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NEWS ROUNDUP — Canarc alters merger plans

Following their failure to receive court approval for a 3-way merger with Rembrandt Gold Mines (ASE), Canarc Resource (VSE) and Suntac Minerals (VSE) plan to proceed with a 2-way merger. As in the pre…



EDITORIAL PAGE — Time to move on

This, our political leaders would have us believe, is the best they can do. The Charlottetown Accord — successor to the failed Meech Lake Accord — is the latest attempt to “renew” the Canadian Const…



Cheni hits high-grade at Lawyers

Drilling on the Lawyers property owned by Cheni Gold Mines (TSE) has intersected some spectacular high-grade gold and silver values on a newly discovered quartz-chalcedony vein. Results from a recentl…





Commodity index shows decline

The metals and minerals sub-index increased but the all-items commodity price index of Scotiabank dropped in July by 1.4%, the index’s second consecutive monthly decline. Higher base metal and gold pr…


European currency turmoil lifts gold mining issues

Gold emerged as a winner during the week ended Sept. 15, jumping US$4 to US$345.70 per oz. in New York as mayhem gripped European currency markets. Shaken by the volatility that followed a half-a-perc…


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