Last week’s gains in base metals prices continued, but these were outshone by gains made by precious metals. Commodity prices, however, had little effect on the Toronto Exchange Stock composite 300 in…
Toronto-listed Caledonia Mining has applied for three prospecting licences in Zambia covering a total area of 2,930 sq. km. The largest licence, the Kadola, covers more than 2,250 sq. km and is prospe…
In a quest to augment and upgrade gold reserves, Northfield Minerals (TSE) has embarked on a major program at its Cheminis mine near Larder Lake, Ont. The program, estimated to cost more than $1 milli…
Unlike diamonds, which need only be cut to improve their value, rubies and sapphires generally require heat treatment to enhance their clarity and color. Nowadays, 95% of all sapphires and rubies prod…
Discovery of a potential sizable gold occurrence in the Waugh Lake area of the extreme northeastern corner of Alberta has the area’s lease-holding syndicate looking for partners. The syndicate is cour…
Publicly traded junior mining companies in Nova Scotia — once thriving employers and significant contributors to the provincial economy during the late 1980s — are near extinction. The result has be…
Vancouver-listed Seawest Resources can earn a half participating interest in the Moody Twp. gold prospect of Glen Auden Resources (CDN). The 89-claim property is near Timmins, Ont. To earn the interes…
The annual meeting of Venezuelan Goldfields (TSE) was a low-key affair, with little news conveyed about the junior’s properties in Venezuela’s Kilometre 88 district. So far, 20 holes have been drilled…
Montreal-listed partners Societe Miniere Ecudor and Ressources Dianor report that exploration will begin soon on their Adanac gold property near Rouyn-Noranda, Que. Geophysical surveys by 30%-owner Di…
When sold last summer, Placer Dome’s (TSE) Dona Lake mine, near this northern Ontario town, appeared to be nearing the end of its productive life. But now, some 10 months later, mining operations are …
Despite the lingering recession and lacklustre gold prices, the Dome and Detour Lake mines of Placer Dome (TSE) are buzzing with excitement. At Dome, that optimism has spread throughout Timmins, as re…
When it comes to venturing into forbidding, faraway lands, James Allen has few equals. For the past 14 years, the bluejean-clad president of Burnaby, B.C.-based Weatherhaven Resources has been churnin…
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