A wholly-owned subsidiary of Geodome Resources is hoping to pour its first gold bar within a year at its Jordan Creek open pit project in Idaho. Sunbeam Mining reports it is planning to start plant co…
The Society of Mining Engineers (American Institute of Mining, Metallurgical and Petroleum Engineers) is sponsoring a forum titled Small Mines Development in Precious Metals Aug 30-Sept 2 in Reno, Nev…
Belmoral Mines has completed the financing of 4.3 million units at $6.50 per unit with McLeod Young Weir International, the mining company reports. The financing raised an aggregate $27,950,000. The u…
Spot closing prices in Pound Sterling per tonne Date July 14 July 13 July 10 July 9 July 8 Copper 1038-1040 1047.5-1048 1052-1053 1033-1034 1041-1043 Le…
On a week when Alberta gold stocks awoke from recent slumbers, allegations of fraud and breach of contract affected a couple of issues quite differently. News that Mohave Gold will retain a 100% of it…
Construction work has started on the Ketza River project of Canamax Resources and Pacific Trans Ocean Resources. Camp facilities are being installed, clearing of the mill site is under way, and road a…
Energy International Overseas Corp. has now acquired 16 contiguous claims in the Timmins area adjoining Falconbridge’s Hoyle Pond and Owl Creek gold mines on the north, Geo. S. White, president, advis…
Toronto-based NSR Resources has obtained regulatory and shareholder approval to finance about half of a $4.4-million exploration program at the Rand Malartic property in Quebec. The balance of the fun…
There’s been a lot of potential buyer interest since it was reported that Falconbridge Ltd. was considering selling off its Owl Creek and Hoyle Pond gold mines at Timmins, Ont., according to Falconbri…
As anticipated, Northair Mines successfully defended a hostile takeover bid by Nanaimo-based Nor-Quest Resources. At the annual meeting a relieved Northair President Donald A. McLeod announced almost …
Construction of a 14-km all- weather commuter road, linking two new mine sites in the Goudreau-Lochalsh area near Wawa, Ont., is scheduled to begin later this year. While construction rests on the res…
Noranda Exploration continues to be active in the Atlantic provinces. On its Tally Pond-Duck Pond project in central Newfoundland the company has intersected significant precious and base metal values…
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