News

As investors tried to reduce their exposure to an uncertain market place, it was a rare issue which traded more than 150,000 shares. Consolidated CBA Ltd. and Consolidated Golden Standard were among t…

Turbulent trading continues to be the trademark of the current market, where the weakened state of the U.S. dollar seems to be the focus of everyone’s attention, as well as that country’s huge deficit…

The first phase of a reverse circulation drill program has been completed by Baden Explorations and joint venture partner Keld’Or Resources. The work was completed on their gold property near Carefree…

Midland Energy Corp. of Vancouver will quadruple the value of its ore reserves and increase its exposure to Third World mining by acquiring Rayrock Yellowknife Resources’ Chilean, Ecuadorian and Costa…

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 3 Nov. 2 Oct. 30 Oct. 29 Oct. 28 Copper 1223-1224 1194-1196 1175-1178 1145-1…

N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. 88.60 86.75 88.60 + 7.30 Dec. 86.90 84.50 85.60 +…

Volumes were way down on the Vancouver Stock Exchange this week compared to the previous week. Only one issue — Tundra Gold Mines — traded more than a million shares. Last week Tundra traded more th…

The fact that a dentist a few years ago discovered tungsten illegally included in some gold he was using for tooth repair, has led (indirectly) to a new Canadian-built ultrasonic system for detecting …

Underground drilling at the big Porgera gold deposit in Papua New Guinea has resulted in a reserve increase. Placer Dome Inc., reports that close-spaced drilling from an adit has enabled the project p…

Canada Tungsten Mining Corp. has optioned two properties from X-Cal Resources in B.C. On the Tyax property, Canada Tungsten can earn 50% of X-Cal’s interest by spending $1 million over a 3-year period…

Several rich intersections have been pulled by Canamax Resources from the Break zone on the Ketza River gold property in B.C. Pacific Trans-Ocean Resources shares the property equally with Canamax. Ho…

Although a New York brokerage house has not included Galactic Resources on its recommended list, it says Galactic’s four major properties are interesting vehicles for those investors willing to bear p…