Recently increasing its ownership position in Consolidated Professor Mines (TSE) was Conwest Exploration (TSE). Conwest purchased 829,949 shares of Professor under a private agreement and now owns mor…
A mine development certificate was recently awarded to Imperial Metals (TSE) for its 100% owned Mt. Polley copper-gold project near Williams Lake, B.C. The project is the first major new mine authoriz…
A 66% increase in gold production at American Barrick Resources’ (TSE) Goldstrike mine in Nevada helped boost the company’s net income to US$109.4 million for the nine months ended Sept. 30. This repr…
It is unfortunate that your staff resorts to derogatory commentary when reviewing press releases issued by juniors while glossing over some of the spectacular disasters engineered by majors. Two recen…
Ontario’s Ministry of Northern Development and Mines (MNDM) has been taking some hard knocks over the past few years for its failure to promote the mining industry. The province’s own figures show tha…
Our readers love to take us to task; for stories not written, for biased reporting, for outright mistakes. But we are also asked for information. “About Red Lake Buffalo Resources,” writes A.B. from W…
The Nicaraguan government is selling some state-owned mineral assets, including two operating mines, that were nationalized when the Sandinista regime was in power. To be privatized are the operating …
Years before the diamond fever flared up in the Northwest Territories, Peter Howe acquired a diamond property in central Africa for Ateba Mines. Recently, TSE-listed United Reef Petroleums farmed in f…
Board approvals were received by Bema Gold (TSE) and Amax Gold (NYSE) to close a transaction whereby Amax will become a 50-50 partner with Bema to jointly finance and develop the Refugio gold project …
With three projects slated for drilling this coming fall and winter, Pine Channel Gold (VSE) expects to rank among the more active junior companies in northeastern Saskatchewan. The company recently a…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Copper 1387-1388 1365-1367 1351-1352 1322-13…
Two holes have been completed on Canmine Resources’ (CDN) Fer property near Flin Flon, Man. The vertical holes, spaced 50 metres apart, intersected a massive sulphide zone at a depth of about 25 metre…
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