News that Monopros has commenced a bulk-sampling program on the diamondiferous Victor kimberlite pipe in the James Bay Lowlands of northern Ontario is sparking renewed interest in the region.The March…
Still sensing its stock is undervalued, Rouyn, Que.-based Richmont Mines (RIC-T) has renewed a normal course issuer bid on the Toronto Stock Exchange.Richmont, which posted a net loss of $8.2 million,…
A new resource estimate has substantially increased the known tonnage of the Meadowbank gold project in Nunavut.Cumberland Resources (CBD-T) reports that the new resource estimate is based on 383 dril…
Kinross Gold (K-T) has begun a 9,000-metre drill program at the George Lake gold project, 70 km south of Bathurst Inlet in Nunavut.Kinross can earn a 70% interest in the property from Wheaton River Mi…
A 75% reduction in exploration spending, combined with higher operating efficiencies at its two producing mines, helped Eldorado Gold (ELD-T) post a profit of US$5.4 million (or 7 per share) in 1999,…
Less than six months after its US$60-million takeover of Ocean Diamond Mining (ODM), marine diamond miner Namibian Minerals (NMR-T) reports a 30% increase in production from ODM’s operations off the c…
In 1949, production at the Kerr Addison gold mine in Ontario surpassed that of Canada’s largest gold producer, the Hollinger mine, near Timmins, Ont. The mine produced 286,000 oz. worth $10.7 million …
Efforts to rebuild investor confidence after the Bre-X mining scandal drew both praise and criticism from speakers participating in a special forum titled “Rebuilding Investor Confidence: A Report Car…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 28Mar. 27Mar. 24Mar. 23…
Drilling by Ontex Resources (ONT-T) at the Cherbourg property, west of Geraldton, Ont., indicates gold mineralization at depth below some previously known gold zones.Ontex, currently earning a 60% int…
The Dow Jones industrial average edged up 28.77 points, or 0.2%, to 10,936.11 during the report period ended March 28, while the spot price of gold eroded to US$279.20 on the Comex division of the New…
The March 22-28 report period proved to be a volatile one, with the Toronto Stock Exchange 300 index passing the 10,000 mark for the first time ever on March 23 — only to slip to 9,922.85 by the week…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.