Weda Bay Minerals (WDA-T) has substantially increased the resource base at its nickel-cobalt laterite project on Halmahera island, Indonesia.Indicated resources have doubled to 133 million tonnes grad…
Vancouver — Imperial Metals (IMP-T) has intersected massive sulphides in four of seven holes drilled at the Spire property, near Revelstoke, B.C. The target is described as having encouraging copper …
Tax-loss selling at this time of year typically creates a seasonal weakness that many speculative investors use to their advantage, to bottom-feed on the junior resource sector.At 40-42, Atna Resourc…
Denver — The Dow Jones industrial average jumped 391.14 points, or 3.7%, to close at 10,898.72 for the report period ended Dec. 5. The rise reflected both the possibility of a interest rate cut and t…
At a special meeting in Toronto, shareholders of Inco’s (N-T) Class VBN shares (NV-T) voted in favour of amending the terms of the shares, thereby accepting a redemption offer from Inco.The company ca…
Antimony: Mid-mkt US$1,450/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.25-15.00/lb.Copper: Comex March US$0.869/lb.
Lower amortization costs translated into a modest profit for SouthernEra Resources (SUF-T) in the three months ended Sept. 30.Net earnings topped $701,000 (or 3 per share) on revenue of $5.1 million,…
A short, 6-hole drill program by Hudson Bay Exploration & Development on the Lottie Lake sulphide prospect in central British Columbia has failed to find the source of high-grade copper boulders uncov…
Precious MetalsPrice (US$/oz.)ChangeGold$270.85+$1.85Silver$ 4.71+$0.01Platinum$599.00-$1.00…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
The U.S. Securities and Exchange Commission has approved the proposed merger between Battle Mountain Gold (BMG-N) and Newmont Mining (NEM-N).Battle Mountain has scheduled an extraordinary shareholders…
Conrad Hache, president and chief executive officer of Toronto-based River Gold Mines, has died. He was 57.Beginning in 1962, Hach worked his way through various mining projects, holding such titles …
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