News

Financing triggers higher trading in Bema

The 7-day report period beginning Oct. 20 saw the price of gold rise US$8.15 to close at US$427.50 per oz. in the afternoon of Oct. 26 in London. During the week, gold hit a near 16-year peak; on Oct. 26, however, it fell $1.65. The gold index ro…


Metals bounce back

Despite a tough weekend, U.S. equity markets were little-changed over the report period Oct. 20-26. The Dow Jones Industrial Average was off 9.14 points at 9,888.48 and the S&P 500 rose 7.86 points to 1,111.09.


Liberty sees 10% cobalt

Vancouver — Bulk sampling on Liberty Mineral Exploration‘s (LBE-V) McAra Lake cobalt project, midway between Sudbury and Timmins in northeastern Ontario, has returned significant cobalt values.




Golden Valley Mines' camp on Kenty Lake in Nunavik

Ungava a bright spot for nickel exploration

There’s still nothing like a fashionable commodity to bring out the explorers, and nickel’s ascendancy is probably the best thing that has happened to Canadian exploration since, well, the last big nickel discovery.


Northern Lion advances Haveri (November 01, 2004)

Northern Lion Gold (NL-V) has retained Roscoe Postle Associates (RPA) to help define a resource estimate of the in situ mineral resource at the Haveri gold-copper project in southwestern Finland.


Klondex pulls high grade at Fire Creek

Vancouver — Klondex Mines (KDX-V) has intersected several high-grade gold zones, as well as lower grades, over impressive widths at its Fire Creek property in Nevada’s Battle Mountain-Eureka trend.


Canadian Stock Exchange Indices (November 01, 2004)

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A view of the adit entrance of the Nalunaq high-grade gold mine.

Second batch of Nalunaq ore processed

The second batch of 40,300 tonnes of wet ore (39,500 dry tonnes) from Crew Gold‘s (CRU-T) 82%-owned high-grade Nalunaq mine on the southern tip of Greenland has been processed at the El Valle plant is Spain. El Valle is owned by…


Scandinavian Gold busy at Tepsa in Finland

At the Tepsa project in northern Finland, Scandinavian Gold (SGL-T) has intersected widespread anomalous base metal and gold mineralization but failed to find a higher-grade source of the strong copper-gold geochemical anomaly o…


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