A pro-mining policy, combined with attractive geology and enticing new discoveries, is allowing Quebec to maintain high levels of exploration spending, despite an industry downturn that has slowed exp…
Richmont Mines (RIC-T) is writing its year-end story in black ink for the seventh time in a row.The Montreal-based gold producer earned a profit of $3.9 million (or 25 cents a share) on revenue of $47…
With a new mine in production and bright profit pictures despite bad times for gold, Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have declared dividends, making an unbroken 11 years of d…
With two-thirds of the 1999 winter drill program now complete, Ashton Mining of Canada (ACA-T) reports it has discovered five new kimberlites in the Buffalo Hills region of north-central Alberta.Initi…
De Beers Consolidated Mines (DBRS-Q), through Swiss-based De Beers Centenary, has reached an agreement-in-principle with BHP Diamonds to buy 35% of run-of-mine production from the Ekati diamond mine i…
Drilling by Moss Resources (MRS-T) will test a newly outlined polymetallic showing at the Duval-Boudreault property near Val d’Or, Que. The program, scheduled to begin in late March, will also test ne…
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin, include the following:Etruscan Resources (EET-T) — Glenn Holmes, officer, disposed of 300,000 op…
Without a doubt, the most important step in deposit resource estimation is formulating a well-constrained geological model for the orebody, its shape and the structure and stratigraphy that controls i…
Precious MetalsPrice (US)ChangeGold$291.50+$4.85Silver$ 5.24-$0.11…
Contract miner Dynatec (DY-T) is finding a silver lining in the dark clouds hanging over the mining industry.Despite the industry downturn, the Richmond Hill, Ont.-based company says it has improved i…
Caribgold Resources (CG-T) has joined the rush to the Lac Rocher area of Quebec, the site of a new nickel discovery, by acquiring 369 claims from a private party.The junior must pay $108,680 immediate…
Lyon Lake Mines (LLL-V) has won final approval for a business combination with Palmer Resources.The consolidated shares of Lyon Lake began trading on the Montreal and Vancouver stock exchanges Feb. 19…
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