Temporary refining problems at the La Coipa mine in northern Chile have resulted in lower first-quarter earnings of US$2 million (2 cents per share) for TVX Gold (TSE) compared with US$3.1 million (2 …
Steve, my boss, kidded me on my first day at the drill rig: “If you want to be a driller, you have to chew snoose.” I declined a can of Wintergreen Skoal but decided that someday I’d try it. I loved t…
Toronto-based Repadre Capital (VSE) has signed a letter of intent with Wheaton River Minerals (TSE) giving the former a net smelter return (NSR) royalty on all mineral production from North American M…
KWG Resources (ME) has signed a letter of intent to buy 50% in four concessions in the municipality of Coromandel, Brazil, for US$1.8 million. One of the concessions, Charneca, produced diamonds value…
Iron and Steel, Relying on China, published by AME Mineral Economics, GPO Box 3602, Sydney, NSW 2001, Australia. 300 pages. After a decade of rationalization and job losses, huge new investment progra…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 1 May 31 May 28 May 27 May 26 Copper 1147-1148 N/A 1146-1147 1157-1158 1185-118…
Definition drilling on three new mineralized lenses at the Copper Rand mine in Chibougamau, Que., has led to the discovery of a fourth. Property-owner MSV Resources (ME) reports that significant inter…
Toronto-listed Campbell Resources is planning to sell $10-15 million in special warrants which can be swapped for common shares at 88 cents each. Proceeds from the financing will be used to develop re…
Having agreed to acquire a majority interest in a gold property in the Guyana district of Venezuela, Bema Gold (TSE) plans to transfer the property to its 76%-owned subsidiary, Labyrinth Resource (VSE…
An additional private placement totaling $500,000 has increased Cazador Explorations’ (VSE) flexibility in putting the Keystone gold project, near Lynn Lake, Man., into production. Granduc Mines (TSE)…
Manhattan Minerals (VSE) intends to add to its fold of Mexican properties by acquiring an option to buy five concessions covering a large copper-gold-silver skarn zone in central Sinaloa state. Manhat…
Montreal-based junior Yorbeau Resources (TSE) has raised $750,000 by way of a private placement with five investors. The placement consists of 1.9 million class A shares at 40 cents each and 937,500 w…
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