Good quarter for Dia Met
Higher production from the Ekati diamond mine in the Northwest Territories and sharply lower interest expenses have meant a near-doubling in earnings for Dia Met Minerals (DMM-T).The company posted ne…
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Barrick earnings slip
Lower production and higher costs combined to reduce third-quarter earnings for Barrick Gold (ABX-T).Net earnings topped US$66 million (or 17 per share) in the three months ended Sept. 30, US$20 mill…
Quaterra tables Union Bay drill results
Vancouver — A 4-hole drill program at the Union Bay project in Alaska has returned narrow zones of platinum-palladium mineralization.Quaterra Resources (QTA-V) reports that the first two holes of the…
Riddarhyttan picks up property in Finland
Swedish-based and -listed Riddarhyttan Resources has expanded its land package in northern Finland by acquiring the Iso-Kuotko property immediately north of its Suurikuusikko gold deposit.Iso-Kuotko, …
Starfield, Far West lead gainers
Vancouver — Canada’s junior exchange posted gains in the resource sector but not enough to keep the composite index from wallowing. The Canadian Venture Exchange composite index dropped 6.2 points, o…
Placer buoyed by Getchell writedown
The most heavily traded company on the Toronto Stock Exchange during the Oct. 24-30 report period was Placer Dome, which jumped $1.40 to $18.25 as investors applauded the company for “facing reality” …
Sun sets on Homestake
In its final quarterly report before being absorbed into the Barrick Gold empire in mid-December, venerable gold miner Homestake Mining announced that lower production costs allowed it to post third-q…
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Roros yields mixed results
Exploration drilling at the Roros zinc project in central Norway has returned mixed results for Crew Development (CRU-T).The Vancouver-based company sank 21 shallow holes totalling 1,788 metres in thr…
Responsibility affects entire capital market
With the passage in May of the Geologists Act in Quebec, the introduction of the new Engineering and Geoscience Professions Act in Nova Scotia, and this month’s announcement of regulations under the P…
Muskox leaves Lonmin at the altar
Vancouver – Muskox Minerals (MSK-V) has dropped plans to form a joint venture with British-based platinum producer…