News

A 22-metre intercept from hole CTD-111, part of a drilling program at the Cerattepe property in Artvin province in northeastern Turkey, assayed 3% copper, Cominco Resources International (TSE) announc…

A 6-month development effort by St. George Metals (VSE) is starting to open a new target area of potential reserves along the Pittsburgh vein at the Dean underground mine in Nevada’s Battle Mountain d…

A letter of intent to participate in a peat fuel pilot plant project northwest of Thunder Bay, Ont., has been signed by the Lac des Mille Lacs First Nation with Peat Resources (CDN). The first step in…

Spurred on by a slight increase in the gold price, the Toronto Stock Exchange’s gold and silver index jumped 146.3 points to 5293 today (Dec. 16). Gold added $US2.40 to close in London at US$337.30 pe…

Week’s Price (US) Change Gold* $334.90 + $1.50 Silver* $ 3.71 $0.00 Platinum* $362.75 – $0.75 Nickel** $ 2.60 + $0.07 Lead** $ 0.21 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…

The vice-chairman of Echo Bay Mines (TSE), John Zigarlick, has retired after 24 years with the gold-silver producer. Zigarlick, president of Echo Bay from 1977 to 1991, was named Mining Man of the Yea…

British Columbia Labour Minister Moe Sihota is warning that violence could break out in the province’s East Kootenay district if Fording Coal hires Albertans to fill jobs formerly held by Elk Valley r…

Contrary to a widely held industry belief, Ontario is committed to the mining industry. At least that is the message delivered by the provincial government at the Ontario Mines and Minerals Symposium …

Drilling on the Piedras Verdes copper-oxide project in southern Sonora, Mexico, recently encountered a new high-grade zone of copper mineralization adjacent and to the west of the Main zone. Owner Azc…

In an attempt to bring inventories in line with demand, much of the Western World’s heavy industry is planning extra-long shutdowns during the normally slow Christmas and New Year’s period. Along with…

Delegates to the recent Northwest Mining Association convention were given a whirlwind “tour of the world” in three days without having to leave their comforts here. Following the theme “New World of …

Midway through a runup in the price of Gerle Gold (VSE) shares, director William Wolodarsky sold about a third of his stake in the junior diamond explorer. According to the Ontario Securities Commissi…