Wednesday close, Sept. 3 With gold bursting through the $400(US)-an-oz level on commodity markets this week, gold shares have likewise surged ahead. After a spectacular advance of 206.97 pts yesterday…
Hudson Bay Mining and Smelting reports it is on schedule with an exploratory shaft at its nickel ore discovery beneath Namew Lake, 40 miles south of Flin Flon, Man. Diluted recoverable reserves at the…
Wednesday close, September 3 Overall it’s been a good week for Canadian gold producers. Markets haven’t done too badly either, with gold’s ascent to more than $400(US) pushing many stocks higher. Anal…
Nickel producers have been in a tight squeeze as a consequence of slumping nickel prices and the squeeze is expected to get tighter. The price of nickel, which was down around $1.70(US) a lb at presst…
Beardmore prospector killed in accident A highly regarded independent prospector who never lost his faith in the Geraldton-Beardmore gold area which he so proudly made his home for 25 years, David Tho…
The price of nickel, which was down around $1.70(US) a lb at presstime, will probably drop to $1.50 a lb, knocking off a lot of production capacity, market analyst Ilmar Martens said in a panel discus…
Exploration has begun on two of Oracle Resources’ four gold properties in the Pickle Lake and Opapimiskan Lake areas of northwestern Ontario. Results of airborne EM and magnetic surveys carried out ea…
Golden Rule Resources has traced a gold-bearing, quartz-barite breccia for a distance of 400 ft on its Toodoggone area property north of Smithers, B.C. The company is involved in a 6,000-ft drill prog…
In last week’s centrespread map in The Northern Miner on the Beardmore/Geraldton gold belt, Canadian Gold Resources was incorrectly identified as listing on the Vancouver Stock Exchange. The company i…
Eldorado Gold (TSX: ELD; NYSE: EGO) is suspending construction at its Skouries gold-copper project due to a continued lack of government support, and cautions it will halt its Olympias underground mine, if the Ministry of Energy and Environment…
After being under a suspended trading order for more than eight years, Canadian Magnesite Mines came back to life trading at 5 cents -15 cents . Good news for long-suffering shareholders who might fin…
A $5-million modification program is under way at Sherritt Gordon Mines’ coin blank plating and processing facility at Fort Saskatchewan, Alta., in readiness to fulfil its recently signed contract wit…
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