Core from a 75,000-ft. drill program completed this summer at a remote nickel deposit in Ungava, Que., will be analyzed over the next few months by officials at Falconbridge Ltd. But drilling results …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 118.25 116.50 117.00 + 2.00 Dec 117.50 115.60 116.30 + 1.35 Jan 115.90 114.20 115.90 + 1.75 SILVER (in US cen…
Lawyers for Ontex Resources (ASE) and Metalore Resources (TSE) have summarized their final cases in a court battle to settle ownership of the disputed Brookbank gold property near Beardmore, Ont. The …
With gold holding its own above the US$380 level, the Vancouver Stock Exchange continues to be in a state of siege. The Composite Index registered a drop of just over 11 points finishing Nov. 13 at 51…
Northgate Exploration was forced into a damage control mode this week after affiliate NorthWest Gold revealed its decision to take a $149-million writedown on the remote Colomac gold mine. Not surpris…
ERG Resources (TSE) has acquired 6.9 million of its own shares, representing a 62% interest, from Pamour (TSE). The two companies were involved in a gold tailings reclamation project at Timmins, Ont.,…
Kerr Addison Mines (TSE) is moving to take a tighter grip on 44% owned RFC Resource Finance (TSE) before continuing with exploration on RFC’s wholly owned Pend Oreille zinc project in Washington. With…
Drilling is under way at the Beta Vargas gold property in Costa Rica, Adonos Resources (VSE) and Lyon Lake Mines (ME) report. A 21-hole drilling program is planned to confirm and possibly upgrade a pr…
An affiliate of Newmont Mining (NYSE), Newmont Australia, recently acquired control of BHP Gold Mines from BHP’s parent, Broken Hill Pty. Co. of Australia, in a stock swap. Newmont Australia purchased…
The final round in Ontex Resources’ court battle against TSE-listed Metalore was being fought during the report period ended Nov. 13 as lawyers from each side presented their final summaries at the tr…
Northgate Exploration’s (TSE) affiliate NorthWest Gold (AMEX) recently declared a $149.5-million writedown on the carrying value of its remote Colomac gold mine in the Northwest Territories. While the…
An option agreement between the partners of the Moapa Valley precious metals project in Nevada and Blue Falcon Mines will not proceed at this time, Micron Metals Canada (ASE), one of the Moapa partner…
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