News

United they stand . . .

The United Nations and the radical chic who crowd its once-hallowed halls are experiencing the best and worst of times. U.N. policies are being embraced by most developed nations, and supporters are e…



This picture (left) shows seven "doughnut" bars of 1.2 ounces each. The doughnut shape is a traditional Chinese shape for coinage. The pig bar, issued in 1991 by LD Metals of South Korea, is 38 mm wide and weighs 18.75 grams. The tiny hog is a popular gift item.

Exhibit traces history of yellow metal

What consists of a tiny pig weighing 18 grams, a half-dozen “doughnuts” and a palm-sized boat dating back to the Han Dynasty in China?Answer: the gold exhibit on display at the Pacific Mineral Museum …


Claude, Corner Bay top picks in junior sector

The high-tech boom may be almost over on North American equity markets, but junior mining companies are still having a tough time getting noticed by investors. Even smaller brokerage firms that once f…



Boliden’s losses narrow in quarter

The losses of cash-strapped Swedish-Canadian miner Boliden (BOL-T) shrank in the latest quarter, thanks to increased mining and smelting production.For the three months ended June 30, the company post…


High River boosts output

In the first half of the year, Toronto-based High River Gold Mines (HRG-T) produced a record amount of gold at lower costs at its 50%-owned New Britannia mine in Manitoba, and at the mines of JCS Bury…


Argosy inks major deal with Noril’sk

Just days before its rights to the Nakety and Bogota nickel-cobalt concessions in the French Pacific territory of New Caledonia were set to expire, Argosy Minerals (AGY-V) announced it had brought Rus…



Kinross to test depth of Goose (August 06, 2001)

Kinross Gold (K-T) has begun drilling at the Goose Lake deposit of Wheaton River Minerals (WRM-T). It is the largest of six deposits that constitute the George Lake project in Nunavut.Kinross can earn…


Richmont bleeds red ink

Vancouver — Yet another junior producer feeling the pinch of historically low gold prices is Richmont Mines (RIC-T), which posted a loss of $4.35 million (or 29 per share) in the quarter ended June …


Mining index suffers summer slump

Vancouver — Canada’s junior exchange lost ground over the report period ended July 31, with the mining index slipping considerably. The Canadian Venture Exchange composite index lost 10.69 points, or…


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