With results in hand from the final phase of infill drilling, mining analysts are awaiting a revised tonnage estimate for Corner Bay Minerals’ (bay-t) Alamo Dorado silver project in Sonora state, Mexi…
Nora Exploration (NXI-M) is poised to earn a majority interest in 1,000 sq. km of marine concessions off the coast of Namibia.To earn an initial 30%, Nora must pay South African-based Woduna Mining Ho…
Thanks to higher gold prices and greater production from the Pipeline complex in central Nevada, Royal Gold (RGLD-Q) is enjoying higher earnings.The company returned to profitability in July, after co…
Ashanti Goldfields (ASL-N) has rejected a revised takeover offer from British-based Lonmin, its major shareholder.Lonmin, which owns 32% of the Ghanaian-based miner, increased its bid of 16 shares for…
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Afriore (AFO-V) — Harvey White, executive of a company affiliated with Afri…
Partners Pangea Goldfields (PGD-T) and Minires du Nord (MDN-M) continue to report high gold values from their Tulawaka property in Tanzania’s Lake Victoria Goldfields district.Results from 15 holes i…
An agreement with a unit of Kinross Gold (K-T) sets the stage for Silver Standard Resources (SSO-V) to acquire the past-producing Candelaria silver mine in western Nevada.By issuing 50,000 shares to K…
The Dow Jones industrial average posted a modest gain of 35.48 points for the week ended Nov. 9, closing at 10,617.32. Miners were mixed with gold and copper holding steady and silver sliding.American…
Short positions outstanding at Nov. 3, 1999Larger individual positions include:Abitibi Consolidated 2,503,338, down 59,116; Alcan Aluminum 1,684,419, down 205,540; Anderson Exploration 199,298, down 8…
The Canadian Exploration Geophysicists Society (KEGS) has established a scholarship fund for students interested in pursuing studies in geophysics.The KEGS Foundation is currently raising funds for bo…
Barrick Goldstrike Mines has eliminated 86 jobs at the Betze-Post and Meikle gold mines in Elko, Nev.The company has replaced a portion of the existing 190-ton-capacity fleet with 330-ton capacity tru…
BDG Pacific Resources (BPK-V) has changed its name to Southern Nites Petroleum (SKP-V) on a 1-new-for-4-old-share basis.
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