News

Vancouver — Healthy markets for base metals and coal enabled Teck Cominco (TEK.B-T) to post record earnings for the second quarter.

Globestar Mining (GMI-V) and Everton Resources (EVR-V) have intersected significant copper while drilling in the Bayaguana joint-venture area, northeast of Santo Domingo in the Dominican Republic.

Tsodilo — Andrew Moore, Pieter Gresse and Peter Walker appointed to technical committee; Moore resigned as director but remains as VP of exploration.

Toronto Venture Exchange-listed companies generally lost ground as gold headed lower during the report period ended July 27. The slump reflects fears of rising interest rates following better-than-expected economic indicators in the U.S. The S&P T…

A sagging gold price pushed the Toronto Stock Exchange’s gold index 9.28 points, or 4.8%, lower to a 2.5-month low of 183.89 during the July 21-27 report period.