London-based Nelson Gold (NLG-T) suffered a loss of US$2.29 million (or US3 cents a share) for the 6-month period ended June 30, compared with a loss of US$1.69 million (US3 cents a share) in the same…
The latest drill results from the Fyre Lake massive sulphide project in the Finlayson Lake district of southeastern Yukon confirm the continuity of the western limb of the Kona zone.Columbia Gold Mine…
The government of Ontario has drafted a series of amendments to the Occupational Health and Safety Act aimed at shifting the cost and responsibility of mine safety to producers.The 55 amendments inclu…
One of the longest running legal disputes in recent mining history has come to an end.Ontex Resources (ONT-T) and Metalore Resources (met-t) began their legal battle over the Brookbank property in 198…
Having terminated its exploration project in Eritrea, East Africa, Ventures Resources (VRS-V) is focusing all of its efforts on Alaska.The company recently released the first batch of drill results fr…
Sean Tetzlaff appointed chief financial officer.
Low gold prices have derailed plans by Echo Bay Mines (ECO-T) to construct two new gold mines — Paredones Amarillos in Mexico and Aquarius in Canada — and develop the Ulu gold project in Canada’s No…
A buoyant zinc market has induced Cominco (CLT-T) to consider reopening the Sa Dena Hes zinc-lead mine, 45 km north of Watson Lake in southeastern Yukon.The mine was closed in December 1992 as a resul…
Things are getting ugly in Kazakstan: Just weeks after cancelling World Wide Minerals’ (WWS-T) contract to manage uranium operations in Stepnogorsk, the Kazakstani government’s State Property Departme…
Dee Parkinson-Marcoux appointed director.
The exploration program at the Stenpad concession in Ghana is continuing following a technical audit that concluded earlier trench sample assays were “unreliable.”Golden Rule Resources (gnu-t) and Hix…
Thanks to higher copper and zinc prices, as well as drops in both cash costs and exploration expenditures, Inmet Mining (IMN-T) was able to post a profit for the second quarter.For the three months en…
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