News

Miners rebound

The Toronto Stock Exchange weathered a politically tumultuous holiday-shortened report period, May 17-20, to end 128.91 higher at 9,452.19 points. The golds managed to claw back 3.56 points from the p…


Magnetics essay contest returns

To encourage better understanding of magnetics in resource exploration and related fields, a group of mining suppliers is sponsoring an essay contest for Canadian post-secondary students….


Junior sector weakens with falling gold price

Junior mining stocks continued to show no signs of a turnaround as metal prices remained weak during the shortened trading period May 17-20. A strengthening U.S. economy and greenback are largely resp…



Court deals deathblow to Harmony bid

Fittingly, the 7-month battle between Harmony Gold Mining (HMY-N) and Gold Fields (GFI-N) has ended in a courtroom, with South Africa’s High Court ruling that Har…





New hit for Aurizon

Exploration drilling by Aurizon Mines (ARZ-T) west of the Casa Berardi mine in Quebec has intersected a quartz vein system. The drill hole was collared about 1.9 km west of the new…


Abacus deals with Teck Cominco

Vancouver — Abacus Mining and Exploration (AME-V) has signed a letter of intent with Teck Cominco (TEK-T) to acquire processing facilities and infrastructure fro…


PEOPLE (May 30, 2005)

Can-Cal Res. — Anthony Ciali resigned as president, CEO and director; Chairman Robert Sloan appointed interim president and CEO….


More gold at Raven

Vancouver — Drilling by Committee Bay Resources (CBR-V) has confirmed high-grade gold mineralization found at surface on its Raven discovery, northeast of Baker Lake, N.W.T….


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