Moss and Greenshield plan drilling
Equal partners Moss Resources (MRS-T) and Greenshield Resources (GSR-M) are set to begin drill testing their Curregan property, near Timmins, Ont., in an effort to identify a volcanogenic massive sulp…
News
Property writedowns lead to year-end loss for Viceroy Resource
Writedowns to the tune of $9.3 million contributed to a year-end loss for Vancouver-based Viceroy Resource (VOY-T).The company recorded a loss of $5.5 million (or 11cents per share) on sales of $89.5 …
Yamana augments land package
With six new cateos, Yamana Resources (YRI-T) has more than doubled its land position in the silver-rich western portion of the Santa Cruz project in southern Argentina.After two successful rounds of …
MINING MARKETS AND INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts see exploration upside for Western Copper
Mining analysts Glenn Brown and Richard Gray of Canaccord Capital see more upside for Western Copper Holdings (WTC-T), a Vancouver-based junior which holds a 45% interest in San Nicolas, a classic Kur…
Cameco eyes Uranerz units
Uranium miner Cameco (CCO-T) has entered into an agreement-in-principle to acquire the two North American-based subsidiaries of German-based Uranerzbergbau.The deal will see Uranerzbergbau, which is j…
Partners strike gold in Greece
A group headed by Australia’s Normandy Mining (NDY-T) has made a promising gold discovery at Perama Hill, 15 km northwest of Alexandroupolis in northeastern Greece.The discovery was made by Thracean G…
B.C. miners applaud government initiatives
A series of initiatives introduced by the British Columbia government are designed to bolster that province’s sagging mining industry by attracting investment and creating jobs.The initiatives, which …
ODDS ‘N’ SODS — Roads to riches
Much has been written about the exploration and development of mines in Canada, but little about the roads that service them.In the old days, access to a site was provided by water or rail. However, a…
IDS bids for Scintrex — Ottawa firm looks to new markets
Ottawa-based chemical detection technology firm Intelligent Detection Systems (IDS) has offered to acquire all the issued and outstanding shares of Concord, Ont.-based instrumentation manufacturer Sci…
MINING MARKETS AND INVESTMENT NEWS — Juniors continue financings for work programs
The VSE has accepted for filing a non-brokered private placement of 522,419 units of Consolidated Trilogy Ventures (CTJ-V) at 31cents each, for proceeds of $162,000.Each unit consists of one share and…
METAL PRICES — Daily Metal Prices (April 27, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateApr. 21Apr. 20Apr. 17Apr. 16Apr…
Corona plans more Troutfly Lake work
Corona Gold (CRG-T) reports mixed results from diamond drilling carried out on the Troutfly Lake properties in the Dryden-Sioux Lookout area of northwestern Ontario.Most of the targets tested in the 9…