News

Shareholders of Prime Resources (VSE) and Calpine Resources (VSE) will be meeting Dec 14 to consider a transaction that would result in a merger of the two companies. If approvals are obtained, the me…

Recent drilling on a new zone at the joint venture of Placer Dome (TSE) and Golden Star Resources (TSE) in Guyana to indicates that the open pit operation will be much larger than originally anticipat…

American Barrick Resources (TSE) has confirmed that drilling on its North claim block has encountered high grade gold mineralization across exceptional widths. The news ended weeks of speculation that…

The Toronto Stock exchange is in the preliminary stages of an investigation into the trading of Aur Resources (TSE) shares before results were released from the company’s Louvicourt Twp. base metals d…

Spearheaded by mining executive Malcolm Slack, Deak Resources (TSE) has been organizing and assembling gold and base metal properties in the Rouyn-Noranda, Que., and Virginiatown, Ont., areas with the…

Earnings for Vancouver-based Gibraltar Mines (TSE) were the company’s best in nine years. Nine-month results for the period ended Sept 30 reached $19 million, or $1.58 per share, compared with net ear…

A spill of about 2,000 cubic metres of mine water occurred recently at the Rabbit Lake uranium mine of Cameco in northern Saskatchewan. The company reports water sampling has indicated the spill poses…

Directors of Toronto-based affiliates Agnico-Eagle Mines (TSE) and Dumagami Mines (TSE) have given approval to the terms of a proposed merger of the two companies. Pending approval of Dumagami shareho…

“Mining is one of man’s truly creative activities,” says Erik Andersen, recently appointed manager of Muscocho Explorations’ Magnacon gold mine in Ontario’s Mishibishu area. “It combines 0000,0506 his…

Inco Ltd. has opened a regional exploration office in Val d’Or, Que., to co-ordinate its exploration activities in the province. This new office, headed by Robert Lambert, is an integral part of the r…

Two groups of mineral properties totalling about 500 acres were recently acquired by Alban Explorations (VSE) in the Carlin Trend of Nevada. The purchase price was a total of 300,000 Alban shares and …

VANCOUVER Bellex Mining — gross proceeds rec $235,000. Dessir Res — 600,000 sold for gross $228,000. Goldcliff Res Corp — gross proceeds rec $240,000. Reg Res Corp — gross proceeds rec $146,946.60…