News

Having scoured Latin America and Southeast Asia, American Barrick (TSE) has taken its first major step outside North America by buying a piece of a Peruvian project. The company has committed US$20 mi…

A second phase of drilling on the Meliadine project near Rankin Inlet, N.W.T., is expected to get under way shortly. Partners Comaplex Minerals (TSE) and Cumberland Resources (VSE) recently completed …

Shares of Manhattan Minerals have begun trading on the Toronto Stock Exchange. The company has received approval for its final prospectus, along with funds from the financing previously held in escrow…

Rea Gold (TSE) will spend $3 million in an effort to add 1 million tons of reserves to the existing 1.5-million-ton mineral inventory at the Bissett gold mine project in Manitoba. Between 1932 and 196…

Trenching at the Barite zone on Joutel Resources’ (TSE) Sierra Maestra concession in Cuba has yielded encouraging gold values. Recent sampling returned values of 0.053 oz. per ton across 131 ft. in Tr…

In the past two decades, Peter Allen has taken his father’s collection of small mining companies and turned them into a single, big-league gold player. And now Royal Oak Mines (TSE) — a company barel…

Drilling on the Kaburi-Eldorado project in Guyana has confirmed the continuation of the Hicks gold zone along strike and to depth. Cathedral Gold (TSE), which can earn up to a 90% interest in the prop…

Exploration and underground development have led to a significant increase in reserves at Antares Mining’s (TSE) Lady Lina gold project in Zimbabwe. Since Jan. 31, probable reserves and indicated reso…

By world standards, the Con mine is a premier orebody, having produced more than 4.7 million oz. gold since its startup in the 1930s. The property, situated just south of here, was first staked by Com…

London Metal Exchange Spot closing prices in $US per tonne Date July 19 July 18 July 15 July 14 July 13 Copper 2473-2474 2453.5-2454.5 2470.5-2471.5 2466.5-2467.5 2229-2230 Lead 595.5-596.5 592.5-593….

Levi Developments (LVX:VSE) has changed its name to RIS Resources International (RIZ:VSE) on a 1-new-for-6-old-share basis.

A larger-than-expected drop in the Bank of Canada key rate, coupled with a rise in the Canadian dollar, helped the TSE 300 index continue its mid-summer rally. On July 19, the TSE 300 index jumped 58….