If you ask the chief executive of a large Canadian mining company what business he is in, he is likely to give you a funny look before replying, “Why, the mining business, of course.” If you ask him t…
George Scott and Robert Barbero appointed directors succeeding Arthur Clemiss and John Ivany who resigned.
Drilling on the Illinois Creek project in the western interior of Alaska is returning wide intersections of gold mineralization. The property is owned by Vinta Exploration (VSE) which recently complet…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 16 October 15 October 12 October 11 October 10 Copper 1341-1343 1352-1353 13…
Initial drilling results from the Quet property, 90 km northeast of Vancouver, returned wide intersects of low-grade gold. Noranda (TSE) is earning a 60% interest in the property from Aranlee Resource…
A recent joint venture agreement between Bethlehem Resources (TSE) and Goldnev Resources (VSE) will provide for ongoing exploration of several prospects in the vicinity of the Goldstream polymetallic …
A proposed joint venture agreement is setting the stage for Pacific Century Explorations (VSE) to take on a partner for continued exploration of the Pay Dirt property in northwestern British Columbia….
St. Genevieve Resources (TSE) recently bought for cancellation, $10.7 million worth of its 5.625% convertible bonds, through a transaction on the Swiss bond market. The bonds were purchased for the eq…
The Goldenrae alluvial gold mine in Ghana, West Africa, has entered into production, two weeks behind schedule but 10% below budget. At operating costs of below US$130 per oz., part-owner Sikaman Gold…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 9 October 8 October 5 October 4 October 3 Copper 1460-1464 1454-1456 1470-14…
MVP BGR Central Capital Net value $10.35 $5.74 $0.29 Price $9.375 $5.375 $0.16 Discount 9.42% 6.4% 44.8% Value $61,640,194 $90,430,613 N/A…
The Teck-Corona Williams mine at Hemlo, Ont., is expected to produce about 500,000 oz. of gold this year, maintaining its 1989 status as the largest gold bullion producer in the nation. The mine’s imm…
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