Vancouver — As copper prices continue to linger near lows not seen since 1987, Arizona-based Phelps Dodge (PD-N) is intent on trimming its losses by driving down operating costs.The world’s second-la…
Abandoned mines in Canada’s far north are polluting the tundra, and fixing the problem could cost the federal government $640 million, according to federal documents.One of the largest environmental t…
Encouraged by the microdiamond results from this past year’s drilling on the Sue kimberlite pipe at the Yamba Lake project in the Northwest Territories, SouthernEra Resources (SUF-T) will test about a…
Exploration drilling by Rio Narcea Gold Mines (RNG-T) in the main pit at the El Valle gold mine in the Asturia region of northwestern Spain has intersected a new zone of gold mineralization at depth, …
The Toronto Stock Exchange Composite Index yo-yoed itself 69.28 points higher during the Oct. 30-Nov. 5 report period, ending the week at 6,399.64 points.Gold peaked mid-period at US$319.85 per oz. in…
While gold prices ended the report period virtually unchanged at around US$317 per oz., gold bugs drew encouragement that most of the gold miners showed uncharacteristic strength and added to the prev…
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
Vancouver — Anticipating a cut in the U.S. Federal Reserve rate, investors started to nibble on stocks during the week ended Nov. 5. As a result, the Venture Exchange’s S&P Composite Index jumped 27….
ExchgVol(000s)HighLowCloseChangeOM Group*N273999.286.156.38-2.57…
ExchgVal($000s)HighLowCloseChangeAlcoa*N35409623.9821.9123.36+0.99…
Assured that the government of Costa Rica will support development of the Bellavista gold project, Glencairn Gold (GLJ-V), formerly Glencairn Explorations, has once again agreed to buy the low-grade d…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 5Nov. 4Nov. 1Oct. 31Oct. 30Al Alloy…
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