Aussies eye City Res., plan Cinola review
An Australian group interested in acquiring City Resources Canada (TSE) plans to review the feasibility study for the Cinola gold project on British Columbia’s Queen Charlotte Islands. The group of mi…
An Australian group interested in acquiring City Resources Canada (TSE) plans to review the feasibility study for the Cinola gold project on British Columbia’s Queen Charlotte Islands. The group of mi…
The continual erosion in the price of copper is taking its toll on Gibraltar Mines (TSE). The company reported a loss of $6.2 million in the first nine months of the year and a loss of $3.2 million in…
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 9 Nov. 8 Nov. 5 Nov. 4 Nov. 3 Copper 1637-1638 1641-1642 1653-1654 1627-1628 1620-1621 Lead 398-399 395-396 399-400 393-394 392-393…
Faced with a financing deadline, Westward Explorations (VSE) will sell its 20% interest in the Preview Lake gold project in Saskatchewan. Cameco and Uranerz Exploration and Mining, which hold 50% and …
A positive pre-feasibility study of the Aldebaran property in Chile has prompted Arizona Star (VSE) to proceed toward completion of a final study. Arizona Star is earning a 51% interest in the propert…
Hemlo Gold Mines (TSE) has drilled 0.5 oz. gold per ton over 12.5 ft. on the White River project near Ontario’s Hemlo camp. The company is earning a half interest in the project. Partners Akiko Gold R…
Canada’s aboriginal people are sometimes accused of being anti-development. But nothing could be further from the truth, according to Paul Quassa, president of Nunavut Tunngavik, a corporation compose…
Officials of Placer Dome (TSE) are seriously considering extending the life of the Campbell gold mine in Balmerton, Ont. The estimated price tag: $40 million. “We are assessing various options for dev…
A 10-hole, 2,163-metre program has wound down at the Big Duck gold property near Schreiber, Ont., reports operator Metall Mining (TSE). Two holes were completed on the Coco-Estelle zone, which is west…
The wheels are in motion for a merger between Hecla Mining (NYSE) and Equinox Resources (TSE). The agreement-in-principle, initiated by Hecla, calls for Equinox shareholders to receive 0.3 Hecla commo…
Partners Mink Resources (VSE) and Viceroy Resources (TSE) are expanding their exploration program in West Africa. The joint venture will now explore a property owned by the Bureau de Recherches Geolog…
Toronto-listed Athabaska Gold Resources has reported new drill results from the Damoti Lake property, and again the values are mixed. Assays from Hole D-15, drilled to test the east band of iron forma…
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