The discovery of high-quality diamonds has prompted Toronto-based Twin Gold (TWG-T) to expand further its land position in the Torngat Mountains of northwestern Quebec.Two newly granted exploration pe…
Orvana Minerals (ORV-T) has raised US$1 million to finance development of the Don Mario gold property in eastern Bolivia. In return, the company has granted a 3% net smelter return royalty to Repadre …
Major General Resources (MGJ-V) has sold its Hammerdown-Rumbullion gold resource in Newfoundland to privately held Abiting of Val d’Or, Que.Situated near Springdale, the project has a resource of 600,…
Led by the industrial products and utilities sectors, the Toronto Stock Exchange 300 index climbed 77.26 points during the report period ended Nov. 9, closing at 7,292.58. Metal producers fared poorly…
Short positions outstanding at Nov. 3, 1999Larger individual positions include:Abitibi Consolidated 2,503,338, down 59,116; Alcan Aluminum 1,684,419, down 205,540; Anderson Exploration 199,298, down 8…
The Dow Jones industrial average posted a modest gain of 35.48 points for the week ended Nov. 9, closing at 10,617.32. Miners were mixed with gold and copper holding steady and silver sliding.American…
Ashanti Goldfields (ASL-N) has rejected a revised takeover offer from British-based Lonmin, its major shareholder.Lonmin, which owns 32% of the Ghanaian-based miner, increased its bid of 16 shares for…
It has been only three decades since the first environmental laws were enacted. While most experts believe the laws have increased the quality of our lives, various debates over the resulting costs an…
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Afriore (AFO-V) — Harvey White, executive of a company affiliated with Afri…
With results in hand from the final phase of infill drilling, mining analysts are awaiting a revised tonnage estimate for Corner Bay Minerals’ (bay-t) Alamo Dorado silver project in Sonora state, Mexi…
Kenneth Darke, who helped discover the huge Kidd Creek base metal deposit near Timmins, Ont., has died following a long battle with cancer. He was 66.Born in Trail, B.C., Darke obtained a geological e…
Two equity offerings by Apex Silver Mines (SIL-X) have raised a combined US$97.1 million, to be put toward construction of the San Cristobal project in Bolivia.In early November, the company announced…
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.