X’s gold project in Kalimantan, Indonesia, the warning signs, or “red flags,” were numerous and obvious and should have alerted those involved that the gold mineralizat…
Vancouver — After a decade of false starts, mineral exploration is finally gaining some traction in Mongolia.A vast highland country, Mongolia is land-locked between Russia to the north and China to …
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