The upward trend in share prices continued during the week ended April 2 as interest rates dropped to 10.75% and investors placed their bets on an early end to the economic recession. While Januarys 1…
The week ended April 2 proved relatively quiet with the VSE composite index adding about 10 points to finish at the 580 level. The resource index slipped 3.4 points to close at 574.24. Gold remained l…
The board of directors of QPX Minerals (TSE) is recommending shareholders accept a recent offer by Rea Gold (TSE) to purchase any and all outstanding QPX shares. Rea Gold offered one Rea Gold common s…
Decades before Skyline Gold (TSE) starting mining gold at Johnny Mountain, the Iskut River region of northwestern British Columbia was intermittently examined by various mining companies interested in…
As concern for the environment increases, mining companies are becoming increasingly uncertain as to what they are required to do before they can obtain mining permits, the Prospectors and Developers …
International Azora Minerals Inc. (IAZ:VSE) has changed its name to Power Battery Holdingss Corp. with no consolidation of capital. The new company will have no further interest in mining.
Consolidated Parklane Resources Inc. (PK:VSE) has changed its transfer agent to Pacific Corporate Trust Co.
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 2 April 1 March 29 March 28 March 27 Copper 1394-1295 N/A N/A 1405-1406 1390-1…
At least 1,500 claims have been staked in the Sewell Brook area of north-central New Brunswick since the discovery of a massive sulphide lens there last fall. As drilling on NovaGold Resources’ (TSE) …
Kelso Resources Ltd. (KLS:VSE) has changed transfer agents to Pacific Corporate trust Co.
Infill drilling at the Louvicourt Twp. massive sulphide project of Aur Resources (TSE) and Societe Miniere Louvem has resulted in a slight increase in undiluted preliminary reserves. But otherwise the…
The week ended April 2 saw the price of gold bullion remain sluggish at US$359 per oz. as the yellow metal continued to suffer from a lack of speculative demand. Despite the lacklustre gold price, Gol…
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