News

Montreal Exchange: Louvem leaps to $1.85

Wednesday close, Oct 15 Val d’Or mining company Louvem got a hefty shot in arm this week when a Swiss-based newsletter referred to it as the cheapest of all Canadian gold producers. The European pub…




Greenstone buys property package in Chibougamau

Greenstone Resources has agreed to acquire a package of several minin g properties covering 67,870 acres in the Chibougamau area of northwestern Quebec from Camchib Mines, a wholly-owned subsidiary of…



Micham program confirms Swiss potential for gold

The joke goes that the only gold you are going to find in Switzerland is in the form of bullion, buried deep underneath the Zurich banks. So most people must think, since despite the abundance of outc…



Minieres du Nord puts second drill on Isle Dieu bet

Explorations Minieres du Nord has cut some good gold values on its Isle Dieu Twp. property near Matagami in northwestern Quebec. A drill program of about 3,000 ft was completed on the Marcelle vein zo…


Control of Vital Pac to Davidson Tisdale

Davidson Tisdale Mines has acquired 3.9 million shares of Vital Pacific Resources at a price of 37 cents per share. Of the $1.45 million raised by Vital Pacific, $1.2 million will be used by the comp…



Alberta Stock Exchange: Golds trade lower

Wednesday close, Oct 15 Lower gold prices were behind the sideways trading activity on the Alb erta Stock Exchange this week. Volumes were an uninspiring 4.4 million shares. Several mining issues mad…


Cyanide technology could save gold miners thousands

Three major gold producers, Lac Minerals, Campbell Red Lake Mines and Dickenson Mines may soon become the first gold miners to take advantage of a revolutionary piece of cost-saving technology develop…


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