Results from deep exploration at the Williams gold mine at Hemlo could lead to a doubling of reserves, Ned Goodman, chairman and founder of Corona Corp. (TSE), told institutional investors at a Goldm…
Vancouver-based Canamax Resources (TSE) has elected to repay the $7.3 million it owes to affiliate Amax Gold (TSE) by issuing shares to the Colorado company. In connection with the plan, Canamax has a…
Geddes Resources (TSE) says it has raised $9.9 million through a series of financings for exploration at its Windy Craggy copper-gold- cobalt project in northwestern British Columbia. The financings i…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 24 Oct 23 Oct 20 Oct 19 Oct 18 Copper 1693-…
Preliminary calculations based on new drilling results from the Monique property east of Val d’Or, Que., have doubled reserves for the G zone, Societe Miniere Louvem (TSE) and Monique Exploration (ME)…
ONTARIO Barytex Res — opt exerc on 400,000 @ 24 cents per sh Global-Pacific Minerals — 600,000 sold for gross $210,000 Digger Res — opt exerc on 150,000 @ 50 cents per sh Ezekiel Expls — 750,000…
Denver-based Crown Resources (VSE) recently acquired a 100% interest in two Nevada properties owned by Freeport-McMoRan Gold (NYSE). According to Mark Jones, chairman of Crown, the properties have exc…
Reopening a long shutdown mine can be no easy task. Problems include enlarging undersized drifts and emergency exits and 1606 replacing lip pockets with ore and waste passes. Besides, there are often …
Galactic Resources (TSE) has received proceeds of $12.58 million from a private placement of units completed by Yorkton Capital Markets (Overseas) Ltd. Each unit is exchangeable for one common share a…
Soft gold prices and a lack of interest in the junior exploration market have combined to bring Toronto-based explorers Golden Terrace Resources (TSE) and Stan North Mining together in a proposed merg…
Several junior gold exploration issues gave up some ground on COATS this week. Slipping by 10 cents was Carolin Mines which closed at 35 cents after a total of 22 trades. The shares of Dartmouth-bas…
American Barrick Resources (TSE) continues to reap the rewards of a lucrative hedging program that has sheltered the Toronto gold producer from softer precious metal prices. While the price of gold av…
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