News

New Guinea Gold (NGG-V) has begun diamond drilling on the Kabang prospect, part of the Feni project in Papua New Guinea.The Feni project comprises about 81 sq. km on the islands of Ambitle and Babase….

The Vancouver Stock Exchange composite index lost 7.92 points, or 2%, to close at 384.69 over the holiday-shortened report period ended Oct. 13. The mining index edged down a notch, losing half a poin…

Industrial minerals producer Zemex (ZMX-N) has declared a stock dividend.Shareholders of record on Oct. 19 will receive one additional share for every 50 shares held, payable on Nov. 2. Zemex has abou…

Aiming to increase its exposure to Canadian equity markets, U.S.-based Nord Pacific (NPF-T) has changed its corporate domicile to New Brunswick from Bermuda.Shareholders have already approved the chan…

Toronto-based Regal Goldfields (REGL-C) can earn a 75.5% interest in the Touquoy gold project 60 km northeast of Halifax.Work to date by project vendor Moose River Resources has defined an indicated r…

The shine was off the precious metals this past week, with gold dropping $2.25 to US$296.60 per oz., platinum slumping $5.50 to US$340.50 per oz., palladium slipping $5 to US$276 per oz. and silver sl…

Production at the Cayeli copper-zinc mine in Turkey has been suspended as a result of a miners’ strike.Inmet Mining (IMN-T), which owns a 49% equity interest in the mine’s owner, Cayeli Bakir Isletmel…

Drilling at the Jiawula polymetallic deposit in the Inner Mongolia region of China continues to confirm mineralization in the advanced No. 2 vein.Junior Naneco Minerals (NNE-A) is targeting the zone i…