As an example of how the diamond frenzy is beginning to rub off on exploration for other minerals, DHK Resources will raise $7.2 million, through private placements, to spend on new projects. Since Ke…
The Vancouver Stock Exchange is experiencing its strongest market in recent years, with the latest quarter showing the second-highest volume on record, and the highest since 1987. The upsurge in gold …
An advanced copper-gold deposit in Puerto Rico will be further tested this year by a drilling and metallurgical program funded by USMX (NASDAQ). The company recently acquired an approximate 50% equity…
A sharp drop in copper and potash prices in April led to a new cyclical low for the metal and mineral sub-index of the Bank of Nova Scotia’s commodity price index. Base metal prices continue to be pla…
Toronto-listed junior St Andrew Goldfields has issued four million special warrants at 80 cents each to raise $3.2 million. Each can be exchanged for one common share. Some of the proceeds will fund d…
For the first time, the Ontario Mining Association (OMA) has elected a chairman from a mining company in southern Ontario. W.R.C. (Bill) Macdonald is president and chief executive officer of CGC Inc.,…
Red Fox Minerals Ltd. — 1,000,000 shs @ 50 cents. Dorset Exploration Ltd. — 1,700,000 shs @ $18.25. CS Resources Ltd. — 3,000,000 shs issuable upon the exercise of 3,000,000 special wts @ $7.30 per…
The Canadian Geological Foundation, a non-profit organization noted for its support of education in the earth sciences, is seeking donations to help it restore documents of historical significance. It…
Three new appointments have been made to the British Columbia Mineral Tax Review Board, which hears appeals on taxes levied under the Mineral Tax Act from owners of mines in the province. The 3-year a…
At least two companies have entered into share purchase agreements with the Caratax Diamond Exploration Limited Fund, a tax-sheltered investment fund that will hold a basket of Canadian diamond explor…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 8 June 7 June 4 June 3 June 2 Copper 1198-1200 1193-1194 1255-1256 1218-1220 11…
Reflecting a long-awaited rally in the gold price, gold shares emerged as the biggest traders on the Toronto Stock Exchange in May, the second most active month in TSE history. Trading a total of almo…
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