Investors who had been turned on by diamonds in recent years continued to “tune out and drop out” in droves this past week, as it became more apparent that finding an economic diamond pipe is no easy …
Cons. Ramrod Gold — 770,000 shs and 770,000 non-transferrable sh purchase wts issuable upon the exercise of 770,000 special wts @ $5.00 per special wt. Lyon Lake Mines — 7.1 million units, with each…
The contract for the first-phase optimization study of Newmont Gold’s (NYSE) Batu Hijau copper-gold project in Indonesia was awarded to Flour Daniel. The study will determine the best way to develop, …
In many jurisdictions, governments are continuing to interfere in commercial trade activities. And while the consequences are not expected to be serious in the long term, metal prices will likely be a…
Control of the owner of the last producing tin mine in Cornwall, England, is passing to Crew Natural Resources (VSE). To acquire a 60% interest in South Crofty, Crew participated in a share offering b…
Forty-six companies in British Columbia will receive grants totaling $2.2 million from the province’s Mineral Exploration Incentive Program (MEIP). Applications for 201 projects were received during t…
A rights offering has been made to Nuinsco Resources (TSE) shareholders residing in Ontario, Quebec, British Columbia and Alberta. Deak International Resources Holdings, which holds 8.4 million Nuinsc…
Further testing of a process to recover magnesium from asbestos tailings in the Thetford Mines area of Quebec will be pursued by Noranda Minerals. Construction of a $25-million pilot plant will start …
Drill results from the Paredones Amarillos gold property in Baja California Sur, Mexico, are proving encouraging for Baja Gold (TSE) and Echo Bay Mines (TSE). The latter can earn a 51% interest in the…
Spot closing prices in $US per tonne Date August 23 August 22 August 19 August 18 August 17 Copper 2370-2371 2374.5-2375.5 2391-2392 2411-2412 2399.5-2401.5 Lead 565.5-566.5 564-565 563-565 574.5-575….
A 50,000-ft. drill program has begun at Trillion Resources’ (TSE) 50%-owned Jena Mines complex in Zimbabwe. The objective is to develop new gold reserves on strike with the currently producing Stump, …
Drilling is under way on a new zone of gold mineralization at the Damoti Lake property north of Yellowknife, N.W.T. Consolidated Ramrod Gold (TSE) holds a 40% interest in the property and is earning a…
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