While investor interest has mostly been focused on gold, the price of silver has run up quite nicely recently. During this report week, for example, the price rose US17 cents to US$5.59 per oz. Slight…
With gold near a 2-month high, at just below US$390 per oz., even the recent steep jump in the bank rate failed to shake western markets. The Vancouver Stock Exchange resource index shot up 58.85 poin…
Two officers of Minefinders (VSE) sold shares in January and February. Senior officer and director Dale Hendrick exercised 50,000 options at 22 cents and sold 11,500 shares at $2-2.40 to hold 88,500 s…
Montreal-based Messeguay Mines (ME) can earn interests in Loubel Exploration’s (ME) two properties in Burkina Faso, West Africa. Messeguay can earn 49% of the 314-sq.-km Dossi property, which hosts tw…
The metals and minerals sub-index of The Bank of Nova Scotia’s commodity price index rose again in January alongside firmer prices for base metals, gold and potash. Aluminum prices strengthened dramat…
Through its Philippine subsidiary, TVI Copper (ASE) has filed six production-sharing agreements totaling 65,223 acres. The two claim blocks that constitute the position are on Mindanao Island. The gro…
A private placement of 1.2 million units of Tri Origin Exploration (TSE) is expected to raise $3.7 million. The proceeds will finance drilling on the Lewis Ponds project in New South Wales, Australia….
At $17.42 an hour, the average wage here for an underground miner is still well above that paid to industrial workers in Canada. But for the 290 unionized employees of MSV Resources (TSE), it represen…
Toronto-listed Rayrock Yellowknife Resources plans to increase its ownership in the Dee gold mine to 100% from the current 44% It will buy a 44% interest from Corona Gold, a wholly owned subsidiary of…
Ottawa-based Trillion Resources (TSE) has acquired 13 prospecting licences in southwestern Botswana. The area comprises 11,357 sq. km in the Kalahari district and can be explored for gold, base metals…
Junior Golden News Resources (VSE) has raised more than $11 million to buy Mexican-based Minera Sanex and prepare that company’s Luz del Cobre copper project for production. The junior raised the fund…
The next new mine in British Columbia could be the Mt. Polley copper-gold deposit in the central part of the province. A joint venture between Gibraltar Mines (TSE) and Imperial Metals (TSE) involves …
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