News

Drilling by Nuinsco Resources (NWI-T) at the Mel nickel deposit, 25 km north of Thompson, Man., has hit good grades at minable widths.

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There were modest gains in the U.S. stock markets over the report period May 26-June 1, with the S&P 500 index adding 8.15 points to close at 1,121.20 and the Dow Jones Industrial Average adding 85.03 points to finish at 10,202.65.

The boards of directors at Iamgold (IMG-T) and Wheaton River Minerals (WRM-T) have rejected co-ordinated bids by Golden Star Resources (GSC-T) and Coeur d’Alene Mines (CDE…

Vancouver — Drilling by Northern Lion Gold (NL-V) on the Haveri project in southwestern Finland continues to return encouraging gold values.

A feasibility study commissioned by TVI Pacific (TVI-T) has determined that the oxide resource at the Canatuan massive sulphide deposit on Mindanao in the Philippines can be mined economically as an open pit.

The president and CEO of the Mining Association of British Columbia (MABC), Gary Livingston, has stepped down to assume the same posts with Western Canadian Coal.

In contrast to the findings in an annual survey of mining companies published by the Fraser Institute, a report by PricewaterhouseCoopers says financing for mining projects in British Columbia improved in 2003.

Pacific Gold (PCFG-O) hopes to be a placer gold producer in Oregon and Nevada in the near future. It is a company to watch as the action unfolds.