The largest underground gold mine in Canada belongs to Corona Corp. (TSE), the Supreme Court of Canada has ruled. The court upheld a decision rendered in 1986, which awarded the Williams mine in the H…
Week’s Price (US) Change Gold*$367.60+$ 2.45 Silver*$ 5.24+$ 0.08 Platinum*$488.00+$ 4.00 Nickel**$ 5.99+$ 0.24 Lead**$ 0.32+$ 0.00 Copper$ 1.26+$ 0.09 Zinc$ 0.83+$ 0.06 Courtesy of Scotiabank. …
For the second week in succession, Soocana Explorations, gained significant ground without making any announcements. Last week, Soocana advanced by 30 cents on speculation that the Toronto company ha…
Is Amax Inc. (NYSE) getting Falconbridge Ltd. (TSE) for a song or will the proposed $2.8-billion takeover handcuff Amax to a staggering debt for years to come? Much depends on the outlook for base met…
When work on a test milling facility at McAdam Resources’ (TSE) Spud Valley gold project is completed later this month, the company says it will conduct the first test run on a surface stockpile. Rese…
Quartz Mountain Gold Corp. (TSE) may soon have a new joint venture partner for its Quartz Mountain gold project in Lake Cty., Oregon. The Vancouver-based company recently granted Pegasus Gold Corp. (T…
Anyone who has ever contemplated a prospecting venture or staked a mining claim knows the chance of striking it rich is about the same as winning a lottery. But every so often the classic story of a b…
A $2.4-million private placement arranged by partners Normetal Mining Exploration (ME) and La Sarre Mining Exploration (ME) will be used to bring a silver-zinc project, near La Sarre, Que., into produ…
Flow-through financing worth up to $510,000 has been arranged by Stewart Lake Resources (TSE) with Equion 89-3 Resource Ltd. Partnership. Stewart Lake reports the funds will be used for continued expl…
Several occurrences of gold bearing iron-formation have been discovered by Hidden Lake Gold Mines on a large grassroots property near Wheeler Lake in the Northwest Territories. The 22,000-acre propert…
A. G. “Gerry” Roach, a prominent metallurgist and member of the Canadian Institute of Mining and Metallurgy, died recently after a battle with cancer. Roach was born in 1904 and graduated from Queen’s…
After continuing to rally to new highs this week, the composite, metals and gold indices retreated to close at 4003.67 pts, 3717.92 pts and 6361.9 pts respectively. Daily volumes remained firm above t…
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