News

Juniors struggle amid weaker metals

Vancouver — Junior mining stocks showed weakness over the Easter-shortened trading period March 22-28 in the face of weaker prices for precious and base metals. The TSX Venture Exchange lost 76.42 po…


Spot Prices Tuesday, March 29, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $426.95 -3.70
Silver $6.92 -0.19
Platinum<...


Kimber tests structures near Carmen

Vancouver — Kimber Resources (KBR-T) is drill-testing structures at or near the Carmen deposit, a former producer at the company’s Monterde property in Mexico’s Sierra Madre gold-s…


Eldorado stays in the red

Vancouver — Lower production and higher costs at the Sao Bento mine in Brazil contributed to a loss for Eldorado Gold (ELD-T) in 2004. The company posted a US$14-million loss (US5…



Hillsborough profitable

Vancouver — Robust coal prices pushed Hillsborough Resources (HLB-T) into the black for both the last quarter of 2004 and the entire year. The Vancouver-based company earned $1.8 m…


Drillers at Candente Resource's Caariaco copper-gold project in Peru.

Candente sizes up Caariaco

Vancouver — Candente Resource (DNT-T) is encouraged by the initial resource estimate for the Caariaco project in northwestern Peru….






Lumina alters plan

Vancouver — Lumina Copper‘s (LCC-T) planned corporate restructuring, which will result in the creation of four new companies, has been altered. One of the proposed new entities has…


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