News

Many companies are not taking full advantage of the Scientific Research & Experimental Development (SR&ED) tax credit program. Costs that companies incur in the ongoing process of advancing technologi…

Toronto-listed Exall Resources has joined forces with one of Guyana’s foremost gold and diamond mining companies. MC Correia Holdings, which has been in continuous operation since 1935, operates sever…

Stronger share prices in the gold and metals sectors helped the Toronto Stock Exchange post a modest gain over the 5-day report period ended Nov. 22. The composite 300 index rose 45.57 points to close…

The Vancouver Stock Exchange composite and resource indexes bounced off new 52-week lows for the report period ended Nov. 29. The composite index hit 750.04 before closing at 755.48, down 7.5 points. …

Drill-testing is planned for the Jump River project in north-central Wisconsin. The objective is to test for possible extensions of the Bend and Horseshoe deposits and to test nearby geophysical condu…

An agreement with the Cuban government gives Bolivar Goldfields (VSE) a half interest in the exploration and development of four concessions in that country. The properties comprise more than 7,900 sq…

Toronto-based Minefinders (VSE) can obtain the Lista Negra silver property in Mexico’s Sonora state. Sampling by means of a hammer percussion drill has returned up to 23.05 oz. silver per ton from a s…

Price (US) Week’s Change Gold* $382.35 ” $2.15 Silver* $5.08 ” $0.09 Platinum* $409.60 ” $0.90 Nickel** $3.64 + $0.20 Lead** $0.29 ” $0.01 Copper $1.36 + $0.10 Zinc $0.51 ” $0.01 Courtesy of Scotiaban…

Toronto-listed Breakwater Resources has filed a prospectus for an offering of rights to buy up to 239.5 million Breakwater shares at 10 cents each. Each shareholder would receive one right for each sh…

Alberta-listed Holmer Gold Mines has arranged a private placement of 1 million units at 40 cents each. A unit will consist of one common share and a common share purchase warrant. The latter will be e…

Toronto-listed Geomaque Explorations has obtained the environmental permits that will enable it to operate the San Francisco mine in Mexico’s Sonora state. The heap-leach gold mine is being designed a…

The Dona Lake mine site near Pickle Lake, Ont., has been sold. Madsen Gold (TSE) is buying the operation (excluding headframe and underground workings) for $816,000. Current owners Ross Finlay (85%) a…