By way of a $22-million private placement, Brussels-based major Union Miniere is acquiring a 20% interest in America Mineral Fields (AMZ-T), part owner of the stalled Kolwezi copper-cobalt tailings pr…
Dublin-based Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) are wrapping up a 300-hole drilling campaign that has substantially extended Zone E at the partners’ Ntotoroso property in G…
The Vancouver Stock Exchange composite index continued its bullish charge during the report period ended Oct. 5, rising 5.73 points, or 1.4%, to finish the week at 422.63. The mining index broke the 3…
It was another wild week for gold, with spot prices oscillating between the upper US$290s-per oz. and nearly US$340 before settling up US$7.75 over the week at US$325 per oz. on the London morning fix…
The South American division of Kvaerner has been awarded a US$17-million contract to upgrade the processing circuit at the Radomiro Tomic copper mine in northern Chile.The firm will design and oversee…
Winter weather has brought drilling to a halt on a new high-grade zinc discovery of Cominco (CLT-T), 6 miles north of the company’s Red Dog mine in northwestern Alaska.Among the better results from re…
An Australian firm has bought Canadian minerals assayer Chemex Laboratory Group in a deal worth at least $8 million.Australian Laboratory Services (ALS), owned by Campbell Brothers, will add Vancouver…
Recent insider trading transactions reported in the Ontario Securities Commission’s OSC Bulletin include the following:* Campbell Resources (CCH-T) — Paul Ireland, officer, allowed 150,000 options to…
Precious MetalsPrice (US$/oz.)ChangeGold$325.00+ $7.75Silver$ 5.47- $0.24…
Rimfire Minerals (RFM-V) and Western Keltic Mines (WKM-V) have identified three prospective gold zones on their jointly owned properties in east-central Alaska.The juniors are targeting gold mineraliz…
Diamond explorer Ashton Mining of Canada (ACA-T) has identified four new drill targets on the Buffalo Hills joint venture plus four others on the surrounding Cayo lands in northern Alberta.The announc…
Coeur d’Alene, Idaho-based Hecla Mining (HL-N) has formed a joint venture with Fairmile Gold (FLA-A) in order to explore the Highland project, 100 miles east of Reno in west-central Nevada.Hecla can e…
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