The Nova Scotia and federal governments recently signed a $10-million co-operation agreement on mineral development. The province will contribute $3 million and the federal government, $7 million. The…
Since Sudbury Contact Mines (TSE) reported its discovery of eight microdiamonds on its Diamond Lake project a handful of companies have moved into the Kirkland Lake, Ont., region to stake more ground …
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 Copper 1229-1230 NA 1251-1252 1246-1248 1245…
Semi-monthly reports as of August 31, showed 30,372,811 shares of 582 issues compared with 28,509,127 shares of 579 issues on August 15. Larger individual positions included: Aber Res. 80,800, down 28…
In 1988, Saskatchewan witnessed a preview of today’s diamond rush in the Lac de Gras area of the Northwest Territories. Encouraged by news of a diamond discovery and subsequent land grab by De Beers C…
The first reading of a De Beers (LSE) annual report by anyone unfamiliar with the business would be puzzling if not downright frustrating. How can a company that produces less than 8% of the world’s n…
While most of the industry’s attention this year has been focused on the diamond play of BHP Minerals Canada in the Lac de Gras region of the Northwest Territories, the gold potential of this vast and…
A Venezuelan company managed and owned 50% by Jordex Resources (TSE) has extended an exclusive option on its Loma de Hierro nickel project to Anglo American Corp. of South America for an additional 90…
When it comes to gemstone mining in Alberta, there is only one game in town: the shell game. Gemstone mining is virtually non-existent in Alberta except for a remnant of the ancient sea bed which mill…
Diamond exploration activity in the Lac de Gras area in the Northwest Territories and elsewhere in the country has been a considerable boon to Canada’s otherwise sluggish mineral geophysics industry. …
A recent hole drilled by a unit of Nerco Minerals returned more than 0.5 oz. gold per ton over a drilled interval of 305 ft. from the Cresson project in the historic Cripple Creek mining district near…
Malcolm Slack, chairman of Deak Resources (TSE), recently increased his interest in the junior producer by buying 400,000 shares privately for 29 cents to hold 531,700. A $3-million underground explor…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.