News

Marshall Minerals (ASE) recently increased its stake in Eden Roc Minerals by exercising options to acquire an additional 5.92 million Eden Roc (TSE) common shares for an aggregate consideration of $1….

A recent agreement with Dia Met Minerals (VSE) will allow Uranerz Exploration and Mining to participate in a diamond exploration program owned 100% by Dia Met within a specific but undisclosed area of…

When it comes to putting gold deposits into production, five are sometimes better than one. At least that’s the theory that Corona (TSE) senior geologist John Thompson is working with as he attempts t…

The fifth hole of a 5-hole program at the Robertson base metal property near Matachewan, Ont., has intersected four zones of banded, disseminated to semi-massive sulphide mineralization, including a 1…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 113.20 110.80 110.80 — 0.20 Mar 112.70 109.70 110.05 + 0.05 Apr 108.50 108.50 108.20 — 0.20 SILVER (in US c…

More than 31,000 ft. of surface drilling in 61 holes have been completed by Agnico-Eagle Mines (TSE) at its Eagle West zone showing in northwestern Quebec, the gold-silver producer reports. Original d…

Toronto-based Central Crude (TSE) is working on an alternate mining plan for the Eagle River gold project following a recommendation from joint venture partner Hemlo Gold Mines (TSE) that production a…

A new partnership between Homestake Mining (NYSE)and U.S. Gold (NASDAQ) will provide for further exploration and development of the Tonkin Springs property in the prospective Battle Mountain-Cortez go…

The agreement reached late last year to settle all legal disputes between Pioneer Metals (TSE) and Pegasus Gold Mines (TSE) is near completion. The agreement was conditional upon the verification of c…

Vancouver-based Placer Dome (TSE) has dropped an option to earn in on two gold properties near Claude Resources’ (TSE) Seabee property in Saskatchewan. Placer Dome will not be continuing an option on …

Drilling on the David/Lew project near Cranbrook, B.C., continues to return good gold values with the best hole, 90-43, intersecting 36 ft. grading 0.37 oz. gold per ton. The project is a 50-50 joint …

The Soviet Union is going to need a lot of help from the West if it plans to continue the reform of its economy. There are, for example, a number of Canadian mining and consulting companies eager to l…