Miramar Mining Corporation

The week of June 9-15 saw a lot of trading, with the 10 most-active companies all trading over 7 million shares. The spot price for gold in the afternoon on June 15 in London closed at US$386.50, down US$5.85 from a week previously.

The mere hint of a potential slowdown in the torrid growth of China’s economy helped shave a painful US$50 per oz. off gold prices over the past month, dropping spot prices into the US$380-per-oz. range.

Vancouver — Drilling by Miramar Mining (MAE-T) has expanded the gold resource at the Hope Bay project in Nunavut.

Continued geopolitical unrest during the March 17-23 report period saw the price of gold continue to rebound, climbing another US$13.50 to finish at US$416.25 per oz. in the afternoon in London on March 23. The TSX’s gold index responded by jumpin…

Vancouver — A mining industry almost giddy with excitement was in evidence at the 21st annual Mineral Exploration Roundup, held recently at this city’s Westin Bayshore Resort and Marina.The theme of …

In a deal with major Kinross Gold (K-T), junior producer Miramar Mining (MAE-T) has taken up an option to earn a 60% interest in the George Lake and Goose Lake gold properties in Nunavut.The basic ear…

Vancouver — Miramar Mining (MAE-T) has doubled the depth of gold mineralization at the Suluk zone, part of the Hope Bay project in Nunavut.Twenty drill holes tested the zone, the most encouraging bei…

The Toronto Stock Exchange’s composite index lost 114.61 points, or 1.6% of its value, during the June 18-24 report period, largely as a result of the weaker gold price. The yellow metal lost US$11.50…

Vancouver — Miramar Mining (Mae-T) is buoyed by the initial results from a program aimed at testing the depth potential of the Boston deposit on the Hope Bay gold project in Nunavut.Gold-mineralized …

Vancouver — Juniors Minera Andes (MAI-V) of Spokane, Wash., and La Mancha Resources (LMA-V) of Vancouver, B.C., are combining in an attempt to advance their projects in Argentina.Under the proposed m…