Senior gold producers have benefited the most from the recent run-up in gold prices, and with price-to-earnings (and cash flow) ratios becoming somewhat rarefied, the market has started to come round …
The pace of staking in the Northwest Territories has accelerated in recent months. But even as new companies jump into the diamond play, claims acquired during the early days of the rush may be droppe…
The former president of the Business Council of British Columbia will have six months to complete a review into the roles and regulatory responsibilities of the Vancouver Stock Exchange (VSE) and the …
Drilling is planned by Placer Dome (TSE) to test a previously defined gold resource and further explore the Mulatos property in the Sierra Madre mountains of Mexico’s Sonora state. The volcanic-hosted…
The boards of CMP Resources (VSE), Plexus Resources (TSE) and a numbered Ontario company have agreed to amalgamate. The 3-way merger will result in a new gold-oriented company, Kinross Gold, which wil…
Hamburger Metallkontor Gmbh & Co. of Hamburg, Germany, and partner Onshore Resources of Dublin, Ireland, are continuing their search for sedimentary-exhalitive (SEDEX) lead-zinc deposits in central Eu…
A company whose history reaches back more than half a century, is slowly winding down. Kerr Addison Mines (TSE) recently sold its exploration assets to Metall Mining (TSE) for $23.5 million. The holdi…
Pursuant to a previous agreement, Euro-Nevada Mining (TSE) has issued two million special warrants at $25 each to raise $50 million. Each special warrant is convertible into a common share and a warra…
Reunion Mining, 48%-owned by Caledonia Mining (TSE), has reached an agreement whereby Blue Falcon Mines may earn up to a 75% interest in a property in central Zimbabwe. The Magondi property covers a 4…
— Week — May 18 May 17 May 14 May 13 May 12 High Low Composite “300” 3826.85 3792.48 3813.33 3801.34 3796.52 3826.85 3768.32 Metals&Minerals 2865.11 2856.10 2877.26 2891.49 2874.90 2905.52 2825.80 I…
Fifty senior managers at Noranda (TSE) have sold 1.6 million common shares at $20.50 per share through the Toronto Stock Exchange to raise $32.8 million. They used about $30 million of the proceeds to…
“They take the gold. We keep the cyanide.” So warns a full-page advertisement in the April 12 issues of The Spokesman-Review and The New York Times (western edition). It is the latest blow in an attac…
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