Nickel and copper prices have improved, but Inco (TSE) continues to spill red ink. The company reported a second-quarter net loss of US$7.6 million, compared with a net loss of US$2.2 million for the …
Two mining companies are at odds over a court ruling dealing with property rights in Venezuela. Gold Reserve (TSE) of Spokane, Wash., says TVX Gold (TSE) was incorrect in announcing that a ruling in f…
The United Nations General Assembly has passed a resolution regulating seabed mining, paving the way for ratification of the landmark UN treaty on the Law of the Sea, which has languished for years. T…
The drama surrounding Royal Oak Mines’ (TSE) takeover bid for Lac Minerals (TSE) is overshadowing the startup of the Colomac gold mine 137 miles north of Yellowknife, N.W.T. Royal Oak expects to produ…
Exploration activity in the Lac de Gras region of the Northwest Territories is resulting in more kimberlite discoveries. The latest is the Nicholas Bay kimberlite, discovered last April on the Aylmer …
Investors in International Platinum (TSE) continue to await the results of an independent evaluation of its Black Rock project in Arizona. According to David Powell of IPC’s investor relations office,…
Diamonds, diamonds and more diamonds are the reason trading activity is holding relatively steady on western markets, and holding off the expected summer doldrums. Some downward pressure on gold stock…
Gold Funds as of Aug 1 BGR Central Net Value $17.56 $6.85 Price $15.63 $7.375 Premium 7.7% Discount 11.02 Value $142,665,000 $133,482,338…
The bidding race for the takeover of Lac Minerals (TSE) has grown more crowded with the public inclusion of TVX Gold (TSE) and Kinross Gold (TSE). The two gold producers made public, near the end of J…
Reverse circulation drilling on the Slaven South property in Nevada has intersected additional gold mineralization. Partners Uranerz U.S.A. and Takla Star Resources (ASE) are carrying out a 4,005-ft. …
Texas Dome Resource (TXD:VSE) has changed its name to Microkey Communication Systems on a share-for-share basis.
A polymetallic sulphide deposit has been uncovered in southeastern Yukon about 200 km northwest of Watson Lake, Cominco (TSE) reports. To date, 20 of 27 drill holes have intersected massive base metal…
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