News

Vancouver — Canada’s junior exchange managed to find a few points while the major bourses rallied over the week ended Oct. 22. The S&P TSX Venture Exchange composite index tacked on 2.33 points, or 0…

Higher demand for its shares has prompted Laramide Resources to increase the size of its private placement to 1.4 million units.A unit remains priced at 15 and still entitles the holder to a share an…

U.S. based mutual funds that invest in gold topped the list of U.S. fund performances for the first six months of 2002.The average gold fund rose 50.5% for the period ending June 28, compared with an …

Junior Matamec (MAT-V) has found several more gold showings at its Sakami property in the James Bay region of Quebec.In the JR area, 25 of 126 grab samples yielded between 0.1 and 9.6 grams gold per t…

Infill drilling on the North zone of the Norman nickel-copper deposit, northeast of Sudbury, Ont., has confirmed mineralization at vertical depths of around 165 metres.The program, carried out by part…

Partners Rio Tinto (RTP-N) and Trivalence Mining (TMI-V) have recovered more diamonds from the Aredor concession in Ghana.Rio, which operates the project, recently sank eight holes into a promising g…

Noranda’s exploration company has signed an agreement with Goliath Gold Mines and Golden Sceptre Resources that will likely result in a producing Hemlo area mine within two years.The deal, which gives…