Although Curragh Resources (TSE) will likely survive the Westray coal mine disaster in Nova Scotia, it will emerge from the wreckage with a severely damaged reputation in the eyes of investors and cre…
With a sharp eye on costs, Falconbridge Gold (TSE) will be turning more and more to southern Africa (especially Zimbabwe) for its expanding exploration and production. “Regrettably, the company has re…
Week’s Price (US) Change Gold* $334.75 – $2.00 Silver* $ 4.08 + $0.01 Platinum* $352.80 + $0.15 Nickel** $ 3.31 – $0.04 Lead** $ 0.24 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.61 – $0.02 Courtesy of Scotia…
Lighter than air and colorless, methane is abundant in nature. It is the main component of natural gas and it is a common accompaniment of coal. While the gas is typically odorless, the commercial pro…
Placer Dome’s (TSE) “gross strategy” in the months ahead will be to undercut worldwide average production costs of US$265 at all of its mines while maintaining gold production, President Tony Petrina …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 12 May 11 May 8 May 7 May 6 Copper 1226-1227 1235-1236 1240-1241 1231-1232 1226-…
As rescue workers pulled more bodies from the depths of the Westray coal mine in Nova Scotia today, May 13, Curragh Resources continued its free fall, dropping 5 cents to $3.10. The latest decline fol…
Practically everyone knows everyone in the Canadian drilling industry, and that was clearly evident at the 49th annual convention of the Canadian Diamond Drilling Association (CDDA) staged here recent…
Last year when I took over the presidency of the Canadian Diamond Drilling Association, I mentioned that I was born during worst year of the Depression. It seems ironic that the past year may become k…
No two holes are drilled exactly alike and careful planning is the key to any hole completion, say Noble Larsen and Percy Wicklund in a paper titled “Drilling the Hawaiian scientific observation holes…
Western markets continued a trend of general weakness during the period ended May 12, with the Vancouver composite index sliding by more than five points to finish at 615.71. The resource index sat un…
A phase-three, 2-hole drilling program on Fort Knox Gold Resources’ (TSE) Fawcett Twp. property near Shining Tree, Ont., has returned weak copper-nickel mineralization from the south grid. Hole SG-12 …
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