Gold failed to provide a bounce during the week ended Sept. 14, pausing only momentarily at the US$350-per-oz. level before slipping US$5 per oz. to the US$345 level. The 180 degree turn in sentiment …
Having survived as a junior for more than a decade, Rea Gold (TSE) is establishing itself as an operating company with the ability to construct and manage mines. Headed by James Hogan and a new manage…
More than 30 mining companies with combined interests in 32 million acres of diamond exploration property across Canada have entered into share-purchase agreements with Caratax Diamond Exploration Ltd…
Sudbury, Ont.-based Jarvis Resources (VSE) has optioned four separate claims in Grigg and Scadding twps., raising to 19 its claim units in the area. Former work on the properties has identified units …
Diamond producer De Beers of South Africa reported a 42% increase in sales of rough diamonds to US$2.5 million during the first six months of 1993 compared with the same period last year. De Beers sai…
After the strong summer bull market, most precious metals have been losing ground as a result of profit-taking by speculators. The question is, after testing the downtrend line, will these metals even…
The auriferous zone at the Douay property of Northern Abitibi Mining (ASE) in northwestern Quebec has been traced for more than 2,600 ft. along strike. Drilling by Soquem, the Quebec Crown exploration…
The parent company of Audrey Resources (TSE) has agreed in principle to provide Audrey with a loan facility worth up to $17 million. The loan from Cambior (TSE) will allow Audrey, which is developing …
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne Date Sept. 7 Sept. 6 Sept. 3 Sept. 2 Sept. 1 Copper 2011-2012 2006-2008 1994-1995 1986-1988 1970-1972 Lead 385-386 383.5-384.5 37…
Price (US) Week’s Change Gold* $352.25 $19.55 Silver* $4.26 $0.57 Platinum* $356.50 $25.00 Nickel** $2.03 $0.02 Lead** $0.18 + $0.01 Copper $0.90 + $0.01 Zinc $0.40 + $0.01 Courtesy of Scotiabank. Inf…
By expanding the mill at its Lone Tree mine near Winnemucca, Nev., Santa Fe Pacific Gold hopes to boost annual production to more than 200,000 oz. gold. The heap-leach mine poured its first gold two y…
On Oct. 1, the Toronto Stock Exchange will introduce a new benchmark of Canadian market performance — the TSE 100 Index. According to the TSE, the 100 Index is intended mainly to enable institutional…
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