News

Derivatives revolutionize gold markets, says author

Timothy Green, author of The World of Gold, has kept a close eye on gold markets for much of the past three decades. That was a relatively easy task years ago, he says, when it was a straightforward p…


Ridgeway deal nixed

The Ridgeway gold mine in South Carolina is back on the auction block following the announcement that Kinross Gold (TSE) and Kennecott Minerals have terminated their negotiations. In October, Kinross …


Eldorado boosts La Colorada tonnage

Development drilling at La Colorada mine property near Hermosillo, Mexico, is proving successful for owner Eldorado (TSE). The proven and probable mineral resource is now estimated at 12 million tons …


EDITORIAL PAGE — Chretien and Team Canada

Canadians are experiencing something they have not felt for some time — widespread approval for an initiative launched by the prime minister. Jean Chretien’s recent trade mission to China was much mo…


More copper-gold at Lorraine property

Drilling on the Lorraine property in north-central British Columbia continues to return copper-gold intersections. Lysander Gold (VSE) is acquiring a 100% interest by spending $100,000 and issuing 200…




COMMENTARY — The growing demand for nickel

In its weekly “Metals” report, Billiton Metals comments on the nickel market and the metal’s recent wide trading band and price rebound: Speculative activity was partly responsible for nickel’s renewe…


CRS draws up research plans

The Centre for Resource Studies (CRS) at Queen’s University in Kingston, Ont., has become leaner and more focused in its research. During the past year, in order to free up funds for research, CRS has…


Thunderwood explores Buchans

Geophysical and soil geochemical surveys are in progress on the Buchans base metal property in west-central Newfoundland. Current owner Thunderwood Resources (TSE) reports that the property hosted the…


Santa Fe acquires Bob Creek play

New York-listed Santa Fe Pacific Gold is set to acquire the Bob Creek gold property in Nevada’s Eureka Cty. To do so, it must spend at least US$150,000 on exploration over the next 12 months, and prog…


Inco advances McCreedy East

Nickel giant Inco (TSE) is moving ahead with plans to advance McCreedy East, its largest undeveloped nickel-copper deposit in Ontario’s Sudbury Basin, to the production stage. The first phase of devel…


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