Weakening dollar affects Denison
Low oil prices and a weakening U.S. dollar adversely affected Denison Mines’ (TSE) second-quarter earnings, the company said recently. They combined to offset higher potash prices and production gains…
Low oil prices and a weakening U.S. dollar adversely affected Denison Mines’ (TSE) second-quarter earnings, the company said recently. They combined to offset higher potash prices and production gains…
The Prospectors and Developers Association of Canada (PDAC) has expressed concern about the federal government’s new grant incentive program for mineral exploration on a number of issues. The program,…
Increased net earnings reported by 68.8% owned subsidiary Lornex Mining Corp. (VSE) were among the factors which contributed to a profitable first half for Toronto based Rio Algom (TSE), the company a…
Life has been breathed into another of this bustling mining town’s former producing gold mines. With more than 100 guests on hand, Louis Gignac, president of Cambior Inc (TSE), officially opened the E…
Should it come as a surprise that criminal charges against prospector Donald McKinnon have been dropped? He had been charged in connection with the disappearance of some files from the mining recorder…
Alberta-based Shannon Energy (ASE) has raised $700,000 through a number of flow-through share issues to finance exploration at the Tatsamenie property in northwestern British Columbia, the company sai…
Mono Gold Mines has announced that it has entered into a private placement and flow-through agreement with NIM Resources whereby the partnership has agreed to purchase flow-through shares having an ag…
The oldest means of mining gold is placer mining, recovering the gold particles — some of which can be spectacularly rich — along river beds by panning or washing. Placer mining accounts for a small…
Drilling on the Sunrise project is continuing to add to the reserve base, say Aber Resources (VSE) and Hemisphere Development Corp. (VSE), 50/50 joint venture partners in the polymetallic project loca…
The lazy, hazy days of summer did little to inspire fervor for the market again this week in Toronto. Trading volume, at 396.6 million shares for the month of July, was the lowest level since December…
Whether or not the hot weather of late has made investors sluggish remains to be proved, but the stock market could use an injection of something to get it moving. In Montreal this past week, light tr…
Net smelter royalties owed to prospectors John Larche and Donald McKinnon from claims staked at the Hemlo gold camp in northern Ontario have not been paid since legal action was started by Scintilore …
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