The latest results from the Holloway project indicate that the Lightning zone, which has been characterized by consistently strong widths and grades since its discovery in 1989, may be coming to a dra…
A drop in gold prices as well as a decrease in ore grade pushed Piedmont Mining (NASDAQ) into a US$394,000 loss for the first quarter ended March 31. Piedmont reported net income of US$406,000 in the…
After-tax proceeds of about $2.4 million were realized by Cominco (TSE) from the recent sale of its 40% shareholding in Cominco Binani Zinc, a company which operates a zinc smelter in southern India. …
The stock market rallied during the week ended May 28, with the market portfolio jumping by 32.6 points and the mining and minerals index climbing by 44.7 points. Daily trading volumes ranged between …
Brian Koehn and George Graham appointed directors succeeding Luke Manicaros who resigned.
Planning to launch a second drilling phase on each of three gold properties, Golconda Resources traded heavily in the week ended May 28, gaining 18 cents to close at 60 cents. The Calgary-based explo…
American Barrick Resources (TSE) and Newmont Mining (NYSE) are discussing the possibility of marrying their vast gold producing assets into a single entity that analysts say will be the world’s larges…
The VSE remained relatively stable during the week ended May 28. The composite index was virtually unchanged at the 560 level while the resource index staged a rebound to finish at 518.8, up by 13.7 p…
Gold producer St Andrew Goldfields (TSE) has written down the value of its producing and non-producing mining properties, and written off related development, preproduction and exploration costs, for …
A number of Atlanta Gold (TSE) insiders recently took advantage of the recent price rally sparked by an agreement that gives Newmont Mining (TSE) the option to earn 51% of Atlanta’s Elmore silver proj…
The Western world mine supply of gold rose to a new high in 1990, but the rate of growth was less than in 1989, indicating total world supply may soon be levelling off. London-based Gold Fields Miner…
After more than two decades at the Kidd Creek mine, Eric Belford’s recent reassignment as vice-president and general manager of Falconbridge Ltd.’s Sudbury division has meant an entirely new focus for…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.