With the price of nickel nosediving US25cents over the past two weeks to US$2.20 per lb., both of Canada’s big nickel producers took hits over the report period ended May 19: Inco dropped $1.95 to $21…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMay 19May 18May 15May 14May 13…
Junior diamond miner Trivalence Mining (tmi-v) of Vancouver, B.C., has reported new production figures from its 1,000-sq.-km Aredor concession in Guinea, West Africa.In April, Trivalence processed 31,…
Nova Scotia-based NovaGold Resources (NRI-T) reports that diamond drilling has begun at the Koala project in central Chihuahua state, Mexico.In February, the company acquired a 20% interest in the 990…
Donner Minerals (DML-V) and Teck (TEK-T) have commenced their long-anticipated drilling program at the South Voisey’s Bay project in Labrador.Three drill rigs are currently operating under the field s…
Montreal-based MSV Resources (MSY-T) has raised $40 million to develop the Copper Rand 5000 project in the Chibougamau camp of northern Quebec.The financing consists of a $30-million loan from a major…
MRL Gold, the Philippine subsidiary of Mindoro Resources (MIO-A), has opted to continue exploring the Agata gold project after receiving encouraging results from preliminary work programs.Agata covers…
As a result of an aggressive acquisition spree, Saskatoon-based Claude Resources (CRJ-T) has moved several steps closer to its goal of producing 150,000 oz. gold per year by the turn of the century.Th…
Junior Orvana Minerals (ORV-T) has nearly completed a diamond drilling program at its Don Mario copper-gold property in eastern Bolivia.Over 82% of the planned 6,100 metres has now been drilled, with …
Preliminary drilling at the Windward project, 50 km southeast of Timmins, Ont., has uncovered significant polymetallic values, Band-Ore Resources (BAN-T) has reported.The drilling intersected nickel, …
Citing continued low gold prices, Lyon Lake Mines (LLL-M) is writing down the value of its gold properties in Costa Rica and Canada.For the fiscal year ended Dec. 31, 1997, the Montreal-based junior r…
Drilling by East West Resource (EWR-V) has led to the discovery of a zone of platinum-palladium and nickel-copper mineralization at the Reeves-Sewell project, 50 km southwest of Timmins, Ont.The Reeve…
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