Over the shortened report period ended Dec. 18, the Vancouver Stock Exchange composite index gained 11.26 points, or 1.9%, to close at 595.45.The mining index was also up, rising 13.14 points, or 2.7%…
Higher production and lower costs at the Quinsam coal mine enabled Hillsborough Resources (HLB-T) to report net income of $1.2 million for the first nine months of 1997.The company reported net income…
An initial public offering of US$55 million will be used by Denver-based Apex Silver Mines (SIL-X) for the development of its silver projects.The company recently completed the offering, based on five…
Minpro International will be the name applied to the new company formed by the merger of Oro Blanco (ORBL-C) and privately owned Minpro. The company will trade on the Canadian Dealing Network under a …
An agreement between Intrepid Minerals (iau-a) and Focal Resources (fcj-v) will see the two companies split their joint-ventured properties in Central America, with Focal concentrating its efforts in …
Among the most comical of all dogs is the low-slung, sad-eyed basset hound. They tend to be stubborn, almost untrainable, but are among the most lovable of a creatures.Little known by most people is t…
A group of institutions have committed to purchase US$45 million of secured notes from Royal Oak Mines (RYO-T), conditional to satisfactory documentation and completion of due diligence.The funds are …
Banro Resource (BNRS-C) has hit another long gold intersection at its Twangiza gold project in the Democratic Republic of Congo.Hole 3 hit 328 metres (from 126 to 454 metres) grading 1.64 grams gold p…
Minco Mining & Metals (MMM-V) has signed two co-operation agreements with a large Chinese base-metal producer, Baiyin Non-Ferrous Metals (BNMC), covering a pair of base metal projects in China’s north…
Plans by Cominco (CLT-T) to reopen the Sa Dena Hes zinc-lead mine in southeastern Yukon have been cancelled following the deterioration of market conditions.Cominco, the operator, has a 25% interest i…
Australian-listed Spinifex Philippines intends to earn a majority interest in the Rapu Rapu polymetallic property on the Philippine island of Luzon.To earn a 65% stake in the project, Spinifex must sp…
Estimates for the Bulyanhulu gold deposit in northwestern Tanzania now exceed 6 million oz., representing an increase of more than 500,000 oz. from previous calculations.As part of an ongoing feasibil…
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