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…
Newly listed Falconbridge (TSE) has reported a profit of $2 million for the second quarter — its first results since a $1.3-billion public offering about a month ago. The company is attempting to sla…
Drilling by a 55%-owned affiliate of Pegasus Gold (TSE) has boosted the reserve estimate at the Mt. Todd gold mine near Darwin in Australia’s Northern Territory. Proven and probable reserves now stand…
A private placement of 107,360 units at $1 each has been negotiated by Jarvis Resources (VSE). A unit consists of one common share and one non-transferable warrant entitling the holder to buy an addit…
Japan-based Sumitomo Metal Mining and Phelps Dodge (NYSE) will jointly enlarge, by 40%, a copper mining venture in Arizona. The total investment will be US$200 million, with Sumitomo holding 15% and P…
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