Falling precious and base metal prices contributed to a further decline in Scotiabank’s all-commodity price index in June. The index dropped 2.9% from May, the fifth consecutive monthly decline. Bank …
Exploration is expected to get under way soon at a group of Newfoundland claims acquired recently by Terrex Resources (ASE) from Nippers Harbour Minerals Ltd. Situated about 10 km south of the Bitech …
It may not be happening in any major way in Vancouver, but brokers here are heartened by the recent upswing in trading activity on the big boards back East. However, unlike several years ago when juni…
A $500,000 exploration program has begun on a group of four grassroots exploration properties under option to Blue Emerald Resources’ (VSE) in the Lac St. Jean area of Quebec. The largest of the four …
In a joint notice of intention filed and accepted by the Toronto Stock Exchange, Teck Corp. (TSE), M.I.M Canada and Metall Mining Corp. (TSE) revealed plans to buy additional common shares of Cominco …
The government of Taiwan is in a gold-buying mood again. The Far East nation was extremely active in 1988 when purchases were said to have added 181 tonnes to its gold reserves. International securiti…
Morten Riset, a refinery operator with Cheni, stands beside gold bar at the Lawyers mine site. Photo by The Northern Miner…
After much success in reducing costs, improving efficiencies and increasing gold production, LynnGold Resources (TSE) fell victim to plummeting gold prices. After sustaining continued losses at its Ma…
American Ore (ASE) has begun its exploration program on the Iskut joint venture property equally owned by American Ore, Golden Band Resources (VSE) and Prime Resource Corp. (VSE). The property is loca…
Vancouver-based 007 Precious Metals (VSE) has completed a 10-hole drill program on its Rainbow Island property at Sturgeon Lake in northwestern Ontario. The shallow drill program tested known gold-bea…
Fleck Resources (VSE) is seeking joint venture offers for its Dunka Road base metals deposit in Minnesota. An in-house reserve estimate concludes the deposit hosts 170 million tons of material grading…
Recent drilling by Fairbanks Gold (VSE) at the Fort Knox property near Fairbanks, Alaska, has encountered broadly disseminated free gold extending from surface to a depth of more than 1,000 ft. Becaus…
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