Underground drilling at the Red Lake mine in northwestern Ontario has expanded one gold zone and led to the discovery of another, Goldcorp (G-T) reports.The company recently completed 135 diamond dril…
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With more than $80 million spent to date on environmental and technical studies, Aber Resources (ABZ-T) and Diavik Diamond Mines have submitted a mining proposal for their Diavik project 300 km northe…
Low gold prices have prompted Echo Bay Mines (ECO-T) to defer construction at the Aquarius gold project near Timmins, Ont. Echo Bay owns 100% of the project, which, at last report, hosted reserves of …
An underwriting syndicate, led by RBC Dominion Securities, has agreed to buy 8 million shares of Bema Gold (BGO-T) at $3.75 each. The deal is expected to raise proceeds of $30 million.The underwriters…
First-phase diamond drilling by Avalon Ventures (AVL-V) on its Wolf property in northwestern Ontario has returned anomalous platinum group element (PGE) values.Seven of eight drill holes at the 10,100…
Drilling has begun at a base metal discovery at Lac Rocher, 112 km north of Matagami, Que.The operator of the project is Nuinsco Resources (NWI-T), which is exploring the property under an option from…
A drill program carried out by Geomaque Explorations (GEO-T) at the Vueltas del Rio gold deposit in northwestern Honduras has boosted the resource estimate to 922,000 oz. gold.The new figure represent…
Surviving a century of fast-paced change is no small feat for any professional organization. The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has done more than survive 100 years, it h…
Grant Ewing appointed vp investor relations.
Walter Segsworth appointed president and CEO.
Peter Guest appointed president, COO and director.
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