Aur Resources Inc

NWT’s CanTung mine now in full swing

Only six months after the start of plant rehabilitation, North American Tungsten (NTC-V) has entered production at its wholly owned CanTung mine in the Northwest Territories, about 310 km northeast of…


Eur. Goldfields raises funds

European Goldfields (EGU-V) has completed a non-brokered private placement of 1.5 million shares priced at $3.10 apiece.The company intends to use the $4.6 million in gross proceeds to fund exploratio…


2001 deals out the pain

Some are comparing 2001 with the first half of the 1980s, the last time metal prices were so bad. Others are comparing it with the depression after the crash of 1929. And so far, nobody has compared i…


Aur gets Duck Pond base metal project

In a deal valued at $6 million, Aur Resources (AUR-T) is taking over the Duck Pond base metal project in Newfoundland from partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T).


TSE builds up after profit-taking

Investors took profits after the Bank of Canada cut its principal lending rate on Nov. 27, leaving the Toronto Stock Exchange playing catch-up for the report period Nov. 28-Dec. 4.The TSE 300 composit…


Aur reaps rewards at Quebrada Blanca

Higher copper production and hedging gains are translating into healthier profits for Aur Resources (AUR-T).During the three months ended Sept. 30, Aur pocketed US$7 million (or 8 per share) on reven…


Gold rally sputters following US retaliation

Well, so much for the gold rally. Prices for the yellow metal began a downward trend during the Oct. 3-9 report period, falling out of a tight US$290-per-oz. trading range and quietly drifting down to…


Golds evade Toronto stock slide

The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…


Analysts weigh prospects of base metal producers

The first half of 2001 was no picnic for base metal producers, and most mining analysts expect prices to remain weak and vulnerable to downward pressure from funds and speculators for the rest of the …


CanTung mine set to reopen doors

Vancouver — Armed with $6.5 million in financing, North American Tungsten (NTC-C) plans to restart its wholly owned CanTung mine, in the Northwest Territories, by year-end.The company recently entere…


Southern Rio tops up treasury

Vancouver-based Southern Rio Resources (SNZ-V), which is in the midst of drilling at its Santo Tomas copper-molybdenum porphyry prospect in northern Chile, has closed a private placement of 2.7 millio…


Mineral ‘orphanage’ grows in Central America

They’re the orphans of Central America: mineral deposits that were on the verge of development, or in production, when low metal prices forced their owners to abandon them. While the failure of Greens…


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