In an ongoing drilling campaign, junior South-Malartic Exploration (MSU-M) has discovered a set of gold-bearing veins that are perpendicular to the main ore zone at the Croinor gold property, 55 km ea…
Minefinders (MFL-T) continues to report hot drill intercepts from its wholly owned Dolores gold-silver project in Mexico’s Chihuahua state.In the Main zone, hole 140 intersected 236.2 metres averaging…
The Dow Jones industrial average rose 104.86 points, or 1%, to close at 10,527.13 for the report period ended May 30 on the strength of a late-week surge by the Nasdaq.Gold miners were mixed as the go…
Precious MetalsPrice (US$/oz.)ChangeGold$272.25-$1.65Silver$ 4.90-$0.08…
The release of positive first-quarter results has prompted Newcrest Capital analysts David Davidson and David Christie to initiate coverage of First Quantum Minerals (FM-T).The company joined the rank…
Gary Howell, executive director for the Society for Mining, Metallurgy & Exploration (SME) since February 1994, has died. He was 54.Howell was a geologist with more than 27 years experience in mining….
The Hospitality Institute of Technology and Management, a Minnesota-based company that provides consulting services to the food industry, tested several different countertop materials for their respon…
Drilling by Gammon Lake Resources (GAM-T) continues to intersect encouraging gold-silver mineralization in the historic Ocampo mining district of Mexico’s Chihuahua state.Hole 80 cut 33.53 metres grad…
By mid-June, beleagured Hillsborough Resources (HLB-T) expects that a potential buyer will have completed a due diligence review of the company and its coal mine on Vancouver Island, B.C.In the meanti…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 30/99 (change from May 23 in brackets):MetalStock(tonnes)Change…
Armed with $8 million from a recent financing, Twin Gold Mining (TWG-T) is gearing up for a major exploration program at its Torngat diamond project, on the east side of Ungava Bay in northern Quebec….
Kvaerner Engineering & Construction has been awarded the contract for the Tintaya copper oxide project in southeastern Peru’s Altiplano district.The project, held by Broken Hill Proprietary, is Peru’s…
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