Partners boost resource at Meliadine East
Toronto-listed partners Comaplex Minerals and Cumberland Resources have re- assessed the Meliadine East deposit.The property, 15 miles north of Rankin Inlet, N.W.T., now has an indicated geological re…
Cumberland Resources Ltd
STOCK MARKETS — TSE 300 up on rising precious metal prices
The Toronto Stock Exchange enjoyed a gentle climb over the 5-day trading period ended Nov. 28, with precious-metals and technology sectors taking the lead. The TSE 300 composite index was up 49.48 poi…
INSIDER TRADING — Canadian States Res. executives unload shares
Several senior officers of Canadian States Resources (CDN) traded shares in the company during September.According to the Ontario Securities Commission’s OSC Bulletin, Robert Salna, director and senio…
STOCK MARKETS — Eastern markets take post-referendum breather
Investors enjoyed a relaxing week on the Toronto Stock Exchange, as the market traded low volumes in a narrow range. By the close of trading Tuesday, the composite index had drifted down 12.38 points …
DIAMOND NEWS ROUNDUP — Redaurum buys majority stake in South African producer
The largest Canadian-based diamond producer, Redaurum (TSE), is about to get larger.The company has entered into an agreement to buy an 80% interest in a producing alluvial diamond mine in South Afric…
Work continues at Parker Lake
Toronto-listed partners Cumberland Resources, Comaplex Minerals and Manson Creek Resources report that additional sampling has returned encouraging values on three prospects found on their Parker Lake…
STOCK MARKETS — Resource stocks dip as markets flatten out
An unstable dollar brought interest rate shivers to market traders last week, but few really lost their nerve as the Toronto Stock Exchange spent the week in a slow decline. The TSE 300 composite inde…
STOCK MARKETS — Canadian projects fuel western markets
Even though junior companies have headed off to every corner of the world in search of new mineral discoveries, the most active issues on western markets continue to be those with properties surroundi…
STOCK MARKETS — TSE remains quiet as spot gold price slips
Although the Toronto Stock Exchange 300 composite index added a fraction, the TSE had a quiet week, with both mining indexes moving lower.For the four trading days ended Sept. 5, the composite moved u…
Results in from Meliadine East
Drilling at the Meliadine project north of Rankin Inlet, N.W.T. has been completed, and joint-venture partners Cumberland Resources (VSE) and Comaplex Minerals (TSE) are ready to recalculate the resou…
Partners expand drilling program at Meliadine gold property in N.W.T.
Encouraged by drilling on their Meliadine property near Rankin Inlet, N.W.T., partners Cumberland Resources (VSE) and Comaplex Resources (TSE) are expanding the program by a further 3,300 ft.The work …
Meadowbank results prove promising
Drilling on the Meadowbank property, north of Baker Lake,N.W.T., is returning gold values for 60-40 partners Cumberland Resources (VSE) and Comaplex Resources (TSE).The new results include values of u…