News

TVX Gold directors Fernando Cabral Silva and Nigel Lees took the opportunity recently to reduce their holdings in the Toronto-based company. According to the Ontario Securities Commission OSC Bulletin…

The market portfolio and mining and minerals index moved in opposite directions, with the former gaining almost 14 points and the latter dropping by almost 14 points during the week ended Dec. 3. Dail…

BGR Central Net Value $8.65 $5.08 Price $8.00 $4.550 Discount 7.49% 10.4 Value $51,484,000 $76,550,565…

During a quiet week on the unlisted network, White Star Copper Mines and Chance Mining and Exploration, which both hold ground in the vicinity of the Kidd Creek mine near Timmins, Ont., were among the…

Lac Minerals Ltd – 11,000,000 shs offered @ $9.625 per sh.

Comstate Resources (TSE) announced it is negotiating private placements totalling about 1.4 million units at 45 cents per unit to purchasers in British Columbia, Alberta and Saskatchewan. Gross procee…

Shaken by a lawsuit and recent inquiries from the Ontario Securities Commission (OSC), Teddy Bear Valley Mines (CDN) has replaced long-time chairman Ross Hofmann with Jack Riddell, a director of the c…

The furnace at Inco’s (TSE) Port Colborne refinery has failed and will be out of service until the end of the year. Normally, the refinery would produce about six million pounds of utility nickel per …

Both the resource and composite indices finished the week ended Dec. 3 higher. The resource index added more than eight points to close at 516.99, while the composite index finished at 566.35 for a ga…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec 101.75 100.70 101.60 – 3.05 Jan 101.30 100.30 101.30 – 2.95 Feb 100.75 100.35 100.80 – 2.90 SILVER (in US cen…

The House of Commons in Ottawa is slowly working its way through the process of enacting Bill C-13, the Act to establish a federal environmental assessment process to replace the existing guidelines. …

Archer, Cathro & Associates (ACA) recently agreed to assign Big Creek Resources (VSE) its option to earn a 50% interest in the Casino property owned by Casino Silver Mines (VSE). The property, in the …