News

Giant Swedish mining firm Boliden Minerals reported it plans to spend about $50 million during the next 4-6 years on grassroots exploration in the Skellefte area of Sweden. Boliden, part of the Trelle…

Millstream Mines (COATS) has completed a private placement of 909,198 common shares at 20 cents per share. The company says proceeds of $181,839 will be used to pay off outstanding debts.

Brian Fairbank, Arthur Radtke, Marjorie Easley and Reginald Faulkner elected to the board.

James Knox, Gregory Pusey and John Willson appointed to an interim executive committee of the board of directors; Keith Hulley resigned as president and director.

Toltec Resources Ltd — 300,000 units offered @ 95 cents per unit.

Bob Ruess appointed senior mining engineer.

Management of Tundra Gold Mines (VSE) is considering a share capital restructuring designed to attract new investors. Still active in Quebec and Ontario, the Vancouver company is also planning to chan…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 107.40 106.35 106.50 –2.15 Feb 107.10 106.00 106.85 –1.90 Mar 106.40 105.00 105.95 –1.75 SILVER (in US cen…

Vancouver-based Teck (TSE) has withdrawn from participation in the East Greenland gold-platinum project of Platinova Resources (TSE), the latter company reported. Toronto-based Platinova said an assay…

Confirming a base metal find on their property near Matachewan, Ont., Strike Minerals soared to new highs for the week ended Jan. 22, gaining 20 cents to close at 65 cents on a volume of 509,700. Part…

Partners Golden Dragon Resources (VSE) and Glen Auden Resources (TSE) have released more assays from their Beatty Twp. gold project under option to Noranda (TSE) in northern Ontario. Noranda Explorati…

A recent agreement between a unit of AsarcoKookaburra Gold…