Broad market unfazed by Hussein’s arrest
The capture of Saddam Hussein over the Dec. 10-16 report period was certainly a political triumph for the U.S., but two subsequent car bombings in the country’s capital left investors here at home ske…
Falconbridge Limited
Milling tests positive at Shakespeare
Test milling of drill core samples from the Shakespeare copper-nickel project west of Sudbury, Ont., has successful…
Copper exploration heats up in BC
Vancouver — Reminiscent of the 1970s, copper exploration has once again taken centre-stage in the hunt for metals in British Columbia.Sparking the revival are higher prices and a new discovery made b…
Discoveries lure Placer Dome, Meridian Gold to Newfoundland
St. John’s, Nfld. — With little fanfare, Barrick Gold (ABX-T) walked away from the much-hyped Botwood Basin in Newfoundland earlier this summer after spending some 15 months assessing the potential f…
Noranda’s CFO retires
Noranda’s (NRD-T) chief financial officer, Lars-Eric Johansson, has retired after 14 years of service.Johansson will remain with the company to help with the financing of Falconbridge’s (FL-T) Koniamb…
GlobeStar eyes $5m for Maimon
GlobeStar Mining (GMI-V) has inked a deal with Canaccord Capital and Dundee Securities to raise $5 million for its advanced Cerro de Maimon copper-gold project in the Dominican Republic.Under the deal…
Barrick rumbles as gold tumbles
Gold took a pounding over the Oct. 29-Nov. 4 report period, withering US$8.25 in overseas trading to settle at London morning fix of US$378.30 per oz. Silver also got smacked, losing US22 to finish a…
GlobeStar eyes $5 million for Cerro de Maimon
GlobeStar Mining (GMI-V) has inked a private placement deal with Canaccord Capital and Dundee Securities to raise $…
Met tests augur well for Cerro de Maimon
Results from metallurgical tests point to higher recovery rates at the advanced Cerro de Maimon copper-gold project in the Dominican Republic.In July, a resource update prepared for Globestar Mining (…
Knight, Anglo report high grades in Ungava
The Raglan area in the Ungava Peninsula region of northern Quebec is emerging as a highly prospective nickel camp in light of discoveries by Canadian Royalties (CZZ-V) and, more recently, Anglo Americ…
Gold rallies as Barrick breaks the mold
Gold roared back to life in the Oct. 15-21 report period, rising US$4 to a London morning fix of US$374.80 per oz. Silver also shone, rising US6 over the five trading days to finish at US$5 per oz.Ba…
Jaguar poised to revive Guatemalan nickel
El Estor, Guatemala — If you’re a mining industry professional or an investor looking to get in almost on the ground floor of something big, take a look at what Jaguar Nickel (JNI-T) is up to here in…