Dismayed by the low gold price, Getchell Gold (GGO-T) has ceased processing of low-grade ore from stockpiles and issued pink slips to 100 workers at its namesake gold mine in northern Nevada.Meanwhile…
Nora Exploration (NXI-M) has increased production at its diamond concession in Namibia.Production in November topped 32 tons per hour, representing a fourfold increase over previous rates. Grade and c…
Trans Hex International (THI-T) has discontinued work at the Acordo diamond project in Brazil’s Tocantins state.The company had already earned an 80% stake in the joint-venture project from privately …
A gold panning charity event will be held from Jan. 28-30, at the Vancouver Art Gallery.All funds raised by the event will be donated to British Columbia’s Hospital Foundation. Participants in the eve…
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
A preliminary program of three diamond drill holes totalling 717 metres has been completed on the Windfall Lake base metal and gold project in northwestern Quebec.Situated 90 km east of Lebel-Sur-Quvi…
The Vancouver Stock Exchange composite index slipped below the 600 level during the report period ended Dec. 16 to close at 584.19, down 23.21 points, or 3.8%. The mining index was off 17.84 points, o…
The Toronto Stock Exchange fell 199.56 points over the trading period Dec.10-16, closing at 6,567.43 as the mining stocks and the conglomerates headed southward in moderate-to-heavy trading; but for a…
Armada Gold (AAU-T) has secured financing to continue its expansion of the Erdmin copper plant in Mongolia.The second phase of the expansion is designed to boost daily copper output to 60 from 10 tonn…
Sulliden Exploration (SUE-M) has intersected additional porphyry copper-gold mineralization at its Peruvian project known as Las Huaquillas.In the San Antonio zone, diamond drill hole 17 intersected 1…
Inco (N-T) subsidiary Voisey’s Bay Nickel has submitted its environmental impact statement (EIS) for the Voisey’s Bay mine in Labrador.The company expects the environmental review and approval process…
in Yukon mining districtViceroy Resource (VOY-T) has inked a deal with Eagle Plains Resources (epl-a) and Miner River Resources (MRG-G) whereby it can earn a 70% interest in the 29-claim McQuesten pro…
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