News

After six months of negotiations, Toronto-based Euro-Nevada Mining (TSE) has added another gold property to its list of Nevada royalty holdings, the company said recently. Euro-Nevada has acquired a 1…

Toronto-based Goldteck Mines (TSE) has pulled a high grade gold intersection while drilling at the Wilkinson Lake property in Beardmore, Ont., the company announced recently. Hole No. 87-17 intersecte…

In light of the current strength in nickel prices, Teck Corp. (TSE) is considering several options for its Montcalm Twp., nickel-copper deposit located 35 miles northwest of Timmins, Ont. Hosting rese…

The largest mining research team in Canada is being established by Yorkton Securities. Using a formula which has proven popular in Europe, but remains new to the Canadian scene, Yorkton is building a …

The past year has been one of tremendous change and growth for Breakwater Resources (TSE). The company turned in record production and profits, became free of bank debt and paid its first semi-annual …

A recently completed drilling program has increased open pit reserves at Bentley Resources’ (VSE) Bagdad Chase mine located in the Mojave Desert of southern California. Reserves have increased to 1,10…

As though an electrical power rate increase announced late last year of about 5.2 per cent to direct power users weren’t enough, it is now being proposed that a sales tax be added to the cost of power…

A 33,500-ton bulk sampling program at the Francoeur property is expected to be completed by May, Rouyn Mining Resources (TSE) says. Following the completion of the mining program, the company plans to…

Galactic Holdings, a wholly- owned subsidiary of Vancouver- based Galactic Resources (TSE), recently announced a European public offering to help reduce a $14- million(US) debt load incurred during a …

It has been about five years now since I heard anything from Silver Eureka Mining which holds a 25% interest in Eureka, Nevada-based Ruby Hill Mining Co. A number of years ago, Silver Eureka receive…

A $2.90(US) price increase has been won by Westar Mining (TSE) from its Japanese customers for the coal year commencing April 1. This brings the price for metallurgical coal to $46.90 per tonne. Westa…

Thanks to a more efficient mining method and some new technology, Cliff Resources (TSE) is planning to extract about 20,000 oz gold this year from its Green Hill placer gold mine at Olinghouse, Nev. O…