Recent increases in bond yields have kept stock investors on the defensive and worried that interest-bearing investments will draw money out of equity markets. This lack of investor confidence helped …
A third phase of drilling totaling 7,000 ft. in 14 holes is under way on the Rainbow property near Kamloops, B.C. Teck (TSE) recently completed a 70% earn-in on the property and Getchell Resources (VS…
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 8 Nov. 7 Nov. 4 Nov. 3 Nov. 2 Copper 2707-2711 2710-2711 2734-2735 2754-2755 2712-2714 Lead 667-668 668.5-669.5 672.5-673.5 674.5-6…
Week’s Price (US) Change Gold* $384.35 + $0.50 Silver* $5.20 – $0.08 Platinum* $411.00 – $7.00 Nickel** $3.37 – $0.02 Lead** $0.30 $0.00 Copper $1.23 + $0.03 Zinc $0.52 + $0.02 Courtesy of Scotiabank….
Year-to-date financings on the Vancouver Stock Exchange reached $1.1 billion, the highest level since the bull market of 1987, which raised $1.4 billion. Both the composite and resource indexes reache…
Junior Bolivar Goldfields (VSE) has completed a second phase of reverse-circulation drilling on the Tomi concession in Venezuela’s Bolivar state. The 3,800-metre program identified two new mineralized…
Toronto-listed Gibraltar Mines has opted to buy the Lomas Bayas copper property in Chile for US$14 million. The company will assume a royalty on copper production of US2 cents per lb., capped at US$3….
Junior Chase Resource (TSE) hopes to expand its Philippine assets by acquiring an 85% interest in Bai Saripinang Mining. Chase can acquire an initial 40% by paying US$5,000 plus a US$1,000 option fee …
After several months of inactivity, shares of International Platinum (IPC) have resumed trading on the National Association of Securities Dealers Automated Quotation (NASDAQ). However, owing to what t…
A US $25,000 second option payment will be made by BHP Minerals International to Excellon Resources (VSE) and MVP Capital (TSE) on their jointly owned Robber’s Roost copper project near Tombstone, Ari…
By purchasing an interest in a Peruvian refinery, Cominco (TSE) has boosted its zinc-producing capacity. The company has acquired 83% of the shares of the Peruvian company that owns the Cajamarquilla …
Underground channel sampling from turn-of-the-century mine workings on the San Antonio gold property in Mexico’s Sonora state has uncovered a new mineralized zone. Golden News Resources (TSE) reports …
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