SMC Resources, an Australian gold producer, has agreed to issue 31.5 million of its shares to Western Pacific Gold (WPI-A) in return for the junior’s land package in the Solomon Islands.Though still s…
The war in the Democratic Republic of Congo has forced Tenke Mining (TNK-T) to suspend payments on the the huge Tenke-Fungurume copper project in Katanga province.To maintain its 55% interest in the p…
At a special meeting scheduled for March 22, shareholders of Redaurum (RRK-T) will be asked to approve a business combination with Remick Investments and a 1-for-40 share consolidation.Shareholders ha…
A pro-mining policy, combined with attractive geology and enticing new discoveries, is allowing Quebec to maintain high levels of exploration spending, despite an industry downturn that has slowed exp…
Richmont Mines (RIC-T) is writing its year-end story in black ink for the seventh time in a row.The Montreal-based gold producer earned a profit of $3.9 million (or 25 cents a share) on revenue of $47…
With a new mine in production and bright profit pictures despite bad times for gold, Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have declared dividends, making an unbroken 11 years of d…
With two-thirds of the 1999 winter drill program now complete, Ashton Mining of Canada (ACA-T) reports it has discovered five new kimberlites in the Buffalo Hills region of north-central Alberta.Initi…
De Beers Consolidated Mines (DBRS-Q), through Swiss-based De Beers Centenary, has reached an agreement-in-principle with BHP Diamonds to buy 35% of run-of-mine production from the Ekati diamond mine i…
Drilling by Moss Resources (MRS-T) will test a newly outlined polymetallic showing at the Duval-Boudreault property near Val d’Or, Que. The program, scheduled to begin in late March, will also test ne…
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin, include the following:Etruscan Resources (EET-T) — Glenn Holmes, officer, disposed of 300,000 op…
Without a doubt, the most important step in deposit resource estimation is formulating a well-constrained geological model for the orebody, its shape and the structure and stratigraphy that controls i…
Precious MetalsPrice (US)ChangeGold$291.50+$4.85Silver$ 5.24-$0.11…
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