News

PEOPLE (May 30, 2005)

Can-Cal Res. — Anthony Ciali resigned as president, CEO and director; Chairman Robert Sloan appointed interim president and CEO….


Abacus deals with Teck Cominco

Vancouver — Abacus Mining and Exploration (AME-V) has signed a letter of intent with Teck Cominco (TEK-T) to acquire processing facilities and infrastructure fro…





Court deals deathblow to Harmony bid

Fittingly, the 7-month battle between Harmony Gold Mining (HMY-N) and Gold Fields (GFI-N) has ended in a courtroom, with South Africa’s High Court ruling that Har…



Junior sector weakens with falling gold price

Junior mining stocks continued to show no signs of a turnaround as metal prices remained weak during the shortened trading period May 17-20. A strengthening U.S. economy and greenback are largely resp…


Magnetics essay contest returns

To encourage better understanding of magnetics in resource exploration and related fields, a group of mining suppliers is sponsoring an essay contest for Canadian post-secondary students….


Miners rebound

The Toronto Stock Exchange weathered a politically tumultuous holiday-shortened report period, May 17-20, to end 128.91 higher at 9,452.19 points. The golds managed to claw back 3.56 points from the p…


Twin Mining busy from Arctic to Idaho

Vancouver — Toronto-based Twin Mining (TWG-T) is looking into ways to advance its two core assets: the Atlanta gold project in Elmore Cty., Idaho, and a diamond exploration project…



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