News

Copper bugs in Chile

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.


Metanor buys Bachelor Lake mine

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).


Knight translates knowledge into honour

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 explores Ardeen

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.


Higher gold price sparks trading

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…


US not just idiots

Carolyn Parrish, as an English teacher, describes things as she sees them (re. Idiot’s guide to Parliament, T.N.M., Sept. 3-9/04).



A view of Meridian Gold's flagship El Peon gold-silver mine in Chile, one of the lowest-cost gold mines in the world.

Meridian options Nicaraguan find

Eager to expand its exploration efforts and use the expertise gained from mining low-sulphidation epithermal vein systems in Chile, Meridian Gold (MNG-T) has struck a deal with Radius Gold (RDU-V) to earn a 60…


Juniors rebound on back of stronger gold price

On the heels of last week’s positive trading period, TSX Venture Exchange-listed companies continued to gain ground as the gold price climbed higher, owing to a weaker U.S. dollar. The S&P-TSX Venture Exchange index continued its climb from Sept.


Strateco, GeoNova hit significant gold

Strateco (RSC-V) and partner GeoNova Explorations have intersected significant gold on their jointly held Discovery project, 45 km northwest of Lebel-sur-Quvillon, Que.


Pat McAndless, Imperial Metals' vice-president of exploration (centre), and Biran Kynoch, president (right), at the Northeast zone drill site, part of the Mount Polley project in central British Columbia.

Drilling expands Mount Polley

Vancouver — Imperial Metals (III-T) has expanded copper-gold mineralization at the Mount Polley mine project, 56 km northeast of Williams Lake in central British Columbia.


Gold Fields explores Committee Bay

Gold Fields (GFI-N) has added $880,000 to the exploration budget for the Committee Bay gold project, northeast of Baker Lake, N.W.T. The project is a joint venture with Committee Bay Resources (CBR-V).


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