It may not be happening in any major way in Vancouver, but brokers here are heartened by the recent upswing in trading activity on the big boards back East. However, unlike several years ago when juni…
Corona Corp. (TSE) has started a diamond drilling program on Varna Gold’s (ASE) Mings Bight property in Newfoundland. Drilling is testing the Lightning zone which hosts three mineralized zones in a se…
Cassiar Mining Corp. (TSE) reported net earnings of $17.87 million or 98 cents per share for the 6-month period ended June 30, compared with earnings of $5.32 million or 31 cents per share for the c…
From 1983 to 1988, flow-through funded exploration programs in Canada led to the discovery of more than 200 mineral deposits resulting in the creation of 115 advanced stage exploration projects, accor…
Legal proceedings have been launched by Calgary exploration company Borealis Exploration (ASE) against NIM Management Ltd., and a number of its partnerships and mutual funds. In the law suit, Borealis…
Having recently completed the purchase of 100% of Quebec Cartier Mining, Dofasco Inc. of Hamilton has sold a 50% interest in the company to two partners. The steelmaker’s new partners (each with a 25%…
A mining finance conference will be held Oct 30 in London, England by the Institution of Mining and Metallurgy. The one-day meeting will discuss recent developments in gold loans, Canadian exploration…
Recent drilling by Minnova Inc. (TSE) is expected to translate into an increase in contained tonnage for the Chu Chua massive sulphide project located near Kamloops, B.C. The property is located withi…
Bachelor Lake Gold Mines (TSE) expects to lay off about 93 contract and company personnel after calling a halt to its mining operations at Desmaraisville, Que. Following a 2-week “clean up” phase, the…
Toronto-based Redaurum Red Lake Mines (TSE) is hoping that a proposed transaction with Sabina Resources (VSE) and Dumont Nickel Corp. (ME) will increase the company’s future growth potential. Under th…
Proving speculators right, Rio Algom (TSE) has acquired an initial interest in Continental Gold Corp. (VSE) and its 70%-owned Mt. Milligan gold- copper project near Fort St. James, B.C. The major mini…
In a joint notice of intention filed and accepted by the Toronto Stock Exchange, Teck Corp. (TSE), M.I.M Canada and Metall Mining Corp. (TSE) revealed plans to buy additional common shares of Cominco …
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