With the gold price surpassing the $400(US) mark and holding, it’s hard to find anyone bearish about the yellow metal’s future these days. While gold’s performance is always difficult to predict, that…
Ian Nichol, geology professor at Queen’s University, Ont., has received $1.6 million to study techniques for locating base metal deposits. The grant was made through the University Research Incentive …
Shareholders of Horsham Corp. (TSE), the holding company which controls American Barrick Resources (TSE), have approved an increase in the number of votes attached to multiple voting shares held by ch…
Prospects continue to brighten at the New World project owned 100% by Crown Butte Resources (VSE). Situated in Park Cty., Mo., the New World property is managed by Noranda Inc. (TSE) under a September…
In relative obscurity, Plexus Resources (TSE) and Kennecott Corp. have been developing a Nevada open pit mine that will rank as the fourth largest heap leach producer in the U.S. The Rawhide project, …
Underground exploration will not begin at the copper-zinc discovery of Aur Resources (TSE) and Societe Miniere Louvem (TSE) until a legal dispute involving the two companies is settled, says a top Nor…
A production decision for the Eagle River project could come by September as underground work has been advancing rapidly and a mill test of 60,000 tons of development ore is scheduled to begin shortly…
The price of gold may have risen above $400(US) for the first time since January, but the yellow metal’s return to health wasn’t really reflected in Alberta share prices for the week ended Nov 21. Man…
A subsidiary of Homestake Mining (NYSE) recently confirmed long-standing rumors that a major “Lupin-type” gold deposit was discovered in the Northwest Territories. Robert Boyd, director of Canadian ex…
Major gold producer Giant Yellowknife Mines (TSE) and its associated Pamour group companies may have a new owner by the end of the year. Parent company Giant Resources of Australia has entered into a …
Earnings for Vancouver-based Westmin Resources (TSE) dropped to $1.1 million for the third quarter from $4.1 million the previous year. After preferred dividends are accounted for, the company lost 8 …
A net loss of $2 million or 11 cents per share was reported by Canamax Resources (TSE) on revenues of $12 million for its third quarter ended Sept 30. These results, which include proceeds from the …
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