The Ontario government will spend $5 million this year to rehabilitate former mine sites and restore some of their productive use. The initiative is part a 4-year, $27-million program launched by the …
Golden Star Resources (GSR-X) has consolidated its position around the Bogoso gold mine in Ghana by signing a letter-of- intent to acquire a 90% stake in the nearby Prestea property.South Africa’s JCI…
For $4.75 million in cash and shares, Montreal-based junior GeoNova Explorations (GNE-M) is acquiring Ced-Or’s (COQ-M) interests in the Bachelor Lake gold mining complex.Situated in Quebec’s Le Sueur …
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
NDT Ventures (NDE-V) is drawing up plans to explore the Antana gold project in southern Peru.The bulk-tonnage, low-grade target is in Azangaro province, near the town of Juliaca. The concession measur…
Silver explorer Sunshine Mining & Refining has filed for protection under chapter 11 of the U.S. bankruptcy act.The company has proposed a plan of reorganization with the approval of its four largest …
An information bulletin from Natural Resources Canada states that annual productivity growth in the country’s minerals and metals sector exceeded that of the total economy between 1984 and 1998.(The m…
Canada’s junior exchange ended the report period Aug. 23-29 on a high note, with all indices posting gains. The Canadian Venture Exchange composite index jumped 64.61 points, or 1.9%, to finish the we…
DateAug. 29Aug. 288Aug. 25Aug. 24Aug. 23HighLowTSE 300111…
A second good quarter is the reward for the bookkeeping adjustments made in 1999 by small gold producer Richmont Mines (RIC-T).Richmont, which operates gold mines in Quebec and Newfoundland, earned $1…
The big story during the Aug. 23-29 report period was the surprise $1.7-billion ($27 per share) cash offer for Rio Algom by British giant Billiton, which currently produces aluminum, iron ore, nickel …
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