U.S. stock markets turned downward in the report period Sept. 22-28 amid generally gloomy news on consumer spending and durable goods orders, and on a further decline in leading economic indicators. The Dow Jones Industrial Average was off 1.6% at…
Vancouver — Undergound drilling by Tenajon Resources (TJS-V) on the Summit Lake gold project is one of many exploration programs under way in the rugged Stewart area of northwestern British Columbia.
Corporacion Nacional del Cobre de Chile (Codelco), the state-owned king of copper producers, could be the first major mining company to build an industrial-scale copper plant that employs heat-loving bacteria as processing agents.
For $2.3 million in cash, Montreal-based junior Metanor Resources (MTO-V) has bought a 100% interest in the formerly producing Bachelor Lake gold mine in Quebec from miner Campbell Resources (CCH-T).
Renowned German geologist Hans Cloos once wrote that his ilk translate the Earth’s language into their own through trained senses and disciplined thinking. Ian Knight, a geologist with the Newfoundland and Labrador Geological Survey (NLGS), is one…
Goldcorp (g-t) has begun data compilation and surface sampling at Pele Mountain Resources‘ (gem-v) wholly owned Ardeen high-grade gold project, 110 km west of Thunder Bay, Ont.
The report period Sept. 22-28 saw the price of gold rise another US$3.20 to close at US$411.70 per oz. in the afternoon in London. In New York, oil prices rose above US$50 a barrel for the first time. The energy index was up 2% at 188.17 points. T…
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