News




Gleichen Gets Teck’s Morelos Gold Project

VANCOUVER — On the heels of closing a $241-million financing, Gleichen Resources (GRL-V) has acquired Teck Resources’ (TCK. B-T, TCK-N) 78.8% stake in the Morelos gold project for US$150 million and …


Cliffs Warms To Ring Of Fire

Ontario’s enticing but remote Ring of Fire polymetallic exploration camp took another step towards becoming a mining centre in late November with the first significant move into the camp by a miner ac…


PDAC Makes Pre-Budget Proposals

— The following is an edited excerpt of the Prospectors and Developers Association of Canada’s (PDAC) pre-budget recommendations to the federal government.


Correction (November 30, 2009)

In our article on this year’s Canadian Mining Hall of Fame inductees ( T. N. M., Nov. 23-29/09), we incorrectly stated the date of the inductee dinner. The dinner will take place on Thursday, Jan. 14,…


People (November 30, 2009)

Atacama Minerals — Tim Miller appointed president, CEO and a director, replacing a retiring Edward Posey.


Cabo Drilling Boosts Its Treasury

North Vancouver-based driller Cabo Drilling (CBE-V) is planning to use a $870,000 private placement to build its equipment arsenal at a time when discounts are plentiful.


U.S. Markets – NOVEMBER 17-23

U. S. markets remained in a holding pattern during the Nov. 17-23 reporting period, with the Dow Jones Industrial Average inching up just 13.53 points or 0.13% to close at 10,450.95, while the S&P…


TSX Venture Exchange – NOVEMBER 17-23

The S&P/TSX Venture composite index continued to break 52-week highs, gaining 38.69 points over the Nov. 17-23 reporting period to close at 1,416.63. Strong commodity prices bolstered investor app…


Toronto Stock Exchange – NOVEMBER 17-23

The S&P/TSX composite index continued to show resilience over the Nov. 17-23 reporting period, warding off the previous week’s minor slump to finish at 11,624.03 points — a gain of more than 100 …


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