The Vancouver Stock Exchange composite index slid 7.28 points, or 1.2%, to close the May 6-12 report period at 623.83. The mining index followed suit, losing 13.67 points, or 2.8%, to close at 474.97….
A research report by Tracy Hurley, mining analyst for Wolverton Investment Services, describes Cumberland Resources (CBD-T) as “undervalued” and a “speculative buy.”The report focuses on Cumberland’s …
The first set of caustic fusion results from three of the nine new kimberlites discovered during the 1998 winter exploration drilling program on the Buffalo Hills project in north-central Alberta show…
Drilling at the Sierra Azul lead-zinc-silver property in Mexico’s Coahuila state has extended mineralization down dip from the past-producing Santa Genoveva mine.Owner Stratabound Minerals (SB-A) repo…
Partners Pangea Goldfields (PGD-T) and Sundust Resources (SUN-M) have reached the final stretch of a second phase of drilling at their Victoria polymetallic property in Peru.Pangea, which is managing …
Toronto-based Laramide Resources (LAM-T) has completed the first stage of its acquisition of the Bilbao base metal property in Mexico’s Zacatecas state.The junior has made the first $250,000 payment t…
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Aluminium: LME settlements US$1,1362.50, alloy US$1,266 per tonne (May 12/98).Antimony: Representative mid-market US$1,500 per tonne (May 12/98).Bismuth: Representative mid-market US$3.90 per lb. (May…
Majors Rio Algom (ROM-T), Noranda (NOR-T) and Teck (TEK-T) are teaming up to develop the Antamina copper-zinc project in Peru.Noranda and Teck have each agreed to buy half of Inmet Mining’s (IMN-T) 50…
Nuinsco Resources (NWI-T) has completed an initial 10-hole diamond drilling program at its Lac Rocher nickel-copper property, situated about 120 km north of Matagami, Que.The program was designed to t…
In a move its chairman described as “pulling in our horns,” Barrick Gold (ABX-T) has dealt options on its West and Central African gold projects to South African-based mining house Anglo American.The …
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