News

Vancouver-based Teck (TEK-T) has exercised 1.1 million warrants at $1.93 each. The warrants were issued by Western Copper Holdings (WTC-T) as part of a private placement of units in May.Proceeds will …

Drilling and surface sampling have enabled Chesbar Resources (CBI-M) to confirm two new gold-bearing zones at its project in Venezuela’s Bolivar state.Three follow up holes were collared on the northw…

At a time when Asarco (AR-N) and Cyprus Amax Minerals (CYM-N) are completing a merger to create the world’s largest publicly traded copper company, their rival, Phelps Dodge (PD-N), has stepped…

The Toronto Stock Exchange made solid gains during the trading period Aug.18-24, with the TSE 300 composite index up 116.79 points to close at 7,169.80 — a gain of 1.7% over the five trading days.The…

The Dow Jones industrial average hit an all-time high during the report period ended Aug. 24, climbing 166.22 points, or 1.55%, to 11,283.30 on expectations that the Federal Reserve Board will boost i…

Drills have begun spinning at Munn Lake on the Black Lake diamond project, 100 km south of Lac de Gras in the Northwest Territories.Partners Island-Arc Resources (IAR-V), Kalahari Resources (KLA-V) an…

Nevada Pacific Gold (NPG-V) has begun drilling on its South Carlin property in Nevada.Initial drilling will test for gold associated with the Rain structural trend, which was projected to cross throug…

The Vancouver Stock Exchange composite index remained steady during the report period ended Aug. 24, losing only 0.71 of a point, or 0.2%, to close at 406.51. The mining index edged up 0.88 of a point…

McWatters Mining (MCW-T) has rebounded from a difficult first quarter and turned a small profit from its gold mines in Val d’Or, Que.During the 3-month period ended June 30, McWatters earned $863,511 …

Microdiamond analysis of material pulled from the NW dyke on the Camsell Lake property in the Northwest Territories indicates that microdiamond counts are constant over the area sampled.The project, s…