The Toronto Stock Exchange 300 index lost a modest 57.37 points in the report period ended Dec. 7, to end the week at 6,399.77.The precious metals and minerals sub-group suffered another dismal period…
An estimated 350 people from Toronto’s mining, exploration and financial community turned up at the oyster party held annually by explosives company Orica Canada and the Toronto branch of the Canadian…
De Beers Consolidated Mines (DBRS-Q) has given the green light to a $14-million bulk-sampling program on the AK diamond property in the Northwest Territories.Monopros, the exploration arm of De Beers,…
A 3-day mining conference held recently in Burkina Faso provided ample proof that interest in the West African nation’s mineral potential is on the rise.Titled “Promin 98,” the event attracted 500 att…
Magnesium, one of the lightest and most commonly used structural metals, is fast becoming a popular choice for manufacturing in the automobile industry. It soon may be even more popular than steel.Mag…
Argentina is an exploration hot spot, with a growing number of companies searching for gold and copper-gold mineralization, as well as less traditional types of deposits.Among the more established com…
New York, N.Y.-based Asarco (AR-N), which lost more than US$15 million in the third quarter, says it will take a US$45-million charge in the fourth quarter.The charge is intended to cover the costs as…
Two separate option agreements set the stage for Azimut Exploration (AZM-M) to earn interests in the Joutel and Malartic gold properties in Quebec’s Abitibi camp.To earn a 50% interest in the Joutel p…
Gold producers, base-metal companies edge downward in lacklustre week The Toronto Stock Exchange 300 index fell 113.13 points during the report period Nov. 25-Dec. 1, ending the week at 6,457.14. Trad…
Cambior (CBJ-T) will become the new owner of Gitennes Exploration’s (GIT-T) flagship property in Peru under the terms of a proposed option agreement between the two companies.In exchange for cash paym…
Shareholders of Etruscan Resources (EET-T) continue to receive heartening news from a feasibility study at the Samira gold project in Niger.Infill drilling continues to intersect long intervals of gol…
In hopes of finding an epithermal gold deposit in the midst of what is now road-accessible moose pasture, Teck (TEK-T) has signed an option agreement to earn up to a 60% interest in the Moosehead prop…
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