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.
Following the sale of its La Camorra gold mine in Bolivar state, Venezuela, Monarch Resources (MRE-T) is casting about for business opportunities.Monarch sold La Camorra and its exploration properties…
Drilling at the Lac Rocher property in northwestern Quebec is following up on a nickel discovery by Nuinsco Resources (NWI-T).The initial target of the current program is Anomaly A, an untested mafic-…
Led by the industrial products and utilities sectors, the Toronto Stock Exchange 300 index climbed 77.26 points during the report period ended Nov. 9, closing at 7,292.58. Metal producers fared poorly…
Major General Resources (MGJ-V) has sold its Hammerdown-Rumbullion gold resource in Newfoundland to privately held Abiting of Val d’Or, Que.Situated near Springdale, the project has a resource of 600,…
Showing an improvement over the second quarter, Battle Mountain Gold (BMG-N) nonetheless incurred a net loss of US$14 million (or 6 cents per share) in the 3-month period ended Sept. 30.By comparison,…
Wrapping up a major exploration campaign, junior gold miner Aurizon Mines (ARZ-T) has delineated a 1.65-million oz. gold resource at its Casa Berardi project, in northwestern Quebec.Total measured and…
Commissioning of the US$1.4-billion Los Pelambres mine in Chile is under way.British-based owner Antofagasta Holdings reports that ore is being fed into the concentrator, and copper concentrate is exp…
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