News

Despite continuing low share prices, Freewest Resources (TSE) has much to be optimistic about, President Mackenzie Watson announced at the company’s recent annual meeting. “Things, exploration-wise, a…

The secretive Canadian arm of South African diamond giant De Beers stepped into the public forum for the first time in years by recently agreeing to form a joint venture with Aaron Oil (ASE), a Calgar…

Mining companies in Ontario need to have confidence in the price forecasting ability of Ontario Hydro and on the availability of competitively priced electricity. From the 1950s to the 1980s, the util…

An updated reserve estimate released by Placer Dome (TSE) for the Pipeline gold deposit at its 60% owned Cortez joint venture property in Nevada shows a 30% increase in contained gold. The deposit is …

Britt Resources Ltd. (BRN:VSE) has changed its name to La Cieba Minerals Corp. (LCE:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.

A new quarterly record for gold production was set by Placer Dome (TSE), which turned out a total of 505,000 oz. for its most recent quarter ended June 30. But the company’s latest operating results s…

Theme of this year’s Quebec Prospectors Association convention, scheduled for Sept. 16-18 in Val d’Or, Que., is “Exploring in Quebec?”, with the focus on evaluating the future of mining exploration in…

Kirkkiat Jalichan, Rakash Saxena, Brian Blake and Robert Smiley appointed directors.

Drilling on the Casino copper-gold project in southern Yukon returned a number of wide intersections for owners Casino Silver Mines (VSE) and Big Creek Resources (VSE). Big Creek is earning a 50% work…

Ron Orr and Fred Scholz appointed directors.

Hugh Mogensen appointed director.

Art Reitmeyer, Robert Ingram, Roy Gardner and Nestor Stadnyk appointed directors.