News

Redcorp tests anomalies at Lagoa Salgada

A recent drilling program aimed at testing five geological and geophysical anomalies failed to intersect mineralization or were abandoned before reaching their target depths at the Lagoa Salgada coppe…




Past, better days. From left: Normand Dupras, Falconbridge's exploration manager in the Bathurst base metal camp; Keith Ashfield, New Brunswick's minister of Natural Resources; and Slam Exploration president Mike Taylor together at an airport in New Brunswick in 2003 after all three parties had reached a 5-year agreement to use MegaTEM surveys to explore for new deposits that might extend the life of Falconbridge's 41-year-old Brunswick base metal operation in the Bathurst camp. Falconbridge recently walked away from the Bathurst joint venture after Slam did not produce the necessary funds for this year's exploration program.

Falconbridge slams door on Slam JV

Unable to come up with the funds to finance this year’s exploration on the Bathurst joint venture in New Brunswick, Slam Exploration (SXL-V, SLMXF-O) was finally given its walking p…


Spot Prices Tuesday, Jan. 3, 2006 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $520.75 +15.00
Silver $9.04 +0.49
Platinum…


Editorial: Goodale should stay on

It’s been said that Canadian Prime Minister Paul Martin is not unlike a bean bag chair, taking the shape of whoever last sat on him….



It’s never easy to say goodbye

The Northern Miner is part of a close-knit group of people who also produce the Canadian Mining Journal and the Canadian and American Mines Handbook….


McEwen adds Minera Andes to roster

Vancouver — Minera Andes (MAI-V, MNEAF-O) is the latest junior explorer to fall into the sights of Robert McEwen, who is investing $10 million in the company….


Royal Gold buying Kennecott royalties

Vancouver — Royal Gold (RGL-T, RGLD-Q) is expanding its portfolio by spending US$25 million for a pair of royalties owned by Kennecott, a subsidiary of Rio Tinto



Venture board closes out 2005 on a high

Gold’s late-year rally through the US$500-per-oz. level lifted the S&P-TSX Venture Exchange to finish 2005 at a more than 9-year high of 2,236.55, up 45.99 points or 2.1% over the year’s final wee…


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