Red Lake gold plays attract interest
Vancouver — Despite a strong showing in gold-related stocks, Canada’s junior exchange drifted lower over the report period ended June 25. The Canadian Venture Exchange composite index dropped 7.21 po…
News
Eldorado ups Kisladag
Vancouver — Eldorado Gold (ELD-T) has incorporated this year’s drill results into a resource estimate for the Kisladag project in western Turkey.The 4,565 metres drilled in 2002 have helped define th…
PGMs bullish in May
The investor and dealer selling that had undermined the platinum price in late April eased in early May, and physical demand provided a solid floor around US$520 per oz.The positive fundamentals for p…
MOST ACTIVE ISSUES, JUNE 19-25
ExchgVol(000s)HighLowCloseChangeKinross GoldT348793.963.273.70+0.38…
IMA gains ground in southern Argentina
Vancouver — IMA Exploration (IMR-V) has acquired the 127-sq.-km Victoria claim package, which is contiguous with the company’s Bayas property in southern Argentina’s Chubut province.The new property …
Cdn. Royalties targets Ungava’s board
The fight between Canadian Royalties (CZZ-V) and Ungava Minerals (UNGV-CUB) has taken a twist, with the former, via a numbered subsidiary company, launching a 10-per-share cash bid for 51% of the lat…
Marshall Fork yields 17-carat diamond
Partners Diamond Fields International (DFI-T) and South African-based Trans Hex Group have recovered a 17-carat alluvial diamond off the coast of Namibia, near the town of Luderitz.The stone, which ca…
Another Hemlo?
A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…
Cameco buys Smith Ranch
Cameco (CCO-T), the world’s largest uranium supplier, just got bigger.The Saskatoon, Sask.-based company has agreed to buy the Smith Ranch in situ leach mine and various other ISL properties in Wyomin…
Golds still have legs: Allan
In a series of reports released in June, Research Capital mining analyst Barry Allan takes a look at the gold sector and concludes it still has room to move higher.First, he examines the relationship …
Micon finds alliances expand reach
Mineral industry consulting firm Micon International has found that non-exclusive alliances, such as the one it announced in late May with poject-management and technology firm Wardrop Engineering (T….
Syncrude’s Carter named MAC chairman
The Mining Association of Canada (MAC) has elected James Carter, president of Syncrude Canada, as its new chairman.The previous chairman was Guy Dufresne, chief executive officer of Quebec Cartier Min…