News

Kinross augments reserves in Nevada and Timmins

Having been in operation just under a year, Kinross Gold (TSE) is well on the way to becoming one of the fastest-growing gold and silver producers in North America. Spearheading the company’s efforts …


Nuinsco: back from the brink

The future appears much brighter for Nuinsco Resources (TSE) now that it has settled its lawsuits, resolved its debt situation, obtained new financing and had its trading suspension lifted. The junior…


Central bank transactions in the gold market

In the past five years, central bank activities in the gold market have increased significantly. There are currently more than 80 central banks active in the gold market. Indeed, central banks are an …







NEWS ROUNDUP — Corner Bay options 3 properties

Toronto-listed Corner Bay Minerals has optioned three properties comprising 367 hectares in Mexico’s Sonora state. In return, the junior must pay US$65,000 cash, with the vendor retaining a 2.5% net s…


6.6-m Breakwater shares to be sold

Dundee Bancorp. (TSE) has notified the Ontario Securities Commission and the Toronto Stock Exchange of its intention to sell more than 6.6 million common shares of Breakwater Resources (TSE). The shar…


ODDS’N’SODS — Surprise on a winter’s day

A few years ago, during one unforgettable December, I was under contract to a mining company to work on claims near the Madawaska River, east-northeast of Bancroft, Ont. As assistant to Ted, the consu…


Oasis, Soquem drill gold property at Chibougamau

Both Consolidated Oasis Resources (ME) and Quebec Crown-owned Soquem are encouraged by results of a $200,000 exploration program on the Pontiac gold property near Chibougamau, Que. An induced polariza…


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