News

Candente hits porphyry copper

Vancouver — Candente Resource (DNT-V) has intersected what appears to be a major porphyry copper zone on its Caariaco project in northern Peru.






Photo by Pattie BealesVal Pratico, contract geologist (left), and David Webb, president of Tyhee Development, stand in front of the entrance to the Ormsby decline.

Tyhee decline advances on the Ormsby zone

Yellowknife, N.W.T. — Tyhee Development (TDC-V) has stepped up exploration of the Ormsby zone, part of the Discovery-Nicholas Lake gold property, 90 km from Yellowknife, N.W.T.


Tamerlane ambitious at Pine Point mine

Vancouver — The once-grand Pine Point mine, on the southern shore of Great Slave Lake in the Northwest Territories, is getting a test drive by Tamerlane Ventures (TAM-V), which is eying both existing and potential resources of…


StrataGold adds gold projects in Yukon

Vancouver — StrataGold (SGV-V) has struck a deal to acquire Sterlite Gold‘s (SGD-T) interest in the Dublin Gulch and Clear Creek gold projects, near Mayo, Y.T.


Financing triggers higher trading in Bema

The 7-day report period beginning Oct. 20 saw the price of gold rise US$8.15 to close at US$427.50 per oz. in the afternoon of Oct. 26 in London. During the week, gold hit a near 16-year peak; on Oct. 26, however, it fell $1.65. The gold index ro…


Metals bounce back

Despite a tough weekend, U.S. equity markets were little-changed over the report period Oct. 20-26. The Dow Jones Industrial Average was off 9.14 points at 9,888.48 and the S&P 500 rose 7.86 points to 1,111.09.


Liberty sees 10% cobalt

Vancouver — Bulk sampling on Liberty Mineral Exploration‘s (LBE-V) McAra Lake cobalt project, midway between Sudbury and Timmins in northeastern Ontario, has returned significant cobalt values.



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