A 27.55-pt loss carried the TSE composite under the 4000-pt mark to a close of 3971.28 pts today. The metals and minerals index was a big loser, slipping a full 1.1% or 45.37 pts to 3815.1 pts. The …
Already a gold producer at its Ptarmigan mine near Yellowknife, N.W.T., Treminco Resources (VSE) plans to buy the producing Silvana silver-lead-zinc mine near the town of New Denver in southeastern B…
Northgate Exploration (TSE) reported net income of $880,000 or 0.03 cents per s hare for the second quarter. In the same period last year, the company reported net earnings of $1.3 million or 0.06 cen…
Poor drill results from the Lac St. Jean nickel prospect owned by McNickel Inc. resulted in a sell-off. The issue tumbled to $1.50-$1.75 on active trading today. Results from a series of drill holes, …
Week’s Price (US) Change Gold* $360.00 –$ 1.20 Silver* $ 5.09 –$ 0.04 Platinum* $475.75 –$ 1.35 Nickel** $ 5.31 –$ 0.41 Lead** $ 0.32 –…
Partners Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) are using an assaying technique they hope will avoid any innaccuracies in t he results r eleased from the Eskay Creek property in…
North American gold producer Corona Corp. (TSE) has decided not to pursue an investment strategy to gain control of Bond International Gold (TSE). Corona says it has exercised its right to sell its 7%…
With all necessary permits in hand, construction of a 2,500-ton- per-day heap leach mine has started on the Mother Lode gold property near Beatty, Nev. Commercial production is slated to begin in Dece…
The Williams mine here in Hemlo country, a joint venture between Corona Corp. (TSE) and Teck Corp. (TSE) now that LAC Minerals ( TSE) is out of the picture, is on target to produce approximately 500,0…
Placer Dome Inc. (TSE) is about to examine the commercial potential of a bacteria-enhanced gold recovery system called bioleaching at its Campbe ll gold mine i n Red Lake, Ont. A deal has been signed …
Glimmer Resources (TSE) reports encouraging drill results from its gold proper ty in Beatty and Hislop twps. 42 miles east of Timmins, Ont. Two holes were drilled to test a portion of the Destor-Porcu…
With a 23,000- ft underground drill program nearing completion on the Sulphurets property north of Stewart, B.C., Newhawk Gold Mines (TSE) is planning to extend the decline (now completed to the 120…
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