Partners Dragoon Resources (VSE) and Greenstone Resources (TSE) recently completed a 4-hole drill program on the David Lew gold project in southwestern British Columbia. The best hole returned 0.11 oz…
A news man who devoted his entire life to that profession, including a 10-year stint with The Northern Miner, Walter (Walt) Waterston died recently at his home in Unionville, Ont., where he had lived …
Company Cash Costs Total Costs Gold Price Pretax (incl deprec) Received Earnings Margin (US$/oz.) (US$/oz.) (US$/oz.) (US$/oz.) Hemlo Gold 144 248 390 + 142 Corona 215 330 385 + 55 Placer Dome 251 333…
A $10-million abandoned mines program is being set up by the Ontario government. The money for the Abandoned Mine Hazards Abatement Program was allocated in the recent budget brought down by the New D…
The previously announced merger between Hecla Mining (NYSE) and CoCa Mines (NASDAQ) is now complete following the approval of the two company’s shareholders. Each common share of CoCa common stock is …
An initial public offering by Cameco (TSE) has closed successfully, raising gross proceeds of $130 million for the uranium producer. About 60% of the 10.4-million share issue was bought by institution…
With Minorco’s bid for the purchase of Hudson Bay Mining & Smelting (TSE) extended until July 31, the $187-million refit of the Flin Flon, Man., smelter remains on hold. Minorco, a Bahamian affiliate …
The advanced Mount Polley copper-gold project in central British Columbia is now owned 100% by the Imperial Metals Group, with Imperial Metals (TSE) having a 60.4% direct interest. Along with two affi…
Most major mining companies in North America are now active in Latin America and are being rapidly followed by the middle- and junior-tier companies, according to a private research firm based in Denv…
Argo Stefanopolous appointed director.
Val D’Or Resources Inc. (VRE:ME) has changed its name to Consolidated Val D’Or Resources Inc. (CVI:ME) with a consolidation of capital on a 1-new-for-15-old-share basis.
Construction is under way at Kennecott’s Flambeau copper deposit in Wisconsin. Flambeau Mining, a Kennecott subsidiary, will build a settling pond and water treatment plant before entering into produc…
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