News


Saskatchewan gold mine yields profits for Claude

The Seabee gold mine in Saskatchewan’s La Ronge district continues to generate operating profits for Claude Resources (CRJ-T).The Saskatoon-based company posted operating earnings of $1.8 million for …


Rio Narcea extends gold zone in northern Spain

Drilling at the El Valle mine in northern Spain is expanding high-grade gold mineralization in the recently discovered Sienna zone.The southernmost of the 13 holes that have penetrated the zone so far…


McWatters plans to produce at East Amphi

Based on a positive feasibility report by Flour Daniel Wright, McWatters Mining (MCW-T) plans to place into production the East Amphi gold project near Malartic, Que.The first phase of mining at the 1…


Low prices push Breakwater into red

Base metal companies are not having an easy time staying in the black in these days of low metal prices, and Breakwater Resources (BWR-T) is no exception.The company posted a net loss of $10.9 million…



Mining proposals open for discussion

Proposals by the Ontario Securities Commission (OSC) and the Toronto Stock Exchange (TSE) designed to keep a tighter rein on publicly traded mining companies will be the focus of a conference to be he…





Noranda to expand smelter

Subject to environmental and other approvals, a US$170-million expansion and modernization program will be carried out at the Altonorte copper smelter near Antofagasta, Chile.Toronto-based Noranda (NO…



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