Not to be outdone by rival nickel producer Inco (N-T), which is advancing an enormous nickel-cobalt resource at the Goro property in New Caledonia, Falconbridge (FL-T) has agreed to participate in the…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Apr.28/98 (change from Apr. 21 in brackets):MetalStock(tonnes)Change…
The Dow Jones Industrial average was down over the April 22-28 report period, closing at 8,898.96 on fears of higher interest rates in the bond market. The Dow slipped 285.98 points (or 3.1%), includi…
Anmercosa Exploration, a subsidiary of South African-based Anglo American, has defined five gold exploration targets in Tanzania from a database provided by joint-venture partner Serengeti Diamonds (S…
The Tulsequah Chief polymetallic mine in northwestern British Columbia was given a new lease on life earlier this year when the provincial government officially approved a proposal to reopen the forme…
Operator Norcal Resources (NLR-V) and equal joint-venture partner Gold Giant Minerals (GNR-V) have completed their first phase of exploration drilling at the Norgiant project, situated 150 km northeas…
With three small but profitable gold mines in operation in Canada, Rouyn-Noranda, Que.-based Richmont Mines (RIC-T) is looking to take on a larger project.”We would like to get our hands on something …
Montreal-based Orleans Resources (OLS-T) has made its first commercial shipment of wollastonite concentrate from its new processing plant in Quebec’s St. Onge Twp., near Lac St.-Jean.The Montreal-base…
Kennecott is benefitting from its drilling efforts in the Lac de Gras region of the Northwest Territories.A program focused on the WO block has intersected an 82-metre-thick interval of volcaniclastic…
A recent decision handed down by the British Columbia Securities Commission has prompted Peruvian Gold (PVO-V) and Gabriel Resources (GBU-V) to scrap their planned merger.The Securities Commission rul…
Rouyn-Noranda, Que.-based Radisson Mining Resources (RDS-M) has reported the latest results from its ongoing drill program at the O’Brien gold project in northwestern Quebec’s Cadillac Twp. Several of…
Gold mines belonging to Homestake Mining (HM-N) performed well in the first quarter, but not well enough to keep the company out of the red.Homestake reported a net income from operations of US$600,00…
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