News

The ore-processing facilities at the Zinkgruvan lead-zinc mine, 200 km southwest of Stockholm, Sweden. The mine is owned by Rio Tinto and Lundin Mining.

Lundin celebrates Swedish homecoming

Stockholm, Sweden — As a result of acquiring the Zinkgruvan mine in central Sweden from Rio Tinto (RTP-N), Vancouver-based Lundin Mining (LUN-T) is supplying lead and zinc concentrate to smelters in northern…


Tamerlane ambitious at Pine Point mine

Vancouver — The once-grand Pine Point mine, on the southern shore of Great Slave Lake in the Northwest Territories, is getting a test drive by Tamerlane Ventures (TAM-V), which is eying both existing and potential resources of…



StrataGold adds gold projects in Yukon

Vancouver — StrataGold (SGV-V) has struck a deal to acquire Sterlite Gold‘s (SGD-T) interest in the Dublin Gulch and Clear Creek gold projects, near Mayo, Y.T.


Financing triggers higher trading in Bema

The 7-day report period beginning Oct. 20 saw the price of gold rise US$8.15 to close at US$427.50 per oz. in the afternoon of Oct. 26 in London. During the week, gold hit a near 16-year peak; on Oct. 26, however, it fell $1.65. The gold index ro…


Metals bounce back

Despite a tough weekend, U.S. equity markets were little-changed over the report period Oct. 20-26. The Dow Jones Industrial Average was off 9.14 points at 9,888.48 and the S&P 500 rose 7.86 points to 1,111.09.



Cdn Arrow cuts nickel

Vancouver — Ongoing drilling by Canadian Arrow Mines (CRO-V) on its Alexo project, 45 km northeast of Timmins, Ont., has yielded further intercepts of high-grade nickel.


Golden Valley Mines' camp on Kenty Lake in Nunavik

Ungava a bright spot for nickel exploration

There’s still nothing like a fashionable commodity to bring out the explorers, and nickel’s ascendancy is probably the best thing that has happened to Canadian exploration since, well, the last big nickel discovery.


Northern Lion advances Haveri (November 01, 2004)

Northern Lion Gold (NL-V) has retained Roscoe Postle Associates (RPA) to help define a resource estimate of the in situ mineral resource at the Haveri gold-copper project in southwestern Finland.


Dinner to benefit hospital

Organizers of this year’s “Mining for a Heart of Gold” benefit dinner hope to raise more than the $40,000 amassed in 2003. All funds raised by the event, slated for Nov. 10 in Toronto, will go to Peter’s Hospital at Chedoke in Hamilton, Ont., a 90…



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