Infill drilling confirms continuity at Bisha
Vancouver — Results from a final round of infill drilling augur well for the continuity of mineralization at the Bisha volcanogenic massive sulphide (VMS) deposit in Eritrea….
Nevsun Resources Ltd
Nevsun raises $20m for Tabakoto
Thanks to gross proceeds of $20 million in “bought deal” financing,
Nevsun raises $20 million
Thanks to gross proceeds of $20 million in "bought deal" financing Nevsun Resources (NSU-T) is one step c…
Breakwater gains while St Andrew loses value
The week of Jan. 19-25 saw the price of gold rise US$2.25, to US$424.50 per oz., where it closed in the afternoon in London. The gold index was up 1.8 points and finished at 198.25. The diversified metals and mining index also rose, by 3.7 points,…
Eritrean gov’t lifts ban on exploration
Vancouver –After changing the mining legislation to ensure it gets a bigger piece of the pie, the government of Eritrea has lifted the ban on exploration by foreign mining companies. The move comes four months after the government suddenly called…
Winter chill sparks uranium miners
The Toronto Stock Exchange gained 112.07 points, or 1.2%, to end the Jan. 12-18 report period at 9,134.77. The diversified miners helped lead the way with a 9.11-point rise to 261.01, but it was the real estate sector, with a late surge, that stol…
Nevsun rises over Eritrea talks
The week of Jan. 5-11 saw the price of gold fall to US$420 per oz. on Jan. 10 before climbing back up to US$421.35, where it closed in the afternoon in London (down US$6.40 over the period). The gold index was down one point to close at 198.69. Th…
Eritrean government extends olive branch
Vancouver — The Eritrean government is seeking further meetings with foreign companies exploring for minerals in the East African country. The move comes four months after its surprising and unexplained ban on all exploration within its borders.
Explorers shares soar as Eritrea lifts ban
Vancouver – After changing the mining legislation to ensure itself a bigger piece of the action, the government of…
Eritrean explorers buoyed by invite
Vancouver – The Eritrean Ministry of Energy and Mines has requested the companies doing exploration in the tiny Eas…
Insider Trading (October 11, 2004)
The following insider trading transactions were reported by the Ontario Securities Commission in recent issues of the OSC Bulletin:…
Resource sector leads the charge
The Toronto Stock Exchange’s energy index powered the way, gaining 4.7% to reach 186.01 points by the end of the Sept. 15-21 report period, as oil prices rose to month-long highs on supply concerns south of the border. The golds chipped in with a…