News

Cusac, clarifies Taurus resource

Vancouver — Cusac Gold Mines (CQC-T, CUSIF-O) was quick to inform American Bonanza Gold (BZA-T, ABGFF-O) that about one-third of the recently tabled gold resourc…


Soho cuts high-grade at Tahuehueto

Vancouver — Drilling on the El Creston trend at its polymetallic Tahuehueto project, in northwestern Durango state, Mexico, has delivered high-grade gold values for Soho Resources



Taking de-hedge off

The pace of quarterly de-hedging fell to its lowest level in more than two years with a modest 490,000-oz. (15.2-tonne) cut in the delta-adjusted hedge book in the 3-month quarter ended Dec. 31, 2005….


Another hiccup at Lac des les

North American Palladium (PDL-T, PAL-X) has resumed normal operations at its Lac des les palladium mine, north of Thunder Bay, Ont., following a tailings dam leak on Feb. 4….


Venture market resumes upward trend

Renewed gains in metal prices caused the junior-resource-dominated TSX Venture Composite Index to bounce back from recent declines, moving up 4.1% or 99.37 points to close the Feb. 14-20 trading sessi…



Mitsubishi eyes slice of Kolwezi

Adastra Minerals‘ (AAA-T, AMZIF-O, AAA-L) directors have unanimously urged shareholders to reject a hostile takeover bid by First Quantum Minerals (FM-T, FQVLF-O,…


Gammon Lake CEO Brad Langille (left) and president and chairman Fred George hold a 30-kg gold dor bar from the company's first metal pour at the Ocampo gold mine in Chihuahua state, Mexico.

Gammon Lake joins producers guild

Years of land consolidation and drilling have come to a head for Gammon Lake Resources (GAM-T, GRS-X), with the first pour of gold-silver dor from its Ocampo mine in Chihuahua stat…



Metallica shares blast off (February 27, 2006)

Shares in Metallica Resources (MR-T, MRB-X) recently jumped nearly 19% to a long-time high of $3.80 after the company reported that Mexico’s Secretaria de Defensa National (Sedena)…


TSX rebounds on gold, oil rally

The Toronto Stock Exchange clawed back 346.27 points to finish the Feb. 14-20 report period at 11,865.76, with all of the precious metals, and most of the base metals staging recoveries. After plummet…


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