News

Spanish writedowns swamp Rio Narcea

A US$28.4-million writedown on the carrying value of the El Valle and Carles mines in Spain pushed owner Rio Narcea Gold Mines (RNG-T) deep into the red in 2004….


Alexis, Noranda cut base metals

Alexis Minerals (AMC-V) and Noranda (NRD-T) have intersected significant base metal mineralization at their jointly held West Ansil property, 14 km northwest of R…


TSX rebounds as oil boils

Powered by rising oil prices, Canada’s resource sectors helped the Toronto Stock Exchange rebound by 148.5 points during the March 29-to-April 4 report period; the S&P TSX Composite Index finished…



Canarc proves up Benzdorp deposit

Drilling by Canarc Resource (CCM-T) has intersected significant gold on its Benzdorp property, 300 km southeast of Paramaribo, the capital of Suriname. The drilling was focused on t…



Aurizon extends Casa Berardi high grade

Underground drilling around the West mine area at the Casa Berardi project in northwestern Quebec has resulted in high-grade gold values for Aurizon Mines (ARZ-T)….


Venture board weakened by gold’s drop

Junior explorers suffered continued losses over the March 29-to-April 4 report period as the S&P-TSX Venture Composite Index shed 16.07 points to close at 1886.28. Average daily trading volumes al…


Matamec pulls nickel at Vulcain

Drilling by Matamec Explorations (MAT-V) at the Vulcain prospect, 165 km southeast of Val d’Or, Que., has confirmed nickel mineralization in areas near the old Renzy Lake open-pit m…



The pipeline starts to fill

This week we’re telling the stories of several mineral exploration and development projects in Latin America, but on their own they don’t quite convey the incredible upswing in activity by North Ameri…


Trucks unload copper ore into a crusher at the Cerro Verde mine in Peru.

Reward outweighs risk in Peru’s mining sector

Vancouver — Peru’s mineral potential is as attractive as ever, but newly imposed royalties and recent mine-site protests have created an undercurrent of political risk that appears to be softening th…


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