News

Madeleine Mines has a major program in hand here that will see Canada’s first platinum-paladium mine in full scale production within a year. A big open pit orebody, this will be an extremely low cost …

A combination of stronger gold prices and increased gold production has enabled Lac Minerals to chalk up an impressive quarter. For the second quarter ended June 30, the company realized total earning…

Drilling has established a reserve of 100,000 tons grading 0.35 oz gold at Black Swan Gold Mines’ Merriland property in Queensland, Australia. The company is operator for the project and has a 60% int…

July 21 July 20 July 17 July 16 July 15 Gold London Bullion Dealers afternoon (morning) $US per oz. 452.40(452.50) 450.90(449.65) 450.60(452.50) 453.75(452.90) 452.70(448.25) Gold Bank of Nova Scotia…

An arbitrator has ruled that Granges Exploration and Hycroft Resources and Development will not have to pay a royalty to the lessor of the Lewis mine property, a small heap leach operation in Nevada. …

Mining issues are enjoying the benefits of firming metal prices, both base and precious. For the week, of 292 issues which traded 124 advanced versus 91 which declined. Although the tse composite slip…

Spot closing prices in Pound Sterling per tonne Date July 21 July 20 July 17 July 16 July 15 Copper 1024-1025 1024-1025 1015-1017 1016-1017 1004-1005 Lead 408-409 410-411 …

The Vancouver market has moved back into neutral territory following yesterday’s 16-point loss. By presstime, the VSE index was up marginally to 1,860.6 pts and most issues were trading within narrow …

Partners Sikaman Gold Resources and Denison Mines recently received results from a prefeasibility study on their Bogosu concession in Ghana, West Africa. Sikaman has a 45% interest in the property, wh…

Too much money chasing too few goods. It’s the classic Keynesian definition of an economic phenomenon which, just seven short years ago, was on the lips of every economist and politician — inflation….

An $800,000 exploration program has been started on gold property in Dubuisson Twp. in northwestern Quebec, the president of Goldstack Resources, Herve Drolet, reports. The drilling is being undertake…

The ramp extension being driven to open up a second level on the No 3 vein system has advanced to 470 ft at the Chester Twp. gold property near Gogama, Ont., Chesbar Resources reports. Underground dri…