News

DFI jumps on Liberian finds

Shares in Diamond Fields International (DFI-T) were 7.5, or more than 40%, higher at 24 in early afternoon tradin…





Past, better days. From left: Normand Dupras, Falconbridge's exploration manager in the Bathurst base metal camp; Keith Ashfield, New Brunswick's minister of Natural Resources; and Slam Exploration president Mike Taylor together at an airport in New Brunswick in 2003 after all three parties had reached a 5-year agreement to use MegaTEM surveys to explore for new deposits that might extend the life of Falconbridge's 41-year-old Brunswick base metal operation in the Bathurst camp. Falconbridge recently walked away from the Bathurst joint venture after Slam did not produce the necessary funds for this year's exploration program.

Falconbridge slams door on Slam JV

Unable to come up with the funds to finance this year’s exploration on the Bathurst joint venture in New Brunswick, Slam Exploration (SXL-V, SLMXF-O) was finally given its walking p…


Editorial: Goodale should stay on

It’s been said that Canadian Prime Minister Paul Martin is not unlike a bean bag chair, taking the shape of whoever last sat on him….


Redcorp tests anomalies at Lagoa Salgada

A recent drilling program aimed at testing five geological and geophysical anomalies failed to intersect mineralization or were abandoned before reaching their target depths at the Lagoa Salgada coppe…



Spot Prices Tuesday, Jan. 3, 2006 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $520.75 +15.00
Silver $9.04 +0.49
Platinum…



Only golds glitter in US market

U.S. equity markets weakened in the four trading days Dec. 27-30, with investors reacting to an inversion in the yield curve for government notes. Ten-year U.S. Treasuries closed the year showing a yi…


Venture board closes out 2005 on a high

Gold’s late-year rally through the US$500-per-oz. level lifted the S&P-TSX Venture Exchange to finish 2005 at a more than 9-year high of 2,236.55, up 45.99 points or 2.1% over the year’s final wee…


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