News

Amera tests system at Mogote

Vancouver — A first phase of drilling by Amera Resources (AMS-V) has expanded the potential of a copper-gold porphyry system at the Mogote project in Argentina’s San Juan province.



Test mining at Fenelon property (May 17, 2004)

Development began with a blast in early April on the 5213 “E” stope at the Fenelon gold project in northwestern Quebec. International Taurus Resources (ITS-V) and Fairstar Explorations (FFR-T) intend to test-m…


Revenue up, earnings down for Fording (May 17, 2004)

Vancouver — Calgary-based Fording Canadian Coal Trust (FDG-T), a continuation of predecessor Fording, posted net income of $10.7 million in the recent first quarter, plunging from $147.3 million a year earlier.


Quadra secures contract miner

Vancouver — An agreement with the Washington Group has allowed Quadra Mining (QUA-T) to secure contract-mining services and equipment for its wholly owned Robinson copper mine project, near Ely, Nev.



Copper Ridge drills Quitovac

Vancouver — A 1,200-metre drill program is testing the Quitovac gold project in Mexico’s Sonora state. The project is held jointly by CastleRock Resources (CRI-V) and Copper Ridge Explorations (KRX-V).


Fears cripple Toronto Stock Exchange

With the May 5-11 report period dominated by headlines heralding impending interest rate hikes, China’s decision to try to slow its sizzling economy, and soaring oil prices, one could hardly fault investors for bolting for the doors. And bolt they…


Tambo Grande goes to arbitration

Vancouver — Last year was not kind to Manhattan Minerals (MAN-T). The Vancouver-based junior posted a net loss of US$60.7 million, reflecting a US$59.2-million writedown of the stalled Tambo Grande gold-silver-copper-zinc-lead…



New zone at Essakan

Results continue to expand the resource at the Essakan gold property in Burkina Faso, West Africa. Orezone Resources (OZN-T) is the operator, while Gold Fields (GFI-N) is earning a half-interest in the 1,450-s…



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