Diamond explorer Ashton Mining of Canada (ACA-T) has identified four new drill targets on the Buffalo Hills joint venture plus four others on the surrounding Cayo lands in northern Alberta.The announc…
Having completed its due diligence, junior Valerie Gold Resources (VLG-V) is proceeding with exploration of the Santa Barbara gold-copper project in Ecuador.Valerie can earn a half-interest in the pro…
Coeur d’Alene, Idaho-based Hecla Mining (HL-N) has formed a joint venture with Fairmile Gold (FLA-A) in order to explore the Highland project, 100 miles east of Reno in west-central Nevada.Hecla can e…
The Dow Jones industrial average climbed 125.06 points, or 1.2%, during the report period ended Oct. 5 to close at 10,400.59.Gold miners were mixed as the metal continued its bumpy rise. Spot prices o…
By way of a $22-million private placement, Brussels-based major Union Miniere is acquiring a 20% interest in America Mineral Fields (AMZ-T), part owner of the stalled Kolwezi copper-cobalt tailings pr…
A feasibility study on the Jean-Gobele gold project in east-central Guinea has concluded that a 55,000-oz.-per-year open pit mine would be profitable at a gold price of US$260 per oz.Commissioned by o…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 5Oct. 4Oct. 1Sept. 30…
Antimony: Mid-mkt US$1,180/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$14.75-17.30/lb.Copper: Comex Dec. US$0.81/lb.Indium: Indium…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 5/99 (change from Sept. 28 in brackets):MetalStocks (tonnes)Change…
Drilling by Nevada Pacific Gold (npg-v) at its South Carlin property in Nevada has confirmed the presence of a large hydrothermal system.Partial assays from the 3-hole, 6,480-ft. program show elevated…
Drilling is set to begin at Noveder’s (NED-M) Betts Cove and Rainbow gold properties near Baie Verte, Nfld.The 1,100-metre program is designed to test the extensions of the producing horizon at the Nu…
Additional surface sampling has enabled Grayd Resources (GYD-V) to confirm high-grade gold values on its Rumble Creek property near Tok, in the Delta district of Alaska.The samples returned up to 61.4…
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