Excitement is not an emotion normally associated with the coal sector, the average investor being more susceptible to the lure of precious and base metals plays. However, Robert Dickinson, Robert Hunt…
Higher revenues were somewhat offset by higher cash operating costs and lower total gold production for Pegasus Gold (TSE) during recent months. For the third quarter, Pegasus earned US$832,000 on rev…
A second phase of drilling continues to expand the potential of the Busang gold project in East Kalimantan, Indonesia. In addition, operator Bre-X Minerals (ASE) reports that mapping work has extended…
Intent on acquiring the copper property known as El Salvador, Western Copper (TSE) is venturing into central Mexico. The junior can earn a full interest by spending US$1.5 million on exploration over …
Drilling on the Lorraine property in north-central British Columbia continues to return copper-gold intersections. Lysander Gold (VSE) is acquiring a 100% interest by spending $100,000 and issuing 200…
In its weekly “Metals” report, Billiton Metals comments on the nickel market and the metal’s recent wide trading band and price rebound: Speculative activity was partly responsible for nickel’s renewe…
Two factors helped drag the Toronto Stock Exchange lower over the 5-day report period ended Nov. 15: a falling Canadian dollar and rising Canadian interest rates in the wake of a recent decision by th…
Western markets continued to consolidate during the report period ended Nov. 15, with both the Vancouver Stock Exchange resource and composite indexes touching new lows for the year. The composite ind…
The Toronto Stock Exchange (TSE) has named Rowland Fleming as its new president and chief executive officer (CEO). Fleming, 51, becomes the exchange’s 60th president in its 133-year history, succeedin…
The Daisy property is owned 75% by Inter-Rock Gold (ME) and 25% by Rayrock Yellowknife Resources (TSE). Incorrect information appeared in our issue of Nov. 7.
A pair of lobbying groups in the U.S. — the American Mining Congress (AMC) and the National Coal Association (NCA) — plan to merge. Named to head the new mining organization is Richard Lawson, who i…
Vancouver-based Teck (TSE) has gained the right to participate in future joint ventures with American Gem (TSE). In addition, Teck agreed to buy 1 million shares of American Gem at $5 per share and, i…
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