News

After entering the December month on an upswing, western markets edged downward over the report period ended Dec 12. The Vancouver Stock Exchange resource index slipped 5.44 points to close at 1,265.1…

Two drills are working at the Weedy Lake property, northeast of La Ronge, Sask.Operator Tyler Resources (TSE) and Golden Rule Resources (TSE) have budgeted $572,000 for 5,545 metres of drilling.Previo…

A joint-venture agreement between Kalahari Resources (VSE) and Oneida Resources has revived the Mexican Hat project in Cochise Cty., Ariz.Kalahari can earn up to a 60% interest in the property by spen…

The Toronto Stock Exchange backed off slightly from last week’s record-high levels. For the report period ended Dec. 12, the TSE 300 composite index retreated 18.86 points or 0.4% to 4,703.67.The Cana…

Revenue and earnings of Goldcorp (TSE) were down for the first nine months of 1995, as the company devoted much of its resources to development.Goldcorp earned $4 million or 13 cents per share on reve…

Reserves at Voisey’s Bay continue to grow as fast as speculation about an imminent takeover of the project’s majority owner, Diamond Fields Resources (TSE).Drills are still turning on the main ovoid z…

The next two months will mark a transition for Manhattan Minerals (TSE) as it makes the leap from junior exploration company to junior gold producer.Robert Willis, chairman and chief executive officer…

Oil and gas explorer and producer Alberta Energy announced plans for a buyout of Conwest Exploration (TSE), under which the merged company would sell Conwest’s mining and hydroelectric interests.Alber…

Tonnage and grade are up at the South African gold mines of Caledonia Mining (TSE).Proven and indicated reserves at the Eersteling gold mine are 746,380 tonnes at 6.71 grams gold per tonne, up from 13…