News

A research program in Australia delivered A$295 million in direct benefits to the minerals-processing industry over the past six years, based on an investment of about A$10 million.

Vancouver — Early drilling by Viceroy Exploration (VYE-V) on its Gualcayamo gold project in west-central Argentina has returned positive results.

Vancouver — Drilling by St. Jude Resources (SJD-V) at its Benso project in western Ghana has delineated a trend of gold mineralization in the Subriso Block G zone over a strike length of 500 metres and to a depth exceeding 100…

Drilling by Nuinsco Resources (NWI-T) at the Mel nickel deposit, 25 km north of Thompson, Man., has hit good grades at minable widths.

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BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…

There were modest gains in the U.S. stock markets over the report period May 26-June 1, with the S&P 500 index adding 8.15 points to close at 1,121.20 and the Dow Jones Industrial Average adding 85.03 points to finish at 10,202.65.

The boards of directors at Iamgold (IMG-T) and Wheaton River Minerals (WRM-T) have rejected co-ordinated bids by Golden Star Resources (GSC-T) and Coeur d’Alene Mines (CDE…

Vancouver — Drilling by Northern Lion Gold (NL-V) on the Haveri project in southwestern Finland continues to return encouraging gold values.

A feasibility study commissioned by TVI Pacific (TVI-T) has determined that the oxide resource at the Canatuan massive sulphide deposit on Mindanao in the Philippines can be mined economically as an open pit.