High production costs and a low gold price have caught up with Philex Gold (PGI-T), which has posted a $3.1-million loss for the quarter ended March 31.The company, which recorded a profit of US$2.6 m…
— Updated and final feasibility studies expected in third quarterIn many European countries, mining is perceived in terms that might best be described as dated, and this perception is posing challeng…
Marking mining milestonesThis year marks a milestone for the Canadian mining industry — it is the 100th anniversary of both the Yukon gold rush and the founding of the Canadian Institute of Mining, M…
The East Indies may no longer be a trendy destination for Canadian junior companies, but their mineral potential is good enough that some persistent explorers are still working quietly on solid projec…
Kerry Smith, mining analyst for First Marathon Securities, has recommended River Gold Mines (RIV-T) as a “solid, long-term holding” for all small-cap and resource accounts.The junior has 30.8 million …
Taking on mineral projects in China requires a degree of patience and tenacity few junior companies can muster. Zen International Resources (ZQP-V), which recently doubled the size of its portfolio of…
The Vancouver Stock Exchange composite index was off 1.5%, or 9.26 points, closing at 614.57 over the holiday-shortened report period ended May 19. The mining index slipped 10.07 points, or 2.1%, to f…
With the price of nickel nosediving US25cents over the past two weeks to US$2.20 per lb., both of Canada’s big nickel producers took hits over the report period ended May 19: Inco dropped $1.95 to $21…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMay 19May 18May 15May 14May 13…
Junior diamond miner Trivalence Mining (tmi-v) of Vancouver, B.C., has reported new production figures from its 1,000-sq.-km Aredor concession in Guinea, West Africa.In April, Trivalence processed 31,…
Nova Scotia-based NovaGold Resources (NRI-T) reports that diamond drilling has begun at the Koala project in central Chihuahua state, Mexico.In February, the company acquired a 20% interest in the 990…
Donner Minerals (DML-V) and Teck (TEK-T) have commenced their long-anticipated drilling program at the South Voisey’s Bay project in Labrador.Three drill rigs are currently operating under the field s…
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