No one pretends it was easy. Even so, New Zealanders (or Kiwis, as they are affectionately called by their Aussie neighbors) have accomplished a remarkable turnaround from the brink of insolvency a de…
The Toronto Stock Exchange lost more ground over the trading period Nov.19-25, as an increase in the Bank of Canada’s overnight loan rate snuffed out a modest rally. The TSE 300 composite index closed…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateNov. 25Nov. 24Nov. 21Nov. 20N…
Deep drilling by Placer Dome (PDG-T) on the Samira deposit in Niger has traced the main gold-bearing zone a further 50 metres to a vertical depth of 280 metres.From the five reported holes, the signif…
British Columbia is once again an asbestos-producing province.Mineral Resources (MIC-T) has commissioned the Cassiar chrysotile asbestos project in northern B.C. Because the project was a few months l…
Nelson Gold (NLG-T) has maintained production levels at its partially owned Jilau gold mine in Tajikistan while decreasing its losses in the third quarter.The company is also a partner in the Taror co…
Colorado-based Stillwater Mining (SWC-X) plans to drive an 18,500-ft.tunnel to provide exploration access to the J-M reef at its East Boulder project, 13 miles west of its namesake mine near Nye, Mont…
Work in northern Yemen by Canadian Mountain Minerals (CYM-A) and Goldtex Resources (GXR-A) is proving to be a successful demonstration of the use of heavy-mineral concentrates to provide effective geo…
Rio Narcea Gold Mines (RNG-T) has boosted reserves at its Spanish properties by almost one-third.The properties, which are centred in the northwestern region of Asturias, now contain total proven and …
Canarc Resource (CCM-T) has formed a partnership with a major mining company at its Benzdorp property in Suriname, South America.Placer Dome (PDG-T) can earn a 51% interest in the South American prope…
Golden Phoenix Minerals (GPXM-O) has picked up two more volcanogenic massive sulphide prospects in the Bonnifield district, south of Fairbanks, Alaska.The company staked claims covering 3.5 sq. miles …
Drilling by McWatters Mining (MCW-T) at its Sigma gold mine in Val d’Or, Que., has confirmed a 580-metre vertical extension of vein 46.Hole 17112, drilled from level 37 at a depth of 1,580 metres, int…
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