News


Forward sales boost Falco earnings

Metal prices help those who help themselves, especially when a producer can beat the spot market prices through forward selling. Such is the case with Falconbridge (TSE), which realized prices slightl…


Echo Bay, TVI sign Kingking deal

Senior explorer Echo Bay Mines (TSE) and comparative upstart TVI Pacific (ASE) can acquire jointly the Kingking porphyry copper-gold deposit in the Philippines.The Kingking porphyry, situated on the i…



Hemlo freezes output at Golden Giant

At the Golden Giant mine near Marathon, Ont., fracturing of wall rock at the 700-metre level of the production shaft has led Hemlo Gold Mines (TSE) to suspend operations until the situation is remedie…


Abacus adds up results from Niblack

Further assay results are reported from the historic mine area at the Niblack massive sulphide project in southeastern Alaska.Abacus Minerals (VSE) reports that hole 66 intersected four distinct miner…




Drills turning at Copper Mountain

An 8,000-ft. reverse-circulation drilling program is under way on the Copper Mountain property in Mineral Cty., Nev. Mina Resources (VSE) can earn a 51% interest in the property from Cactus West Explo…


Ecuadorian doubles its gold resource at Gaby

The Gaby gold porphyry property in Ecuador appears to contain far more gold than owner Ecuadorian Minerals (TSE) had thought.Following a definitive evaluation of data from more than 22,000 metres of r…


Canyon clears hurdle with Briggs

The Interior Board of Land Appeals has denied a request for a stay of the U.S. Bureau of Land Management’s (BLM) permit for the Briggs project in southeastern California.In July, the BLM approved the …


Prime reaps profits at Eskay

With its high-grade Eskay Creek mine in British Columbia up and running, Prime Resources Group (TSE) is starting to post handsome profits.For the quarter ended Sept. 30, Prime earned $9.5 million; for…


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