Golds make gains as TSE dives
The Toronto Stock Exchange treated investors to another wild ride over the report period March 7-13, as another blue Monday hit the telecom stocks. The TSE 300 composite index sank 205 points on March…
News
PNWC raises grade at River Valley
Vancouver — Early results from an ongoing 11,000-metre drill program by Pacific North West Capital (PFN-V) have boosted the economical prospects of the River Valley platinum- palladium project in Ont…
Lupin boosts Echo Bay
Denver — The Lupin mine in Nunavut contributed to a 42% increase in gold production in the fourth quarter for Echo Bay Mines (ECO-X), propelling the company to a profit for 2000.The company’s gold pr…
Market mayhem misses CDNX
Vancouver — Canada’s junior exchange managed to survive the recent market meltdown with relatively minor damage. The oil-and-gas and mining indices managed to stay in positive territory while tech st…
Rubicon hits more gold at McCuaig
Vancouver — Rubicon Minerals (RMX-V) has cut a new gold-bearing structure at the McCuaig project in Red Lake, Ont.Company geologists describe the mineralized zone as a sulphide-bearing silicified and…
Starfield expands resource at Ferguson Lake
Vancouver — Following two years of exploration, Starfield Resources (SRU-V) has more than doubled the known resource at the Ferguson Lake project, near Rankin Inlet in southern Nunavut.The deposit ha…
Partners have high hopes for Hope Bay gold project
The Hope Bay gold project in Nunavut represents one of the premier exploration projects in all of North America.Partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) control an entire 80-km-long g…
Philippines eyes exploration revival
Vancouver — The discovery of an exciting new gold-rich copper porphyry system, combined with the expansion of several known deposits, is attracting attention to the Philippines.Situated in the Ring o…
Int’l Wayside, Gitennes among BC juniors exploring new finds
Several promising grassroots discoveries, many of them made by prospectors, highlighted the 2000 exploration season in British Columbia and could provide a much-needed boost for exploration in the wes…
Ivanhoe explores South Korea, Myanmar and Mongolia
Standing pat in a region shunned by most is paying off for Ivanhoe Mines (IVN-T).In 1994, when overseas ventures were still fashionable, Ivanhoe (then known as Indochina Goldfields) began amassing an …
California energy crunch renders coal more attractive
Dare we say it? Coal making a comeback? Even the stature of gold hasn’t fallen as low as this once-mighty commodity, whose role in the development of modern industrial society remains virtually unchal…
Higher prices, lower costs turn oil sands into gravy train
For companies developing Alberta’s oil sands, the numbers just keep getting better: cash costs are down 50% from a decade ago; oil prices have doubled in the past two years; and demand for new sources…