News

By spending US$500,000, Placer Dome (TSE) will earn a 70% interest in a 4,117-acre property jointly owned by Quote Resources (VSE) and Pelangio- Larder Mines (COATS), in Enterprise Twp., Wis. The thre…

In its bid to develop low-cost and efficient mining processes for the future, Rio Algom (TSE) has three projects under way that make use of innovative techniques such as solution mining and in situ le…

I thoroughly enjoyed the 75th Anniversary issue of The Northern Miner. Concerning “The dirty ’30s” article by Frank Kaplan and the reference to Jerry Byrne and the Discovery mine, I’d like to mention …

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 121.25 120.00 121.00 — 6.40 May 119.50 116.75 119.35 — 5.50 Jul 112.60 110.00 112.35 SILVER (in US cents pe…

Shareholders of related companies Muscocho Explorations (TSE), Flanagan McAdam Resources (TSE) and McNellen Resources (TSE) are expected to approve an important restructuring and financing agreement t…

Privately owned Curragh Resources — the western world’s sixth largest producer of zinc and lead concentrates — has filed a preliminary prospectus for its first public offering of nine million shares…

Drill results from the Preview Lake property, 80 miles northeast of La Ronge, Sask., has sparked a 19 cents increase in the price of Windarra Minerals (TSE) shares. Windarra, which holds a 20% stake i…

In its first year as a public company, Potash Corp. of Saskatchewan said its earnings and revenues were affected by a drop in offshore sales and a stronger Canadian dollar. The former Crown company re…

Queenston Mining’s (TSE) Kirkland Lake West ground adjacent to the Macassa mine, a target of underground exploration through an agreement with LAC Minerals (TSE), has not yielded economic gold mineral…

Breakwater Resources (TSE) recently took another step toward its stated goal of diversifying from gold into base metal production. Having already secured the El Mochito polymetallic mine in Honduras, …

You might call it “Death Wish II.” It seems like an appropriate title for the suicidal drama unfolding between two key players in British Columbia’s securities industry. The British Columbia Securitie…

Exploration results from Canadian interests and production developments in South America are resulting in a strong property portfolio for Toronto-based Greenstone Resources (TSE). The Scott Lake base …