Most mineral exploration geologists are now familiar with the use of chemical analysis of rocks, soils, plants or water in determining concentrations of mineralization in bedrock.Historically, prospec…
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Vancouver-based Formation Capital (FCO-T) is raising $500,000 in a private placement of 1.25 million units.Each unit consists of one share and one warrant, and will be sold for 40 cents. A warrant wil…
Continued low copper prices dragged down earnings for Phelps Dodge (PD-N) in the last quarter of 1998.The company reported a fourth-quarter loss of US$9.8 million (or 17 cents per share) before non-re…
The Vancouver Stock Exchange composite index continued its slow climb, gaining 4.28 points to close the week ended Jan. 19 at 422.22. The mining index edged up 0.13 point and finished at 308.32. Meanw…
The Highland Valley copper mine in the Kamloops region of British Columbia is the latest casualty of poor commodity prices.The major decline in world copper prices over the past 18 months has forced t…
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Toronto-based Rex Diamond Mining (RXD-T) has discovered macrodiamonds at its El Hammami lease in northern Mauritania.Analyses of 878 soil samples taken between September and November of 1998 revealed …
Suncor Energy is a unique and sustainable Canadian integrated energy company dedicated to vigorous growth. The company is a world leader in oil sands development, a high performing oil and gas produce…
Barrick Gold (ABX-T) has increased its cash takeover bid to $5 per share for Argentina Gold (ARP-V), following a report that the junior struck gold at the new Amable North target on its Veladero prope…
The Supreme Court of British Columbia has granted AG Armeno Mines & Minerals (AGM-T) default judgment in its lawsuit against Jusuf Merukh in a matter involving the Batu Hijau copper-gold project in In…
Toronto-based Morgain Minerals (MGM-V) has drilled several long gold intersections at its new San Francisco mine property, near Cucurpe in Mexico’s Sonora state.The junior has received assay results f…
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