News

Vancouver — A delay in public hearings on the proposed development of the Doris North gold deposit in Nunavut has forced Miramar Mining (MAE-T) to push back the startup date to mid-2006 from late 2005.

Aker Kvaerner wins contract…

Intrepid Minerals (IAU-V) has intersected impressive gold, silver and bornite-chalcopyrite mineralization — all in one hole — at its San Cristobal project, 20 km northeast of San Miguel, El Salvador.

London-based Barclays Capital, the investment banking division of Barclays, has begun taking part in London’s gold fixing sessions after purchasing a vacant seat on the London Gold Market Fixing board from investment banker NM Rothschild and Sons.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 8 (change from May 28 in brackets):…

Today, funds play an important part in trading activity at all major metals exchanges. A common view is that investment funds dominate metal price movements and that physical developments are largely irrelevant. While this would concern commodity…

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

American Diamonds and Firestone Diamonds (FDI-L) are joining forces to explore for diamonds in the U.S. The former is jointly owned by Dunsmuir Ventures (DW-V) and Majescor Resources (MAJ-V)…

Cancor Mines (KCR-T) and Cambior (CBJ-T) have intersected massive sulphide lenses with significant gold and silver assays on their Gemini-Turgeon project, 80 km north of La Sarre in Quebec’s Abitibi region.

Roughly 220 workers at the Tara zinc mine, 60 km north of Dublin, returned to work after an agreement was reached to settle, via mediation, a 9-month dispute.