News

First drilling results of a $3-million exploration program undertaken this spring on the polymetallic Lansdowne property in northwestern Ontario indicate promising copper values over significant width…

Subject to environmental permitting, the Thayer Lindsley (TL) project in the Sudbury, Ont., area is expected to be a producer in the near future. Though long known to Falconbridge, it wasn’t until rec…

Save Our North, the grassroots organization that has been spreading like wildfire across northern Ontario, recently launched a national campaign that will solicit support from resource-based communiti…

After consultations with its underwriters, El Condor Resources (VSE) recently increased the size of its proposed financing to $7.2 million from the previously planned $6 million. As a result, the comp…

Texas Star (VSE) has worked out a deal to increase to 25% its interest in a diamond exploration joint venture in Arkansas’ Crater of Diamonds state park. Arkansas granted approval to conduct an explor…

Some union workers at the Giant gold mine near Yellowknife, N.W.T., are crossing the picket line to join contract miners and Royal Oak Mines (TSE) staff at the mine operation which is running round-th…

While the outlook for mining in Quebec this year is bleak, the long-term future of mining exploration in Quebec remains promising, says Michel Bouchard, president of the Association des Prospecteurs d…

The companys stock recently reached a new high of $2.35 before falling back to $1.85, compared with a 52-week low of 15 cents. Although Sudbury Contact declined to comment on the exact location of the…

Sulphide samples from bacterially assisted leaching at the Ivan copper project in Chile are being sent to a laboratory for testing, Minera Rayrock (TSE) reports. The company says acceptable recoveries…

A drill program is planned by Adonos Resources (VSE) and Starmin Mining (TSE) for their copper-gold project in the Philippines to test, in part, the deposit’s strike extension. As well, the program wi…

Both the Vancouver Stock Exchange resource and composite indices continued to gain ground during the week ended June 2 with diamond exploration remaining the “special of the week”. The composite index…

Toronto-based resource giant Rio Algom (TSE) has made the necessary arrangements for a US$180-million financing package needed to develop the Cerro Colorado copper mine in northern Chile. After an ini…