The Vancouver Stock Exchange composite index gained 1.07 points, or 0.2%, to finish the week ended May 11 at 451.24. The mining index, meanwhile, lost 4.10 points, or 1.27%, to close at 317.49.The com…
Teck (TEK-T) is issuing $150 million of new equity through an offering of 10 million units priced at $15 each.The financing is a bought deal by a syndicate led by First Marathon Securities and RBC Dom…
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Shareholders of Winspear Resources (WSP-V) have overwhelmingly approved plans to spin off all of the company’s early-stage exploration assets into a new company called Diamondex Resources. Winspear wi…
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Australian-based Lafayette Mining is proceeding with a preliminary feasibility study at the Rapu Rapu polymetallic project in the Philippines.The company heads up a group that can earn a 75% interest …
Miners in North Dakota are the best-paid in the U.S. coal industry, according to a study by a Spokane, Wash.-based engineering firm.Western Mine Engineering found that miners at the state’s four large…
The Dow Jones industrial average climbed 140.04 points, or 1.3%, to 11,026.15 during the report period ended May 11.Heavy trading marked the week as the bottom fell out of the gold price after the Bri…
With results in hand from a bulk-sampling program, Gammon Lake Resources (GAML-C) is gearing up for a 1,000-metre drilling program at its Brenda mine property in Mexico’s Chihuahua state.Earlier this …
The following is the third in a series of articles in which the author, an exploration geologist based in Delta, B.C., recounts his experiences working in the jungles of Venezuela in the late 1980s an…
Canadians and Americans are different in one major way, a visiting foreign businessman once observed. South of the 49th Parallel, the American Dream — the notion that Joe Average can become Top Dog t…
A New Hampshire group calling itself the Gold Anti-Trust Action Committee (GATA) has retained the Philadelphia law firm Berger & Montague to help it investigate allegations of manipulation in the gold…
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