Homestake advances Ruby Hill
In just three short years, Homestake Mining (NYSE) has developed a geological inventory of about 1.6 million oz. gold within a district previously known for its silver and base metal mineralization. H…
In just three short years, Homestake Mining (NYSE) has developed a geological inventory of about 1.6 million oz. gold within a district previously known for its silver and base metal mineralization. H…
CDN-listed Birim Goldfields has taken over Exroy Resources, a private company. The shareholders of Birim exchanged all their securities in the company for treasury common shares and warrants of Exroy….
Strengthening bond markets had a negative impact on the Toronto Stock Exchange over the 5-day reporting period ended Oct. 25. The composite 300 index dropped 73.19 points to end the week at 4,242.77. …
In an attempt to diversify, Argosy Mining (VSE) has formed a joint venture with Fleck Resources (VSE) to acquire a 60% interest in the Dunka Road copper-nickel deposit in Minnesota. To do so, Argosy m…
Nickel giant Inco has a new value-added product: nickel foam. In the research phase for the past two years, nickel foam has been under development at Inco’s Copper Cliff refining nickel circuit in nor…
Unionized workers at Hemlo Gold Mines’ Golden Giant operations in northwestern Ontario have rejoined the United Steelworkers of America. In June, the workers voted to decertify the union. In the lates…
Fidelity Management and Research, on behalf of several investment companies and institutional clients, has bought Agnico-Eagle (TSE) common stock. As a result, the Fidelity group now holds 12.3% of Ag…
Toronto-listed Jordex Resources has augmented its South American holdings by acquiring, through a wholly owned subsidiary, two concessions in the central Brazilian Shield. The Pontes E Lacerda concess…
Six senior officers of Golden Star Resources (TSE) were granted options in September. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Carlos Bertoni was granted 25,000 op…
By acquiring the 2,800-hectare Baramita gold property, Canarc Resource (VSE) can increase substantially its holdings in the Guyana Shield. To do so, it must spend $700,000 exploring the property, situ…
A first phase of drilling is under way at the T’Boli gold prospect on the Philippine island of Mindanao. Chase Resource (TSE) has a 40% interest in the company that owns the project, and holds an opti…
Following a summer drill program, Canmine Resources (ASE) has calculated a reserve figure for the Island zone on its Fer polymetallic property near Flin Flon, Man. Based on an area of influence of 50 …
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