The Vancouver Stock Exchange posted its first winning week in six weeks, rising 32.82 points to close at 1,045.67 points for the report period ended May 13.The Alberta exchange rose 73.31 points to cl…
ExchgVol(000s)ClosePure Gld ResT445190.48Placer DomeT…
The $58.8-Million writedown of its 40% carried interest in the Casa Berardi joint venture resulted in a loss of $56.1 million for Golden Knight Resources (GKR-T) in 1996.The loss is considerably great…
Now that Strathcona Mineral Services has so stunningly discredited Bre-X Minerals and its Busang project, the fingers are pointing, and backs are being covered. We would do well to examine the logic o…
A 2,000-Metre program of diamond drilling is under way at the Adumasa property in Ghana, a joint venture of Norcan Resources (NRE-V) and AMI Resources (AMU-V).The work will follow up on three prominen…
First, the gold project collapsed, then the share price. Now, Bre-X Minerals itself appears to be self-destructing.Following the damaging revelations of a technical audit on its Busang property in Kal…
While zinc prices were robust during the first quarter, copper and lead prices were not, resulting in a moderate decrease in earnings for Cominco (CLT-T).The company reported a profit of $21 million (…
The government of Indonesia has granted Newmont Gold (NGC-N) a construction permit for the Batu Hijau copper-gold project on the island of Sumbawa.The last week has been a tense one for the Denver-bas…
Brandon Gold (BG-V) can earn up to a 60% interest in the Guerrero concession, in the southern Mexican state of Guerrero.Under an agreement with Miranda Mining Development and Mexican-based Miranda Roy…
Canarc Resource (CCM-T) has intersected high-grade gold mineralization in two separate areas on the Sara Kreek property in Suriname.Highlights of the recent phase-2 program include: hole EB-9705, whic…
The Aripuana base metals project in Brazil has attracted the attention of a Canadian major.Noranda (NOR-T) has signed a letter of intent to invest up to $28.9 million in Aripuana in order to gain up t…
Considering that the Busang deposit of Bre-X Minerals is a bust, it is important for investors everywhere to reflect on a number of truths about the Canadian mining industry:* Mining helped found Cana…
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