Just two weeks after becoming a public company, Curragh Resources (TSE) is attempting to raise the $70 million needed to bring its 80% owned Mt. Hundere lead-zinc project into production. After comple…
An option to earn an interest in diamond exploration properties near Sturgeon Lake in northern Saskatchewan from Claude Resources (TSE) has been terminated by Cameco. The uranium producer made its dec…
Toronto-based Chutine Resources (VSE) has concluded a formal option agreement to acquire the remaining 51% of the shares of Minera Sanex S.A., it does not already own. Chutine formerly held 49% of the…
The subordinate voting shares of Curragh Resources (TSE) have been listed for trading on the Montreal and Toronto stock exchanges, following completion of the company’s initial public offering earlier…
A $1.2-million drill program totalling 18,000 ft. has started on the Sulphurets property, owned 60% by Newhawk Gold Mines (TSE) and 40% by Granduc Mines (TSE). The program is designed to test the down…
Based on 175 holes, Santa Fe Pacific Minerals says it has outlined in-place reserves of more than two million ounces of gold at the Lone Tree project in Nevada. The company is a unit of Santa Fe South…
Drilling on the Hanson Lake property by Trimin Resources (TSE) and Cameco continues to intersect economic-grade mineralization. Hole 61, the most westerly hole drilled to date, cut 15.7 ft. grading 1….
With the price of gold bullion recently sinking below US$360 per oz., mining companies will be facing increasing pressure to keep production costs in line at their operations. Declining precious metal…
A strike marked by violence at the Dome mine operated by Placer Dome (TSE) has put a spotlight on a question few want discussed: Is this mining city of 47,000 facing an economic disaster? A Dome secur…
Nine recently completed drill holes on BMR Gold’s America Mine project in California have intersected more high-grade reserves in an area where initial open pit production is planned. One intersection…
Continuing as a high volume trader, Lithium edged up 6 cents to close at $1.86 on a volume of 230,150 for the week ended June 5. Noranda’s Winnipeg manager said exploration on the Oxford Lake gold pro…
News of a new zone discovery at the Grevet zinc property near Matagami, Que., helped propel the shares of VSM Exploration to $1.20, a gain of 35 cents, on a volume of more than 500,000 shares, for the…
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