News

Low gold prices have taken their toll on Geomaque Explorations (GEO-T), though the company is showing no signs of slowing down.Losses in the third quarter totalled $758,000 (2 cents per share) on reve…

Four more drill holes by Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have confirmed the grades, size and shape of the Upper Duck Lens massive sulphide body at the Duck Pond property in c…

Despite ongoing cost-cutting and other efforts to achieve profitability at the Con gold mine in Yellowknife, Miramar Mining (MAE-T) remained in the red during the latest quarter ended Sept. 30.The gol…

Junior Copper Ridge Explorations (KRX-V) has discovered a new mineralized structure in the course of its 13-hole drill program at the Scheelite Dome gold property in the Yukon.Highlights are as follow…

NovaGold Resources (NRI-T) has identified three drill targets at the Caribou project, 40 km northwest of the promising Pogo deposit in the Tintina gold belt of Alaska.Caribou comprises about 48 sq. km…

With warmer temperatures prevailing in the high Andes of central Chile, General Minerals (GNM-T) is set to resume drilling at the Escalones copper-gold property, 100 km southeast of Santiago.The compa…

After accepting a takeover offer by Phelps Dodge (PD-N), executives of Cyprus Amax Minerals (CYM-N) exercised options worth millions.Jeffrey Clevenger, officer, exercised 237,500 options at US$10.13-1…

Gold flickered back to life during the report period ended Nov. 23, with spot prices climbing US$2.40 over the week to US$297.85 per oz. on the Nov. 24 London morning fix. Gold was trading above US$29…

Heap-leach recovery problems have contributed to a production shortfall of 20,000 oz. at Viceroy Resource’s (VOY-T) Brewery Creek gold mine in the Yukon.Production during the first nine months of 1999…