Vancouver-based First Quantum Minerals (FM-T) has borrowed US$14.2 million from KBC Bank to refinance and possibly expand its Bwana Mkubwa copper tailings recovery project in Zambia.The debt facility,…
A sub-surface layer of till containing kimberlite float boulders has been uncovered by Ashton Mining of Canada (ACA-T) at the Star joint-venture property in the Northwest Territories.The junior diamon…
Creditors of Namibian Minerals (NMR-T) have approved a plan of arrangement that will bring the company’s subsidiaries out of provisional liquidation, leaving it to the South African courts to give fin…
DateJuly 17July 16July 13July 12July 11BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)b>Aluminium1419/14461419/14461424/1450.501426/14…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Where does gold come from?The most abundant elements found in nature, such as oxygen and carbon, are seen throughout the universe, the products of exploding stars known as supernovas. Scientists agree…
Infill drilling by Wolfden Resources (YWO-V) at the High Lake copper-zinc deposit in Nunavut has returned high copper grades.Four holes were recently completed on the deposit, about 500 km northeast o…
Slumping nickel, copper and zinc prices more than halved Falconbridge’s (FL-T) earnings during the three months ended June 30.The company posted earnings of $55.8 million (or 30 per share) for the th…
Vancouver — Diamondex Resources (DSP-V) is stepping up the pace of exploration at its wholly owned King property in the Northwest Territories.The junior is drilling holes 4 and 5 as part of a $2.7-mi…
Drilling by Kennecott Canada Exploration on Tahera’s (TAH-T) Rockinghorse property in Nunavut has uncovered a new kimberlite body.The so-called Anuri kimberlite was discovered near the head of the pro…
Drilling at the Naartok gold deposit, east of Bathurst Inlet in Nunavut, has returned more mineralized intersections for partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T).Seven drill holes at …
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Black Swan Resources (BSW-T) — Kenneth Judge, director and owner of more …
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