News

London Metal ExchangeSpot closing prices in $US per tonneDateJan. 9 Jan. 8 Jan. 5 Jan. 4 Jan. 3Copper2685-2690 2715-2720 2740-2745 2755-27602739-2740Lead700-701 695-696 690-692 690.5-691.5…

Exploration of the Pierina gold property in the Ancash province of northern Peru is returning solid gold values for Arequipa Resources (TSE).Subsurface sampling is testing a zone of disseminated gold …

By mid-May of this year, Rea Gold (TSE) and American Resource (NASDAQ) expect to merge into a single entity that would have minable gold reserves of about 1.7 million oz.Under the terms of a recent ag…

Silver prices are not expected to improve over the short term, according to metals analyst Richard Hajdukiewicz, vice-president of commodities for J. Aron & Co, the commodities division of the investm…

Pacific Mariner Explorations (PMR:VSE) has changed its name to Abitibi Mining (ABB:VSE).

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Jean-Pierre Devos appointed director.

Walter Brooks appointed vice-president and director, and Conrad Clemiss appointed director.

Thomas Ogryzlo appointed director.

Alvin Jackson appointed director.

David Tinsley and Gordon Fretwell appointed directors.

Royal Gold (NASDAQ) has extended the terms under which it can explore lands in Wyoming, Colorado and Utah owned by Union Pacific Resources Group (NYSE).The agreement has been extended to the end of 19…