News

Drilling by Aquiline Resources’ (AQI-V) at its Calcatreu gold-silver project in Argentina has extended a zone of high-grade mineralization to more than 700 metres.The latest, 13-hole program targeted …

Some impressive gold grades from the Guillet property in Temiscamingue, Que., sent shares of Vantex Oil, Gas & Minerals (VTX-V) soaring on Feb 25.Hole 70 returned 13.3 metres grading 40.7 grams gold p…

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 2March 1Feb. 27Feb. 26Feb. 25Al Alloy1570/160…

The Toronto Stock Exchange’s S&P-TSX composite index rose steadily over the Feb. 25-March 2 report period, ending 170.7 points higher at 8,808 despite a 1.5% drop at the period’s end. The gold index m…

Anglo-Australian giant BHP Billiton (BHP-N) has signed a US$9-billion deal to ship some 12 million tonnes of iron ore annually to four of China’s top steel mills.The 25-year deal is BHP’s largest-ever…

Proven and probable reserves at the Joe Mann mine, near Chibougamau, Que., have risen 35% since the end of 2002, Campbell Resources (CCH-T) reports.The increase includes 46,057 oz. gold mined from 182…

Two new discoveries last year by Toronto-based junior River Gold Mines (RIV-T) near its Eagle River high-grade gold mine near Wawa, Ont., have allowed the company to add 136,500 oz. to its reserve bas…

Vancouver — Tenke Mining (TNK-T) will sell 3 million shares to a syndicate of underwriters in return for $8.25 million, some of which will be used to explore the Vicuna copper-gold-silver project in …

Vancouver — Drilling by Tournigan Gold (TVC-V) has intersected high-grade gold mineralization at the Curraghinalt project in Northern Ireland. The program is designed to upgrade the resource classifi…

Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RPT-N) to purchase the Zinkgruvan min…

Stronger gold and natural gas prices helped Saskatoon-based Claude Resources (CRJ-T) cruise to a profit in 2003….