News




Uranium Resources boosts earnings

The improved uranium market enabled Uranium Resources (URIX-Q) to report net earnings of US$262,000 for its 1996 fourth quarter, compared with a loss of US$41,000 for the same period a year earlier.Th…


STOCK MARKETS — Rise in gold price bolsters TSE

Spurred on by an almost continuous rise in gold prices, the Toronto Stock Exchange’s composite 300 index hit several new highs during the trading period Feb. 12-18, rising 1.8% from the previous week …



Corriente finances Peruvian programs

Corriente Resources (CTQ-T) will use proceeds from a $20-million brokered private placement to fund exploration in Peru and Argentina.The company closed a private placement of 1.5 million special warr…


Loubel cuts more copper at Queylus

Junior Loubel Exploration (LBX-M) has drilled a new copper intersection on its Queylus property near Chibougamau, Que.Hole 5, drilled over a 3-km-long induced-polarization conductor inside a granitic …


Arian completes engineering studies for Julietta

Having completed first-phase engineering studies, Arian Resources (ARA.U-T) is moving forward with plans to build a mine and associated infrastructure at the Julietta property in the Madagan region of…


Mansfield outlines new gold zone

Surface trenching on the Cerro Gordo property in the Argentine province of Salta is defining a northeast-southwest-trending zone of gold-silver mineralization.Mansfield Minerals (MDR-V) tested 1,300 m…


Roxmark drills in Geraldton camp

Drilling has resumed at the Geraldton, Ont., gold property held jointly by Toronto-based Roxmark Mines (RMK-T) and the Canadian subsidiary of Cyprus Amax Minerals (CYM-N).The 1997 program will span at…


Coeur d’Alene eyes gold producer

An option agreement sets the stage for Coeur d’Alene Mines (CDE-N) to acquire a producing gold mine next to its El Bronce operation in northern Chile.In the meantime, the company is buying ore from th…


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