Once again golds set the market on its ear with a rise that seemed to defy gravity itself. Spurred on by worries of a sinking U.S. dollar, bullion prices soared to a high of over $420(US) an oz while …
A 500-ft stepout hole on the joint venture property of North American Rare Metals and Dundee- Palliser Resources in Vezza Twp. in Quebec’s Casa Berardi area has extended the gold zone to 2,000 ft and …
Mining seems to appeal to Ontario Premier David Peterson. The premier, who has been acting minister for some time of the province’s ministry of northern development and mines, said he is “enjoying the…
Hot on the heels of its purchase of 51% of Mascot Gold Mines, Lacana Mining has reached two agreements for the sale of five million common shares. In one deal, Lacana has made an agreement with Gordon…
It’s somewhat ironic that tough economic times for the mining industry can be counted as something of a blessing in disguise, at least as far as mine safety is concerned. The Mines Accident Preventi…
A number of issues should keep the new president of the Ontario Mining Association (oma) busy during the next two years, not the least of which is what the industry calls “government mandated costs.” …
The Vancouver market has literally come to a full boil with trading activity approaching levels only seen during the early 1980s. But the present situation didn’t happen overnight. Volume increases ha…
A 30,000-ft diamond drilling program has been recommended for the Hardrock Extension Inc. property near Geraldton, Ont. The work will follow up encouraging drilling completed last year which resulted …
Flow-through shares of Dolphin Explorations will be issued to a fund at a price of $1.19 per share, not at $1 as was previously announced by the company. Dolphin will receive proceeds totalling $357,0…
A portfolio of mineral properties has been put together by Pelangio Larder Mines which will be explored for gold this year, the company says. President J. A. G. Mortson says the company plans to joint…
Yucana Resources has changed its name to Shamrock Resources Inc. on a basis of 1 new for 2.5 old shares.
Contrary to widespread belief, there are people looking for metals other than gold. In the base metals sector zinc is probably the only game in town — even more so if there are some precious metal cr…
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