The Vancouver Stock Exchange composite index lost 4.97 points, or 1.2%, to close the week ended July 27 at 418.77. The mining index dropped 5.69 points, or 2%, to close at 273.74.Meanwhile, the combin…
During the July 21-27 report, gold took a baby step back from oblivion, gaining $1.10 to hit US$254 per oz. on the London morning fix of July 28.Each of Canada’s three biggest gold producers posted ga…
Second-quarter profits were down for Rio Algom (ROM-T), but the company continued to boost copper production and reduce mining costs.For the three months ended June 30, the Toronto-based major recorde…
Improved performances at eight gold mines propelled Australian major Normandy Mining (NDY-T) to new production records for its recently completed fiscal year.For the year ended June 30, Normandy produ…
Production difficulties related to an expansion program at its namesake mine in Montana has forced Stillwater Mining (SWC-X) to record a loss for the second quarter of the year.The company intended to…
During a recent golf outing, I was asked how long I had been playing and what got me interested in the game. I replied that I was introduced to golf in a rather unusual fashion.Back in 1969, we were p…
A tidewater diamond discovery in northern Quebec’s Ungava region has caught the eye of Twin Gold (TWG-T), a junior best known for its Atlanta gold project in Idaho.Twin Gold intends to test a dozen Gr…
Placer Dome (PDG-T) and partner Corporacion Venezolana de Guayana have halted construction of the Las Cristinas gold mine in Venezuela as a result of dismal gold markets.The site will be put on care a…
Manitoba has joined the Northwest Territories, British Columbia, Alberta, Saskatchewan, Newfoundland and New Brunswick in passing legislation requiring geologists to be registered professionally.The n…
Junior Orezone Resources (ORZ-M) has received more encouraging results from reverse-circulation drilling at its Kerboul gold property in northern Burkina Faso.Eight holes sunk in the Kerboul South z…
Zero-emmission power generation has long been the Holy Grail for environmentalists, industrialists and legislators. Increasingly tough pollution standards are the product of enormous pressure for chan…
The Vancouver Stock Exchange composite index lost 5.87 points, or 1.37%, closing the week ended July 20 at 423.74. The mining index lost 8.55 points to close at 279.43.The combined value of the Albert…
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