The Toronto Stock Exchange 300 index sustained a minor loss during the report period May 6-12, dropping just 2.42 points to end at 7,717.70. The index, however, fared better than the gold and precious…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 11/98 (change from May 1 in brackets):MetalStock(tonnes)ChangeA…
A 717-metre diamond drill program by Tri Origin Exploration (TOE-T) at its Confederation base metal property in northwestern Ontario has returned lacklustre results.Of five planned holes, two were aba…
The four companies that constitute the Night Hawk Lake joint venture have approved a $410,000 program of downhole and ground geophysics, data interpretation and drilling. The 637-claim property is 38 …
Toronto-based Black Hawk Mining (BHK-T), owner and operator of the Keystone gold mine in Manitoba, has posted a strong first quarter.During the 3-month period ended March 31, the company earned $1.33 …
The government of Panama has granted Tiomin Resources (TIO-T) an extension on the company’s contract for the Cerro Colorado copper deposit.As a result, Tiomin will be able to postpone its contract com…
Aber Resources (ABZ-T) has entered into a bought-deal financing with a syndicate of underwriters, led by Bunting Warburg, that will raise gross proceeds of $102.9 million. The deal involves 7 million …
Dia Met Minerals (DMM-T) and BHP Diamonds have announced plans to construct a diamond sorting and valuation facility at the Yellowknife airport in the Northwest Territories.The facility will be used f…
Southern Cross Resources (SXR) has increased resources at its Goulds Dam-Billeroo uranium property in Australia.Based on 504 holes drilled between 1969 and 1980, not all of which had been used in prev…
Delegates attending a conference held here in early May were told that mining in the next century may feature the increased use of robotics, specialty alloys and recycled materials, and may incorporat…
Quebec City-based Virginia Gold Mines (VIA-M) is set to begin a new drill program on the Grande Sud property in the James Bay region of Quebec.Attention is focused on two zones of mineralization, name…
Vancouver-based Camnor Resources (CMB-V) has signed a letter of intent to acquire polymetallic mineral properties in Alaska’s Bonnifield district from Golden Phoenix Minerals (GPXM-Q).The deal commits…
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