News

Vancouver — Drilling by Miramar Mining (MAE-T) has expanded the gold resource at the Hope Bay project in Nunavut.

Although grades are being hampered by the processing of mud-rich kimberlite material surrounding the A-154 South orebody, the Diavik mine in the Northwest Territories is operating at levels comfortably ahead of design capacity rates of 1.5 million…

Thistle Mining (THT-T) has increased resources at its President Steyn gold mine, 280 km south of Johannesburg, South Africa.

U.S. markets were lifted and lowered by interest rate speculation and international tension, but finished the reporting period May 11-18 little changed. The S&P 500 index was off 3.96 points at 1,091.49, while the Dow Jones Industrial Average was…

The week of May 12-May 18 saw a lot of ups and downs on the Toronto Stock Exchange. The spot price for gold in London on the afternoon of May 18 closed at US$377.70 per oz., up US$2.45 from the previous week. The S&P-TSX composite index closed on…

Band-Ore Resources (BAN-T) has received encouraging results from 14 holes drilled in an ongoing program at its Thorne gold property in Timmins, Ont.

Falconbridge (FL-T) has claimed a force majeure at its Kidd Creek copper smelter in Timmins, Ont.

The TSX Venture Exchange lost another 25 points during the trading period May 12-18 to close at 1,533.94, representing the sixth consecutive weekly decline for the exchange.

Diamonds North Resources (DDN-V) has merged its land holdings in the eastern Arctic of Nunavut with those of BHP Billiton (BHP-N) to form a joint venture covering more than 7 million acres (28,300 sq. km) arou…

Vancouver — The board of Hecla Mining (HL-N) has approved a US$30-million plan to develop Mina Isidora, a gold deposit on the company’s Block B lease in the El Callao district of eastern Venezuela.