Wheaton looks north as Golden Bear naps
With little ore left to tap at its Golden Bear mine in northwestern British Columbia, Wheaton River Minerals (WRM-T) saw its earnings slip to $525,000 in the three months ended June 30.The profit, whi…
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Tiberon continues to define Nui Phao
Vancouver — Tiberon Minerals (TBR-V) continues to delineate tungsten mineralization at its Nui Phao project in northern Vietnam.The latest results include an 85.2-metre section, in hole 46, that runs…
Gartner Lee did not perform EIA
There was an error in the the article “Diavik team wins award,” in the July 9-15 issue.Under the environmental assessment act, an environmental impact assessment (EIA) is undertaken by a project propo…
Rate cuts power Toronto rise
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…
Geomaque struggles during transition
Geomaque Explorations (GEO-T) slipped into the red during the second quarter as gold production neared its end at the San Francisco mine in Mexico.The Toronto-based junior posted a net loss of US$1.2 …
River Valley yields PGEs
A reconnaissance exploration program has led to the discovery of more platinum-group-metal mineralization at the River Valley mafic intrusion in the Sudbury region of northern Ontario.Pacific North We…
Rosia Montana more than ‘marginal’
Your Aug. 20-26 issue contained two interesting front-page articles — one covering the Gabriel Resources’ feasibility study for the Rosia Montana gold project in Romania, and the other covering Glami…
Eagle River lifts River Gold off ground
With higher-grade development ore coming from the no. 6 zone at the Eagle River mine, 50 km west of Wawa, Ont., River Gold Mines (RIV-T) managed to climb back into the black during the second quarter….
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Falco eyes Vulcan’s Labrador prospect
Falconbridge (FL-T) has entered into an agreement with St. John’s, Nfld.-based Vulcan Minerals (VUL-V) to earn up to a 65% interest in a nickel sulphide prospect some 50 km northwest of the Voisey’s B…
Rockinghorse yields large number of stones
Additional microdiamond results from the newly discovered Anuri pipe on Tahera’s (TAH-T) Rockinghorse property in Nunavut indicate that the kimberlite body is significantly diamondiferous.Six hundred …
Hunt heats up in Quebec
Ashton Mining of Canada (ACA-T) is preparing to drill-test several targets this fall at its Otish Mountains joint-venture project in north-central Quebec.Ashton flew a geophysical survey over the Otis…