News

In terms of economic cycles, 12 years is a long time to wait for a turnaround. Patience may be a virtue, but for gold bugs, the return of the yellow metal’s price to some form of respectability is lon…

Investors in the gold and diamond market found little to cheer about in the first days of the new year as bullion tumbled to a 7-year low and diamond stocks responded to a “disappointing” news release…

Results from Noranda Explorations’ initial work program on the Taurus property have prompted partners Hemlo Gold Mines (TSE) and Lodestar Explorations (VSE) to plan a drill program for early 1993. Hem…

It was a record year for the Alberta Stock Exchange, which had almost $1 billion in trades in 1992. The volume of trades rose by about 31%, to 865 million shares, from the previous year, the Canadian …

A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…

Week’s Price (US) Change Gold* $328.85 $3.45 Silver* $ 3.70 + $0.04 Platinum* $357.70 + $1.20 Nickel** $ 2.82 + $0.18 Lead** $ 0.20 $0.01 Copper $ 1.06 + $0.03 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…

Jan.5 Jan.4 Jan.1 Dec.31 Dec.30 High Low Composite”300″3353.45 3351.04 N/A 3350.44 3326.83 4009.47 3009.91 Metals&Minerals 2878.42 2860.64 N/A 2814.84 2789.40 3453.06 2502.63 Integrated Mines2984.25 2…

A private Panamanian company recently elected to participate as a 20% partner at the Petaquilla copper property being explored by Adrian Resources (VSE). Adrian, as project operator, is earning 40% of…

Management of Jordex Resources (TSE) is evaluating an offer from Anglo American of South America (AMSA) to acquire a majority interest in the Loma de Hierro laterite nickel deposit in Venezuela. The d…

To raise funds for exploration on its Brookbank gold property near Beardmore, Ont., Ontex Resources (ASE) has reached an agreement-in-principle for a private placement of 500,000 units to a private co…

A program of grid cutting and electromagnetic (EM) surveys is under way on the Casa Berardi property of East West Resource (VSE) in northwestern Quebec. The company says that the EM surveys are being …

Manitoba’s new Mineral Exploration Incentives Program (MEIP) is off to a slow start. The 3-year, $12.5-million grant program, designed to stimulate petroleum and mineral exploration and development in…