Bruce McDonald has kept a low profile since selling Noramco Mining (TSE) and its portfolio of junior companies to Breakwater Resources (TSE) several years ago. As it turned out, Breakwater had to writ…
A 24-hole, second-phase program completed on Freewest Resources’ (TSE) Benoit gold property northeast of Rouyn, Que., has yielded a preliminary reserve estimate of 3.3 million tons grading 0.076 oz. g…
After signing an exploration agreement with the Tanzania government, Sutton Resources (VSE) announced it is negotiating with a multinational major mining company to work jointly on part or all of its …
A continuing drilling program at the Fish Lake property southwest of Williams Lake, B.C., has doubled the width of what is already a huge copper-gold porphyry system. The property is managed by Taseko…
American Barrick Resources (TSE) Chairman Peter Munk recently invested almost $6 million to exercise an option to purchase one million shares of Barrick’s oil refining affiliate Horsham (TSE). Munk al…
More diamond drilling is under consideration for the large-tonnage, low-grade Moss Lake gold deposit of Tandem Resources (ME) and Storimin Exploration (ASE) which is under option to Central Crude (TSE…
Calgary-based Flag Resources (ASE) says preliminary drill results from the Wanapitei anomaly northeast of Sudbury, Ont., indicate that the company’s first hole is enriched with elements associated wit…
The recent tour of South Dakota mining country, sponsored by the Canadian Institute of Mining, Metallurgy and Petroleum’s (CIM) Toronto branch, proved to be a huge success although the slot machines a…
The metal and mineral sub-index rose but the overall commodity price index of Scotiabank dropped in April. The all-items index was off by 1.5% after six consecutive monthly increases. Higher prices in…
Week’s Price (US) Change Gold* $337.85 – $2.00 Silver* $ 4.06 – $0.03 Platinum* $367.25 – $9.50 Nickel** $ 3.23 – $0.12 Lead** $ 0.25 + $0.01 Copper $ 1.03 + $0.02 Zinc $ 0.66 + $0.02 Courtesy of Scot…
Shares of SouthernEra Resources and Aber Resources shot up to new highs during the week ended June 9, as more companies moved into the Northwest Territories to stake claims around Lac de Gras and beyo…
Quebec exploration company Robex Resources (ME) is negotiating to acquire a controlling stake in its 25% owned Bateman Twp. property in Chibougamau, Que., after releasing results from a 9-hole drill p…
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