The Vancouver Stock Exchange composite index closed at 435.48, up 5.63 points, or 1.3%, for the week ended April 20. The mining index climbed 9.77 points, or 3.23%, and closed at 312.51.Meanwhile, the…
Intent on discovering platinum group elements, Pacific North West Capital (PFN-A) has acquired the River Valley property in Pardo and Dana twps., northeast of Sudbury, Ont.The junior has already tied …
Drilling by Corona Gold (CRG-T) at the Sugar Zone gold deposit, 25 km north of White River, Ont., has substantiated a resource of 692,000 tonnes grading 6.9 grams gold per tonne.Corona, which is fundi…
The final feasibility study for the proposed Diavik diamond mine project in the Lac de Gras area of the Northwest Territories will be not be completed until the federal minister of the environment has…
Kennecott Canada Exploration has intersected 2.1 metres of a kimberlite dyke while drill-testing an anomaly that lies close to a known kimberlite pipe on the DHK claim block, at the southwestern end o…
Champion Resources (CHL-V) will finance a due diligence program on its wholly owned Farim phosphate project in Guinea-Bissau, West Africa, by selling a 3-million-unit, non-brokered private placement t…
The management of Alamos Minerals (AAS-V) and Big Sky Resources (BKY-V) have proposed a merger.The plan of arrangement calls for Alamos to acquire all the outstanding shares of Big Sky, with the latte…
While not quite matching the previous year’s stellar performance, Potash Corp. of Saskatchewan (pcs-t) still managed to turn a considerable profit in 1998.PCS earned US$261 million (or US$4.82 per sha…
With startup problems behind it, the Alumbrera copper-gold mine in northwestern Argentina was close to breaking even in 1998.The open-pit mine, owned 25% by Rio Algom (ROM-T), achieved commercial prod…
Toronto-based Opawica Explorations (OPW-T) has discovered a new area of anomalous gold mineralization on its 16,000-ha Cura Este property in Argentina’s Valle del Cura district.The discovery, made dur…
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My late father was involved in mining most of his life, and after going through some papers I have come across three different mining stocks which I think are now defunct — but before I destroy the c…
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