TSX runs gold index up flagpole (May 15, 2006)
Details are sketchy but the Toronto Stock Exchange (TSX) and rating and index agency Standard & Poors will develop …
2006
On-site exploration yields high-grade zones for Imperial
Vancouver — A spring drilling campaign by Imperial Metals (III-T, IPMLF-O) has returned encouraging results from several zones near existing pits at the wholly owned Mount Polley copper-gold mine sit…
Maxy Gold selling Niukong to Chinese group (May 15, 2006)
Vancouver — China-focused junior explorer Maxy Gold (MXD-V) is offloading its Niukong gold project, part of the Luchun joint venture in southern Yunnan province, to a private Hong Kong-based mining g…
People (May 15, 2006)
Novastar Res. — Thomas Graham, Jr. appointed chairman and as interim corporate secretary….
Gold Canyon tests high-grade targets at Springpole (May 15, 2006)
A winter drill program by Gold Canyon Resources (GCU-V, GDCRF-O) has returned bonanza grades from the Core area of the Springpole gold project in the Red Lake mining district of Ontario, while also re…
$7.5M gift from Teck to create mining institute at UBC
British Columbia’s last mining engineering program has received a $7.5-million donation from Teck Cominco (TEK.SV.B-T, TCKBF-O), one of Canada’s largest mining companies, and some of the company’s par…
Cross Lake lines up financing to restart QR
Vancouver — Cross Lake Minerals (CRN-T, CLKMF-O) plans a significant financing, coupled with a share consolidation, to bring its QR gold mine, 70 km southeast of Quesnel, B.C., back into production….
Nickel bringing Manitoba projects to life
For what had been a flavour-of-the-month commodity, nickel has held up unusually well. Its sustained price strength has brought a number of juniors into prospective areas in Manitoba, some with a hist…
PGM Ventures to reopen Spanish zinc-copper mine (May 15, 2006)
With a full feasibility study completed, new management appointed, most of the financing and permits getting lined up, and copper and zinc prices soaring, the key pieces are now falling into place for…
TSX Venture Exchange May 2-8
Another week, another healthy gain for the junior mining-dominated TSX Venture Composite Index as metal prices showed continued strength, spurring an influx of investors, and closing up 49.74 points a…
U.S. Markets May 2-8
With the notable exception of companies developing projects in Bolivia and other politically volatile nations, resource companies listed on U.S. markets attracted increased investor attention over the…
Toronto Stock Exchange May 2-8
The S&P-TSX Composite Index gained 19.74 points to close the May 2-8 period at 12,294.20 points. The loonie continued to make gains, reaching a 28-year high against the greenback, as job growth fu…