The Toronto Stock Exchange traded in a narrow range during the May 27-June 2 report period, with the TSE 300 composite index closing down 91.95 points to 7,534.01. Both mining sub-groups outpaced the …
While Ghana’s gold potential is undeniable, junior companies exploring concessions in the West African country are facing increased scrutiny from investors in the wake of a high-profile tampering scan…
The directors of Dayton Mining (DAY-T) are facing a shareholder revolt in response to Minorca Resources’ (MAR-T) growing influence in Dayton’s boardroom.On May 27, New York City-based investment firm …
Steven Olsen has been awarded the 1997 Money Medal for his master’s work in mineral exploration at Queen’s University in Kingston, Ont.The medal, struck from gold-plated Falconbridge nickel, is awarde…
High prices and demand for platinum and palladium have prompted Spectrum Resources (SPC-V) to option two New Zealand properties prospective for platinum group metals (PGMs).The first property covers 1…
Montreal-based Noveder (NED-M) has begun new drilling campaigns on several of its gold properties in Quebec and Newfoundland.* Abitibi — At the Abitibi project, near Val d’Or, Que., drill crews are e…
Another round of exploration is under way at the Kirkland Lake project, a joint venture of Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) in northeastern Ontario.The partners have budgeted $…
Majors Noranda (NOR-T) and Phelps Dodge (PD-N) have withdrawn from the Kafue consortium; only South Africa’s Avmin and Britain’s Commonwealth Development remain.Over the past 15 months, the consortium…
Toronto-based Indocan Resources (IDCN-O) has wrapped up its acquisition of Prodigy Resources.The deal was sealed upon the issue by Indocan of 15 million new shares to Prodigy shareholders. Indocan has…
Rumors of a potential breakup in ownership of the producing Klipspringer diamond project in South Africa’s Northern Province are unfounded, says SouthernEra Resources (SUF-T).The embattled company’s l…
Infill drilling at the Taparko property of High River Gold (HRG-T) has confirmed the structural continuity of the gold deposit in zones 3 and 5.The recently completed 21-hole drilling program forms pa…
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