Black gold offsets red ink for Teck
Vancouver — Low zinc and copper prices, combined with lower production at the company’s refineries, took their toll on Teck Cominco (TEK-T) in the third quarter. However, the diversified miner manage…
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Ottawa left with bill for northern cleanup
Abandoned mines in Canada’s far north are polluting the tundra, and fixing the problem could cost the federal government $640 million, according to federal documents.One of the largest environmental t…
SouthernEra sees potential at Sue
Encouraged by the microdiamond results from this past year’s drilling on the Sue kimberlite pipe at the Yamba Lake project in the Northwest Territories, SouthernEra Resources (SUF-T) will test about a…
Rio Narcea picks up new zone at El Valle (November 11, 2002)
Exploration drilling by Rio Narcea Gold Mines (RNG-T) in the main pit at the El Valle gold mine in the Asturia region of northwestern Spain has intersected a new zone of gold mineralization at depth, …
Higher gold price buoys Toronto market
The Toronto Stock Exchange Composite Index yo-yoed itself 69.28 points higher during the Oct. 30-Nov. 5 report period, ending the week at 6,399.64 points.Gold peaked mid-period at US$319.85 per oz. in…
Trading Summary (November 08, 2002)
Toronto stocks edged 5.59 points higher to end the week at 6,390.01. The gold index slid 3 points to 180.36 despite…
Stellaria yields more diamonds
Vancouver – A 110.7-kg sample collected by Ashton Mining of Canada (ACA-T) has returned 67 diamonds from the Stella…
Nalunaq ore headed south
A recently signed memorandum of understanding with Richmont Mines (RIC-T) outlines the terms of a custom milling de…
Nevada Star samples MAN
Vancouver — Nevada Star Resource (NEV-V) has tabled results from its surface sampling program carried out during t…
McClean Lake safe for now
The Federal Court of Appeal has granted a stay of an earlier decision by the Trial Division of the Federal Court of…
Drilling commences on the Island Pond
Vancouver — Candente Resource (DNT-V) and Cornerstone Capital Resources (CTP-V) will commence a 15-hole drill pro…
Rio Narcea post Q3 earnings
Rio Narcea Gold Mines (RNG-T) has posted higher third-quarter earnings thanks to increased gold production and impr…