Canada’s junior exchange finished the trading week ended Sept. 12 flat, with losses in the technology index offset by gains in the mining and oil and gas sectors. This is a reversal of the trend at th…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 12/99 (change from Sept. 5 in brackets):MetalStock(tonnes)Change…
With a bankable feasibility study in hand, Summo Minerals (SMA-T) plans to raise US$57 million to build a mine at its Lisbon Valley copper project in southeastern Utah.The property is fully permitted …
A Peruvian mining company has set its sights on a silver-gold property held by Minera Andes (MAI-V) in Santa Cruz province of southern Argentina.Lima-based Mauricio Hochschild & Compania recently sign…
Once results from a 25-hole drill program are in hand, Fortune Minerals (FT-T) expects to release an updated resource estimate for the Nico cobalt-gold-bismuth deposit 160 km northwest of Yellowknife,…
For the first time in years, the Voisey’s Bay region of Labrador is showing signs of life other than caribou herds sweeping by in search of forage.Local communities are buzzing with news that the gove…
The report period Sept. 6-12 was not a kind one for the Toronto Stock Exchange. The 300 composite index lost nearly 1,000 points as it fell below the 11,000-point mark on Sept. 8. Despite the poor per…
DateSept. 12Sept. 11Sept. 8Sept. 7Sept. 6HighLowTSE 30010557.0310682.1310819.7911061.6311150.7011401.976717.51Mines & Minerals3652.033672.343651.993627.7736…
Noranda (NOR-T) has raised its hostile takeover offer for Rio Algom (ROM-T) by $3 to at least $27.50 in cash per share.This revised offer trumps Billiton’s all-cash offer of $27 per share, w…
A recent agreement with Aber Diamond (ABZ-T) allows Wolfden Resources (WOLF-C) to boost its stake in the High Lake base metal deposit, 45 km south of Coronation Gulf, Nunavut.Once this acquisition and…
The Mining Association of Canada (MAC) recently told federal, provincial and territorial mines ministers that it is stepping up efforts to improve energy efficiency and reduce greenhouse gas emissions…
If you think drilling core from a comet travelling in space sounds like science fiction, you’re probably not alone. But Darryl Lake, chief executive officer of the Northern Centre for Advanced Technol…
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