The Dow Jones industrial average slipped 170.65 points, or 1.6%, for the week ended June 15, to close at 10,594.99.Gold companies held steady while the metal briefly sunk below US$260 per oz. It finis…
In its first venture outside Spain, Rio Narcea Gold Mines (RNG-T) is confirming the presence of high-grade gold mineralization.In October, Rio Narcea acquired an exploration licence covering the 440-s…
With results from the winter program in hand, Pioneer Metals (PSM-T) is gearing up for a summer program at its Riou Lake uranium project in northern Saskatchewan’s Athabasca Basin.Pioneer says winter …
In the west-central Bolivian department of Cochabamba, General Minerals (GNM-T) is expanding silver mineralization at its Atocha property.Tunneling into the underground target has encountered silicifi…
Drilling by Cumberland Resources (CBD-T) at its wholly owned Meadowbank gold property in Nunavut is expanding one deposit and upgrading another.Situated north of Baker Lake, the project consists of fo…
Armed with $2.3 million in its treasury, Nevada Pacific Gold (NPG-V) is advancing several early-stage gold projects, most of which are in Nevada.The Vancouver-based junior is zeroing in on the Carlin …
Frank Potter appointed director.
Junior Barramundi Gold (BAM-A) has begun a shallow, 60-hole program of core drilling at its Longline gold project in the west-central Yukon.The work is part of an attempt to reassess the resource repr…
Few mineral properties are as aptly named as Barrick Gold’s (ABX-T) Goldstrike, in Nevada’s prolific Carlin trend.The property’s two operating mines, Betze-Post and Meikle, are expected to churn out m…
In Nevada, Trend Mining (TRDM-O) has picked up 180 claims prospective for platinum group metals (PGMs).The Idaho-based junior staked the claims in Clark Cty., south of Las Vegas, along a projected ext…
The newly discovered Jordan kimberlite on the Afridi Lake property, near Yellowknife, N.W.T., has yielded lacklustre microdiamond results.Kennecott Canada Exploration recovered only four stones (two m…
Low gold prices and a mine-plan review have prompted Nelson Gold (NLG-T) to write down its investment in Zeravshan Gold, operator of the Jilau gold mine in Tajikistan.Although 1998 production increase…
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