Nord Pacific buys Tritton
Albuquerque, N.M.-based Nord Pacific (NPF-T) has purchased the remaining half of the Tritton copper deposit in Australia it did not already own.Its partner, Australian-listed Straits Resources, receiv…
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Aquest drilling Anabella
Armed with new geochemical data, junior Aquest Minerals (AQU-V) is ready to drill-test three gold-in-soil anomalies on the Anabella gold property in Guatemala.Covering an area measuring 1 km by 175 me…
International Wayside still in the doghouse
The Canadian Venture Exchange index tacked on 54.01 points, or 1.6%, to close the report period ended June 13 at 3,464.6. All indices posted minor gains, included the mining index, which was up 93.28 …
Nickel’s high-tech potential
In a technological age that promises to miniaturize everything from motors to computer chips, nickel is expected to play an increasingly important role. The emerging field of micro-electro-mechanical …
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Metallica Resources (MR-T) has drawn up a simplified mine/mill plan for its 50%-owned Cerro San Pedro gold-silver project in central Mexico.The simplification entails eliminating the crushing circuit …
MOST ACTIVE ISSUES, June 7-13
ExchgVol(000s)HighLowCloseChangeAlcoa*N 15875 61.38 27.88 28.06 – 33.32…
Law change eases claim backlog
Alaska Governor Tony Knowles has signed a bill that will amend the Alaska State Mining Law to ease the backlog of unprocessed claims.Under Bill 175, which takes effect in late August, claims can be pr…
Kassandra division upheld
The Court of Appeal for Ontario has dismissed opposing appeals brought forth by a group of investors known as the Alpha Group and TVX Gold (TVX-T) in relation to their advanced Kassandra property in G…
Franco-Nevada, Gold Fields merger falls on deaf ears
Stronger showings by the utilities and high-tech sectors and a lessening of inflationary fears south of the border combined to push the Toronto Stock Exchange 300 index 226.56 points higher during the…
Ashton closes offering
Ashton Mining of Canada (ACA-T) has raised $5.7 million through a rights offering.Approximately three-quarters of the net proceeds will be used to fund the company’s continuing exploration programs in…
Noranda cuts new zones in Matagami camp
Only two months since announcing its discovery, Noranda (NOR-T) has attached a resource to the Perseverance zinc-copper zone near its Matagami concentrator in northwestern Quebec.Inferred resources ar…
GREATEST VALUE TRADED, June 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N 445495 61.38 27.88 28.06 – 33.32…