News

Drilling at Kimber Resources' Carmen gold-silver deposit in Mexico's Sierra Madre mountains.

Kimber aims to advance Carmen to feasibility

Stronger precious metals prices have re-ignited interest in Mexico’s Sierra Madre gold-silver belt, and among the beneficiaries is Kimber Resources (KBR-V), which plans to complete a feasibility study…


From left, Noranda's exploration manager in the Bathurst camp, Normand Dupras, New Brunswick Minister of Natural Resources Keith Ashfield, and Slam Exploration President Michael Taylor in front of a Fugro Dash-7. The aircraft is to conduct Megatem surveys over the Bathurst camp (see map, right). Noranda and Slam are involved in joint effort to outline base metal reserves for the Brunswick smelter, which is slated to close in 2008 unless more reserves are found. The provincial government is subsidizing the program.

Noranda takes another kick at the can in Bathurst

With a little encouragement from a province anxious to secure its mining future, Noranda (NRD-T) has sent an exploration team back to northern New Brunswick to investigate the 50-year-old Bathurst bas…


At Rare Earth Metals' Assean Lake project in Manitoba, Director Bob Sibthorpe (left foreground) discusses soil samples with Project Geologist Dan Ziehlke.

Rare Earth explores nickel find at South Bay

Vancouver — With more than $3 million in its coffers, Rare Earth Metals (REM-V) is busy exploring its four mineral properties — three in Manitoba and one in Nevada.In Manitoba, the company is engage…


Candente aims drills at Peruvian targets

Vancouver — Candente Resource (DNT-V) is preparing to drill its Alto Dorado and Canariaco properties in northern Peru.At Alto Dorado, the company intends to complete at least 2,000 metres in the firs…


Minco goes east for ‘Carlin’ gold

Barring unforeseen events and assuming exploration continues apace, the Qinling Gold Triangle is poised to become China’s equivalent of Nevada’s Carlin trend — one of the premier gold-mining camps in…


Producer and Dealer Prices (March 08, 2004)

Antimony: Mid-mkt US$2,700/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28/lb.Copper: Comex Mar. US$1.376/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…


Teck Cominco declares force majeure at Trail

Teck Cominco (TEK-T) has declared force majeure on deliveries of refined lead from its Trail smelter in southeastern British Columbia.An explosion inside the Kivcet lead furnace at Trail caused extens…


Western Keltic acquires Kutcho Creek in BC

Western Keltic Mines (WKM-V) will perform exploration drilling on its newly acquired Kutcho Creek project in northern British Columbia.The Kutcho Creek volcanogenic massive-sulphide deposit is one of …


Abacus drills Afton targets

A 10,000-metre drilling program will test numerous geophysical anomalies on ground held by Abacus Mining & Exploration (AME-V) in the Afton copper-gold camp, near Kamloops, B.C.The Vancouver-based jun…


TSX leads the world in mine financings

As in South Africa, gold has been one of Canada’s most important mineral products for a long time, but in the last few years we have begun to produce diamonds too. South Africa has the distinction of …


Higher aluminum prices forecast

We expect base metal prices to continue to perform strongly over the near term, even though we have already seen multi-year highs. We also believe the rising price cycle will turn after this year.In t…


Meguma gold enjoys revival

A small Nova Scotian exploration company led by William Felderhof believes a geological model developed by an Aussie junior to exploit the Bendigo goldfields in Australia is applicable to gold deposit…


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