News

Sulliden Exploration’s Mario property has been named Peru’s “mining prospect of the year” by a committee of 15 representatives of that country’s mining industry.The Montreal-based junior has an option…

The Ruttan copper-zinc mine in northern Manitoba will be closing sooner than expected, owing to low metal prices.Hudson Bay Mining & Smelting had announced in the mid-1990s that the mine would shut do…

Lucero Resource (LCR-V) has changed its name to Squared Developments (SQD-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…

Low on cash, Mountain Province Diamonds (MPV-T) intends to raise just under a million dollars in a private placement of more than 1.9 million units priced at 50 apiece.A unit will consist of one shar…

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…

Lower realized prices and the devaluation of the Brazilian real saw TVX Gold (TVX-T) end the third quarter in the red.Net losses in the three months ended Sept. 30 totalled US$1.1 million on revenue o…

Vancouver — Legal issues are once again taking centre-stage at the Las Cristinas gold property in Bolivar state, Venezuela. Minera Las Cristinas (Minca), which is 95%-held by Vannessa Ventures (VVV-V…

Vancouver — At its Kena property, north of Ymir, B.C., Sultan Minerals has expanded a gold-in-soil anomaly 1,200 by 600 metres.Soil sampling on the Gold Mountain grid previously defined highly anomal…

Under a mutual agreement, Crystallex International (KRY-T) will no longer be providing technical support services to Idaho Consolidated Mines (IDO-V) at the Stillwater complex in Montana.The original …

Vancouver — Canada’s junior exchange posted gains on all fronts over the report period ended Nov. 13. The Canadian Venture Exchange composite index tacked on 66.11 points, or 2.24%, to finish the wee…