Vancouver-based Westview Resources (VSE) is funding a 10,000-ft. diamond drilling program this summer on what it considers to be a new “Lupin-type” gold deposit on the REN property in the Northwest Te…
Toronto-based Tandem Resources (ME) has arranged for a flow-through private placement of $250,000 with CMP 1990 Resource Partnership and Co. The placement is priced at the lesser of 30 cents or 95% of…
A market rally sparked by renewed optimism over the U.S. economy appeared to gain some momentum today, May 30. The composite 300 stock index, which represents a wide measure of Canadian share values, …
Week’s Price (US) Change Gold* $365.70 + $2.45 Silver* $5.13 + $0.03 Platinum* $496.50 — $6.75 Nickel** $3.83 + $0.05 Lead** $0.38 + $0.00 Copper- $1.18 + $0.05 Zinc $0.79 — $0.00 Courtesy of Scotia…
A recently completed exploration program on the Porcher Island gold property held by Cathedral Gold (TSE) appears to have prompted the company to look for a partner. .TLast year’s program was designed…
Lower operating costs at Breakwater Resources’ (TSE) El Mochito polymetallic mine in Honduras contributed to higher first-quarter earnings for the Vancouver-based company. Breakwater, which is attempt…
The viability of the Quintette coal mine, 50% owned by Denison Mines (TSE), has been put into question by an arbitration panel’s ruling. The price received by Quintette for metallurgical coal will dro…
Shares of base metal explorer Bonanza Metals moved up 10 cents to 55 cents on thin volume of 8,000 shares during the report period ended May 29. The company has been focusing most of its recent effort…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 29 May 28 May 25 May 24 May 23 Copper 1580-1582 Closed N.A 1603-1604 1586-1588 L…
Evidence is building that a large- tonnage, low-grade, open pit gold- copper-silver deposit may be shaping at the Moss Lake project of Central Crude (TSE) in the Shebandowan area, 70 miles west of Thu…
I am not renewing my subscription after more than 20 years as my “ore” zone is depleted, and no “new exploration” is anticipated. No new financing, either. I’ve always been interested in the mining sc…
The Mines Gaspe division of Noranda (TSE) says it plans to proceed with the development of a new copper deposit at the company’s mining operation near Murdochville, Que. Development of the new orebody…
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