British mining giant RTZ has elected to sell its 51.5% stake in Rio Algom (TSE) for $362.3 million as part of a plan to streamline its North American holdings. In a press release, RTZ said it was sell…
Management and labor have to abandon their traditional adversarial relationship if Canadian mining companies are to survive, says the president of Brunswick Mining and Smelting (TSE), citing his own c…
St Andrew Goldfields (TSE) has intersected some unexpectedly high-grade gold values while drifting in the West zone of its Stock Twp. gold mine near Timmins, Ont. At the company’s recent annual meetin…
When Wood Gundy decided it was going to open its doors to the media more than it had in the past, it picked a tough issue to start off with. Analysts at the usually secretive brokerage firm invited fu…
Prospective joint venture partners are being welcomed by Columbia Gold Mines (VSE) to tour the company’s Spectrum gold project in northwestern British Columbia, and the Tillicum Mountain gold project …
Bruce McDonald has kept a low profile since selling Noramco Mining (TSE) and its portfolio of junior companies to Breakwater Resources (TSE) several years ago. As it turned out, Breakwater had to writ…
A 24-hole, second-phase program completed on Freewest Resources’ (TSE) Benoit gold property northeast of Rouyn, Que., has yielded a preliminary reserve estimate of 3.3 million tons grading 0.076 oz. g…
Net proceeds from the sale of its 33% interest in oil producer Poco Petroleums should be about $29 million, Dundee Bancorp (TSE) says. Dundee is a major shareholder in International Corona (TSE), whic…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)…
BGR Central Net Value $7.93 $5.07 Price $6.25 $4.60 Discount 21.16% 9.30% Value $47,200,000 $77,391,780…
International Suneva Resources Ltd. (ISN:VSE) has changed its name to Nevsun Resources Ltd. (NSU:VSE) with a consolidation of 1-new-for-4-old-share basis. The transfer agent is Montreal Trust.
(Staff) — The Duncan R. Derry Medal — the highest award that can be bestowed on a geoscientist in Canada — was given here twice recently to Jim Franklin of the Geological Survey of Canada (GSC). Th…
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