I read your articles about the new rules trying to protect investors from scams such as Bre-X Minerals and Delgratia Mining and was extremely surprised to find no reference of possible punishments.It …
The National Association of Securities Dealers (NASD) and the American Stock Exchange (Amex) are teaming up.Amex’s membership voted 622 to 206 in favor of joining the NASD family of companies. The com…
Placer Dome (PDG-T) intends to take over junior Lassie Red Lake Gold Mines (LRLG-C) by increasing its ownership to 100% from the current 47.3%.Lassie owns five gold exploration claims adjacent to Plac…
Gold projects in the former Soviet Union rarely deliver their riches to western companies without some associated heartache, but mining analyst Michael Jones of T. Hoare & Co. believes that Nelson Gol…
The Dow Jones Industrial average climbed above the 9,000 mark during the holiday-shortened report period of July 2-7. The Dow gained 87.68 points (or 1%) to close at 9,085.04.There were no fireworks a…
The Vancouver Stock Exchange composite index shed 4.21 points, or 0.8% of its value, during the July 2-7 report period, closing at 527.99. The mining index finished at 384.87, down 4.89 points, or 1.3…
Teck (TEK-T) has agreed to option Minco Mining and Metals’ (MMM-V) 80%-owned polymetallic White Silver Mountain property in China’s Gansu province.In order to earn 70% of Minco’s interest, Teck is req…
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Privately owned Jipangu will pay $2 million for a 35% interest in the Blackdome gold mine, near Clinton, B.C. The Tokyo-based firm can increase this to 50% by spending an additional $1 million before …
A long-term approach to doing business in Indonesia is paying off for gold major Newmont Mining (NEM-N), which has one mine in the Southeast Asian country up and running and a second scheduled to come…
Based on a recently completed evaluation study, Weda Bay Minerals (WDA-A) has resolved to proceed with development of its nickel-cobalt property on the Indonesian island of Halmahera.The project, in w…
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