Imperial grows Red Chris significantly (May 03, 2010)
Vancouver – With just 22 drill holes, Imperial Metals (III-T) has dramatically increased the contained metal…
News
Canadians hope to chip away at China’s monopoly on rare earths
China may have cornered 97% of the global rare earth market over the last two decades, with its low-cost struc…
PEOPLE (May 03, 2010)
Big Bear Mining– John Glasscock appointed a director.
TORONTO STOCK EXCHANGE -April 20-26
The TSX composite index increased over the April 20-26 trading period, gaining 178 points, or 1.5%, to close at 12,102.97 points.
TSX VENTURE EXCHANGE -April 20-26
The S&P/TSX Venture composite index climbed back up towards its post-recession high over the April 20-26 trading week, gaining 18.89 points to close the week at 1672.85. Daily trading volumes were…
U.S. MARKETS -April 20-26
As Iceland’s volcanic ash storm settled and stranded airline passengers made their way back home, a financial storm brewing over Wall Street captured the news headlines during the April 20-26 reportin…
EXCHANGE RATES (May 03, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 26 Apr. 23 Apr. 22
GobiMin sells Yanxi deposit
GobiMin (GMN-V) has agreed to sell most of its equity interest in the Yanxi copper deposit in China’s Xinjiang province for $9 million in convertible bonds and cash to China Daye Non-Ferrous Metals Mi…
Mineral exploration in the NWT falls 80% in 2009
Canada’s Northwest Territories seems to be of waning interest to mine-finders, according to a new estimate from Natural Resources Canada (NRCan).
Shaft collapse kills worker at Wolverine mine
VANCOUVER — A shaft collapse at the Wolverine mine in the Yukon has killed one worker, marking the second death at the mine in the past year.
Greystar gets blindsided
Steve Kesler hardly had time to get comfortable in his new chief executive’s chair before finding himself in the midst of a historic problem.
More high-grade, shallow gold for Avion in Mali
VANCOUVER — The near-surface gold grades at the Tabakoto project in Mali keep getting better for Avion Gold (AVR-V) and now the company is being rewarded for its efforts with a $25-million bought-dea…