When you’re hot, you’re hot, and when you’re an ugly duckling, you might as well transform yourself into a beautiful swan.That seems to be the rationale behind the flurry of mining companies trying to…
Undeterred by historic low gold prices, Bema Gold (BGO-T) remains committed to developing the high-grade Julietta gold-silver project in far eastern Russia.The company has completed an in-house re-eva…
Having spent three years compiling a controlling land position in this historic district, Romarco Minerals (R-T) is now engaged in a drilling program aimed at outlining high-grade gold mineralization….
Having closed a $450,000 private placement to fund exploration, Hornby Bay Exploration (HBBY-C) has set up a 16-man camp and mobilized drilling equipment and supplies to the Mouse Lake camp near Kuglu…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 15June 14June 11June 10…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 15/99 (change from June 8 in brackets):MetalStock(tonnes)Change…
Precious MetalsPrice (US$/oz.)ChangeGold$258.90-$3.10Silver$ 5.01+$0.08…
During the summer of 1964, Ontario’s Timmins district was the site of the biggest, craziest staking boom in the world. The activity resembled the rushes of the Klondike and California, and the wild ye…
Although economic conditions in 1998 adversely affected other commodities, silver showed resilience through a turbulent year, posting its best price performance in 11 years. Its strength was largely t…
Hillsborough Resources (HLB-T) and its 63%-owned subsidiary, Quinsam Coal, have been granted creditor protection by the Supreme Court of British Columbia.In a final attempt to restructure its debt, Qu…
Shallow drilling by Birim Goldfields (BGI-T) at its Mampon gold deposit in Ghana has delineated areas of high-grade gold mineralization.The deposit is part of the Dunkwa concession. Birim had been par…
Atna Resources (ATN-T) plans to join forces with Grayd Resources (GYD-V) to explore the latter’s Dry Creek and Anderson Mountain properties in the Bonnifield district of Alaska.To earn a 51% interest …
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