News

A recent decision handed down by the British Columbia Securities Commission has prompted Peruvian Gold (PVO-V) and Gabriel Resources (GBU-V) to scrap their planned merger.The Securities Commission rul…

Rouyn-Noranda, Que.-based Radisson Mining Resources (RDS-M) has reported the latest results from its ongoing drill program at the O’Brien gold project in northwestern Quebec’s Cadillac Twp. Several of…

Speculation that the U.S. Federal Reserve Board may soon increase interest rates sapped some life out of the Toronto Stock Exchange 300 index, which lost 197.85 points during the report period ended A…

Gold mines belonging to Homestake Mining (HM-N) performed well in the first quarter, but not well enough to keep the company out of the red.Homestake reported a net income from operations of US$600,00…

Drilling at the Despinassy gold property, 70 km north of Val d’Or, Que., has returned encouraging results for partners Major General Resources (MGJ-V) and Cameco Gold, a wholly-owned unit of Cameco (C…

Vancouver-based Orvana Minerals (ORV-T) reports that progress is being made at its drill program on the Don Mario copper-gold deposit in eastern Bolivia.Assay results from 11 holes are “better than pr…

While many of its peers chase opportunities abroad, Leader Mining International (LMN-A) remains firm in its belief that Canada still has the best exploration potential to offer.”The Canadian Shield st…

Based on the results of recent geophysical surveys, DRC Resources (DRC-V) is planning to explore its wholly owned property in Ontario’s Timmins mining camp.Underlain by a sequence of north-south trend…

Selecting ground near known gold deposits and existing mines, African Selection Mining (AFSM.U-C) has assembled a property portfolio in West Africa. Much of the company’s ground is underlain by geolog…

Harmony Gold Mining of South Africa has purchased the Bissett gold mine from the receivers handling the bankruptcy of Rea Gold.For most of its corporate life, Harmony was a unit of Randgold. By the en…