Higher gold and copper production by Teck (TEK-T) were offset by lower prices during the first quarter, resulting in a decrease in earnings.The company reported a profit of $15 million (or 16 cents pe…
The only gold at the Busang property in Kalimantan, Indonesia, was the gold someone put there.With that conclusion, a technical audit on the exploration program at Busang administered the coup de grce…
The British Columbia Supreme Court has dismissed an application by two native bands intent on halting operations at the Kemess South gold-copper mine, owned by Royal Oak Mines (RYO-T).The Tsay Keh Den…
While Canadian drillers have prospered over the past year, thanks in equal measure to hot domestic projects, such as Voisey’s Bay in Labrador, and exploration in foreign jurisdictions, prospects for t…
Eugene Setka appointed director and elected chairman.
Brad Blacketor appointed chief financial officer.
Shareholders of both Santa Fe Pacific Gold (GLD-N) and Newmont Mining (NEM-N) have expressed their overwhelming support for a proposed merger.During a special meeting, both groups of shareholders met …
A claim dispute regarding the Northwest Territories Diamonds project has been resolved.Australian mining giant Broken Hill Proprietary (BHP) has signed two separate agreements with its partners in the…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 6May 5May 2May 1April 30…
Toronto-based Breakwater Resources (BWR-T) will soon have a third wholly owned zinc operation in production — the resuscitated Caribou project in northern New Brunswick.At the company’s annual meetin…
The Vancouver Stock Exchange composite index was down less than 1% for the report period ended May 6, slipping 9.84 points to close at 1,012.85. The resource index shed 32.01 points, or 1.7%, to finis…
Jonathan Challis appointed senior vice-president.
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