The Mining Research Organization of Canada (MIROC) and Queen’s University have entered into an agreement whereby, effective immediately, the administration of MIROC will be performed by the department…
Following the completion of a preliminary prospectus, a new company called TerraGold Resources is gearing up to explore five mineral properties in Newfoundland and another in New Brunswick. TerraGold,…
With nickel and copper prices continuing strong, Umex Inc. has been quietly re-examining the potential of its shutdown Thierry mine at Pickle Lake, Ont. Umex closed the low grade copper-nickel produce…
Toronto-based junior Goldquest Exploration (TSE) has signed a letter of intent with Chevron Minerals whereby the latter may earn a 50% interest in certain properties belonging to Goldquest in the Red …
Vancouver-based Yellow Band Resources (VSE) has expanded its interests in the Dolbeau area of Quebec to include a group of 31 claims held by Sparton Resources (TSE). Located about two miles north east…
The development of the Hemlo gold deposits is an often- cited example of the impact of mine development on nearby communities. The population of Marathon has grown to 5,200 from 3,050 and Manitouwad…
Uncertainty is probably the best word to describe the mood as exploration companies enter what is traditionally the most active season of the year. Everyone in the industry has had it pretty good for …
Cyprus Minerals Company has adopted a complex rights program which its chairman, John Duncan, claims will provide “additional protection against abusive takeover tactics, such as partial tender offers…
A larger crushing unit to boost mill throughput from 400 tons of ore per day to 500 tons will be installed at the Magino gold mine in northeastern Ontario, Muscocho Explorations (TSE) and McNellen Res…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 28 Feb 27 Feb 24 Feb 23 Feb 22 Copper 17…
Drilling is continuing on the Golden Heart deposit near Weedy Lake, Sask., where recent drill holes have intersected more high grade gold values across wide widths, Golden Rule Resources (TSE) says. O…
Control of Atlantic Goldfields (COATS) has passed to Ronald Goguen, a private investor based in New Brunswick. Via his private company, Kash Investments, Goguen purchased 2.3 million shares or a 19.7%…
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