Barrick Gold (ABX-T) has decided to take a smaller stake in Russian-based Highland Gold Mining than previously planned, preferring instead to invest directly in mines in the world’s largest country.Ba…
The chances of finding a diamond mine in Canada are much greater than in the rest of the world, according to Robert Boyd, president and CEO of Ashton Mining of Canada, who spoke at the recent Cordille…
Vancouver — Canada’s junior exchange lost ground over the week ended Feb. 3 as investors moved into tech stocks, with gold idling at US$400 per oz. The S&P-TSX Venture Exchange composite index closed…
Buyers outpaced sellers over the Jan. 28-Feb. 3 report period to push the S&P-TSX composite index up 72.55 points. The benchmark finished the week at 8,660.70.Gold had a rather bi-polar week, soaring …
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 3Feb. 2Jan. 30Jan. 29Jan. 28Al Alloy1505/1535…
Vancouver — Copper Ridge Explorations (KRX-V) has closed a $1.9-million short-form offering, with most of the proceeds earmarked for initial exploration of the Quitovac gold property in Mexico’s Sono…
Alcoa — Tomas Sigurdsson appointed managing director of Fjardaal plant in Iceland.Argosy Minerals — Peter Lloyd appointed chairman.Banro Corp. — John Clarke appointed director.
The report period Jan. 28-Feb. 3 may have been more remarkable for what didn’t happen than for what did. Reaction to the U.S. Federal Reserve’s Open Market Committee dominated the U.S. equity markets …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 3 (change from Jan. 26 in brackets):MetalStock(tonnes)ChangeAluminium1442150(-98…
The shock in the bullion markets at the end of January left some people wondering if the long-awaited gold bull had met a sudden end.What caused the US$10 drop was an announcement from the Federal Ope…
Convinced that the Meadowbank gold deposit is rich enough to support an open-pit mine and mill in the High Arctic region of Nunavut, Cumberland Resources (CBD-T) is advancing the project through the f…
Although best known for its Tabakoto-Segala gold projects in the Kenieba district of Mali, Nevsun Resources (NSU-T) has launched a major drill program to advance a promising, high-grade gold and base …
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