Eastmain drills VMS targets in NB
Toronto-based Eastmain Resources (ER-T) has begun a diamond drill program at the Rocky Lake-Otter Brook property in the Bathurst camp of New Brunswick.The 1,500-metre program will target electromagnet…
News
Richmont boosts production
Weak gold prices do not appear to be taking much of a toll on Montreal-based Richmont Mines (RIC-T).The company posted net earnings of $1.4 million for its latest quarter ended June 30, up from $1 mil…
Dynatec to operate gold mine
Once the Ken Snyder gold-silver mine is up and running early next year, royalty companies Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) plan to turn over operational management to Toronto-…
Eskay Creek spins out cash for Prime
Record production and lower cash costs at the Eskay Creek gold-silver mine in northwestern British Columbia are strengthening the bottom line of cash-rich Prime Resources Group (PRU-T).Besides Eskay C…
COMMENTARY — Miners seeking GSC data
.BMichael ThomasThe regional geophysics section of the Geological Survey of Canada (GSC) focuses on the acquisition, archiving, distribution and analysis of aeromagnetic and gravity data. Historically…
SUPPLIERS NEWS ROUNDUP — Lawmakers tour midwestern U.S. mines
In an attempt to impress on lawmakers the importance of mining in the midwestern U.S., two mining associations recently gave a group of congressional legislators a tour of the region’s network of supp…
Freegold outlines Alaskan targets
Although assays are pending, International Freegold Mineral Development (ILF-V) reports that potentially economic mineralization has been uncovered at its Golden Summit project, 20 miles north of Fair…
Major General, McWatters bullish on Baie Verte region
A letter-of-intent agreement between Major General Resources (MGI-V) and McWatters Mining (MCW-M) is paving the way for development of the Hammerdown and Rumbullion gold deposits in Newfoundland’s Bai…
Conference to cover global investing
A conference examining the opportunities and pitfalls of international mining operations will be held Oct. 26-27 in London, England.The event, titled “Global Emerging Markets,” will include such topic…
EDITORIAL — Tobin tells miners, ‘my way or the highway’ — Rat pack tactics
Planning to explore for minerals in Newfoundland or Labrador? If you find something big, be prepared to butt heads with Brian Tobin, rat pack premier of The Rock and environs, fearless defender of the…
Sunshine Mining boosts reserves at Pirquitas
Drilling by Sunshine Mining & Refining (SSC-N) has expanded, by nearly 50%, the size of the Pirquitas silver-tin deposit in northern Argentina.The company completed 37,000 ft. of a planned 66,000 ft.,…
SUPPLIERS NEWS ROUNDUP — SNC takes Pakistani government to court
An affiliate of Montreal-based engineering firm SNC-Lavalin is taking the government of Pakistan to court for cancelling a contract to develop a power station in the country.SNC-Lavalin committed to t…