The Vancouver Stock Exchange’s Composite and Resource indices continued their slide this week as gold held above the US$360 level. The Composite Index fell 20.27 points to 769.63 while the Resource In…
Investors reacted strongly to news that Black Gregor Explorations is planning a 20,000-ft. drill program on its Hemlo Gold property near Marathon, Ont. During the week ended July 10, 164,000 company s…
Options Open Series Volume Last Interest Nov. 370 C 162 15.00 526 Nov. 380 C 167 9.50 Nov. 390 C 70 6.50 340 Aug. 350 C 84 16.00 Aug. 360 C 70 9.00 290 Aug. 380 C 26 2.00 739 Aug. 370 C 43 5.00 596 No…
The following is excerpted from The Gold Monitor, a newsletter published by M. Murenbeeld & Associates of Victoria, B.C. In constant dollar terms, gold is now cheaper than at any time since early 1978…
A letter of intent to acquire up to 100% of the outstanding shares of Antioch Resources of Spokane, Wash., has been signed by Nevada Goldfields (TSE). Terms of the share-exchange agreement and share-e…
The government of Mexico will leave the Cananea SA copper mine up for sale, following a judge’s rejection of a recent $468-million bid by a consortium of mining companies. The bid by Cupriofera Canane…
Sometimes it seems you can’t do anything right. Consider Falconbridge Ltd.’s latest public relations coup. The company surrendered its interests in the Baie Fine industrial mineral deposit largely bec…
In light of the soaring price of rhodium, La Fosse Platinum (TSE) has re-evaluated core from its Villebon nickel-copper-platinum prospect east of Val d’Or, Que. Results include rhodium values of up to…
The transfer of ownership in the Flat gold property will result in Oregon Resources (VSE) owning 100% of the Alaskan project where it intends to spend about US$1.5 million on exploration over the next…
Asarco (NYSE) will increase its domestic selling price of electrolytic copper cathodes by 5 cents to $1.30 per lb. Asarco is one of the world’s leading integrated producers of nonferrous metal includi…
The British Columbia Ministry of Energy, Mines and Petroleum Resources has released an 11-part code covering health, safety, and reclamation in the mining industry. The Health, Safety, and Reclamation…
Spectacular assay results over impressive widths are being reported by Newhawk Gold Mines (TSE) from a new precious metals discovery on its 60% owned Sulphurets property north of Stewart, B.C. The rem…
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