Drilling last summer by Canadian Royalties (CZZ-T) at the Mesamax nickel-copper deposit in the Ungava region of northern Quebec underpins a substantial increase in a new resource estimate.
After incurring significant losses in the first quarter at the flagging Giant gold mine in Yellowknife, N.W.T., and witnessing similar results in April and May, Miramar Mining has decided to close the aging operation.
Vancouver — The South African Exchange Bank has given conditional approval to the proposed combination of Anooraq Resources (ARQ-V) and Pelawan Investments.
The Toronto Stock Exchange’s gold index jumped 5.21 points, or 2.7%, to 201.46 during the June 16-22 report period. Not surprisingly, the price of gold rose US$10.50 to an afternoon fix of US$395.75 per oz. in New York on June 22. The rest of the…
The TSX Venture Exchange retook some ground over the trading period June 16-22, closing at 1,568.96, up almost 46 points. The junior market was propelled by a rebound in the gold price, closing at US$395 per oz., up about US$6. Gold seems to be en…
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