News

A consultant’s report for Crowflight Minerals (CML-V, CMLGF-O) has added an inferred resource to a previously defined indicated resource at the Bucko nickel deposit in northern Manito…

The government of the Central African Republic has set its seal on a mining convention with Axmin (AXM-V, AXMIF-O) for the development of company’s Bambari exploration permit, in the…

Gold production by Iamgold (IMG-T, IAG-N) rose 3% to 447,000 oz. in 2005, while costs, reflecting the falling U.S. dollar, rose about 11% from the year before….

Equity markets south of the border clawed upwards during the reporting period Feb. 21-27, but corrections in the metal markets proved to be too much for the previously buoyant resource sector. While t…

Following a positive prefeasibility study, Goldbelt Resources (GLD-V, GLDDF-O) has submitted applications for mining permits on the Inata gold deposit, part of Goldbelt’s Belahouro pr…

Vancouver — Glamis Gold (GLG-T, GLG-N) has inked an agreement to acquire Western Silver (WTC-T, WTZ-X) in a share deal valued at about $1.2 billion….

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…

Close: Feb. 24, 2006…

Thunder Bay, Ont., junior Wolfden Resources (WLF-T, WFDNF-O), with a significant presence in the Arctic already, has gone on a Slave Province shopping spree….

Vancouver — Strong bullion prices helped offset some higher mine operating costs for Newmont Mining (NMC-T, NEM-N) in 2005, resulting in annual net earnings of US$322 million, or 72…

Lower head grades at the Kumtor gold mine in Kyrgyzstan increased production costs at Centerra Gold (CG-T, CAGDF-O) in 2005, leaving the gold miner with net earnings of US$42.4 millio…

Stronger precious metal prices helped the junior-resource-dominated S&P-TSX Venture Composite Index inch up 4.15 points to close the Feb. 21-27 trading session at 2,543.33. Average daily trading v…