Toronto-based Regal Goldfields (COATS) has picked up nine claims covering a diamond-bearing kimberlite pipe 20 km northeast of Kirkland Lake, Ont. Discovered by LAC Minerals (TSE) in 1984, the pipe yi…
Rivals Card Lake Resources and Teddy Bear Valley Mines will meet in court on Sept. 3 to settle a property dispute over Card Lake’s 5-claim property near Matheson, Ont., says Teddy Bear. Until then, Ca…
Faced with the recent closure of its only remaining metal mines, and a slump in both its fishing and oil sectors, Danish government authorities are attempting to increase exploration activity in Green…
The first two holes drilled by Greenstone Resources (TSE) on the company’s 49% owned Santa Rosa gold property in Panama have intersected encouraging results including 249 ft. grading 0.12 oz. gold per…
Toronto-based consulting firm Watts, Griffis and McOuat has signed a contract with Zambia Consolidated Copper Mines to review the exploration potential in that African nation. The work is part of a pr…
From Alaska to Sri Lanka and from Greenland to Bolivia there are projects with which Toronto- based consulting firm Watts, Griffis and McOuat (WGM) is involved. Recently it signed a contract with the …
Volumes were lighter than usual during the week ended Jan. 15 as investors remained fearful of war in the Persian Gulf following Iraq’s failure to comply with a United Nations ultimatum calling for it…
Edmonton-based Gwen Resources (ASE) has increased its interest to 50% from 25% in a group of 101 gold claims situated in Holloway and Marriot twps., near Matheson, Ont. The remaining half interest in …
Week’s Price (US) Change Gold* $403.70 + $13.00 Silver* $4.22 + $0.13 Platinum*$424.00 + $9.75 Nickel** $3.78 — $0.17 Lead** $0.27 Copper- $1.06 — $0.10 Zinc $0.52 — $0.05 Courtesy of Scotiabank. I…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 15 Jan 14 Jan 11 Jan 10 Jan 9 Copper 1272-1273 1291-1292 1310-1311 1314-1316 131…
An agreement has been reached between Freewest Resources (TSE) and Mint Gold Resources (COATS) whereby the two companies have an option to earn a 100% interest in a 59-claim property in Northumberland…
Arizona-based Phelps Dodge (NYSE) has dropped its option on the Stillwater strategic metals joint venture in Montana with Australian company Boulder Gold. Phelps Dodge had to decide by Jan. 15, whethe…
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