Metallic commodities are priced in U.S. dollars and, because of this, monetary exchange rates have a significant impact on the revenues generated by Ontario mining operations.The mineral sector analys…
Colorado-based USMX (TSE) has acquired all of the outstanding capital stock of Mega Minerals, an Ecuadorian company which holds title to eight exploration concessions in the South American country.In …
Wednesday, May 24Week’sPrice (US)ChangeGold*$382.90-$0.50Silver*$5.40+$0.02Platinum*$431.75+$3.10Nickel**$3.43+$0.12Lead**$0.28+$0.01Copper$1.29+$0.03Zinc$0.47 $0.00Courte…
The Voisey Bay nickel-copper-cobalt project has sparked the largest staking rush ever seen in Atlantic Canada, with more than 100,000 claims registered in Labrador since the discovery was announced la…
Aber Akiko GoldAltaiAmax GoldAshton Mng CanAurAurizonBarrick GoldCaledoniaCamphor VCanyonChampionChannelConquistdr Cons SamrkdContl PacfcDiamnd FldsEcho BayElectra MngFalcon…
After having sold 2.5 million units, Exall Resources (TSE) has closed its rights offering.Proceeds from the units, which consisted of one common share and one-half share purchase warrant, totalled $1….
The first quarter of 1995 marked a return to profitability for Westmin Resources (TSE).The company earned $5.25 million on revenue of $31 million during the period. Cashflow from operations jumped to …
Unable to raise additional capital, Belore Mines (ASE) has terminated a joint-venture agreement with United Reef (TSE)concerning two alluvial diamond properties in the Central African Republic.The com…
The Elenita oxide copper project in northern Chile is nowestimated to contain an in situ resource of 9.1 million tonnes grading 1.57% copper.Owner Princeton Mining (TSE) arrived at the estimate after …
Drilling on the Petaquilla concession in Panama is turning up some new discoveries for Adrian Resources (TSE).In the Nada area, the company is outlining a semi-massivesulphide zone with values of up t…
Definition drilling has enabled Cambior (TSE) and Golden Star Resources (TSE) to boost proven and probable reserves by 13.9 million grams at the Omai gold mine in Guyana.The new material, consisting o…
The Canadian media have, of late, focused attention on deferred taxes. Special interest groups and political organizations out to criticize spending cuts have targeted deferred tax balances as an exam…
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