Goldfields ups Committee Bay budget
Committee Bay Resources (CBR-V) has had another $800,000 added to its exploration budget by joint-venture partner G…
News
Trio soars on uranium power (September 14, 2004)
Shares in three junior explorers all shot higher on Sept. 14, after the trio unveiled some high-grade uranium value…
Lake Shore triples Timmins Gold resource (September 14, 2004)
Vancouver – Since Lake Shore Gold (LSG-V) acquired an option on the Timmins Gold project in northeastern Ontario ju…
Cambior slides on Doyon news
Shares in Cambior were off 18, or nearly 5%, at $3.71 in late afternoon trading in Toronto on Sept. 13, after the…
Taseko moves rock at Gibraltar (September 13, 2004)
Vancouver – Preparation work by Taseko Mines (TKO-V) on its Gibraltar open-pit copper mine, located near Williams L…
Alcoa shares tumble (September 13, 2004)
Shares in Alcoa (AA-N) fell 7.5% to US$30.75 on Sept. 10 after the company warned that third-quarter earnings from…
Sudbury Contact passes gold assets to mothership
Shifting its attention to diamonds, Sudbury Contact Mines (SUD-T) is selling all its precious-metal assets for C$3.
Canadian Royalties unravels the pattern in Ungava
Near Kangiqsujuaq, Que. — For several years, the magic word in base metals exploration has been “nickel,” and a large number of junior exploration companies have tied their fortunes to it. Many have looked for a niche in developing relatively sma…
The Northern Miner Indices (September 13, 2004)
North American Mining: 106.71 (-1.75)…
Government halts exploration in Eritrea
Vancouver — Several Canadian-based companies have been ordered to halt their exploration programs in Eritrea. According to a press release released by the companies collectively, the Eritrean Ministry of Mines gave no reason for ordering the work…
Hybrid cars and cobalt
Improvements in hybrid-electric vehicle technology are expected to boost demand for cobalt-based batteries. This newly emerging demand, combined with increases in cobalt use for other types of rechargeable batteries, turbine engines and gas-to-liq…
Enter the dragon: China and the precious metals
Now that China is a key driver for commodities, the phrase “Enter the Dragon” is increasingly heard at commodity conferences.