News

Joutel expands gold resources in Cuba

New results have expanded the known gold resource at three Cuban projects of Joutel Resources (JTL-T).At the Zona Barita project, the 28-hole third phase of drilling is now complete, and a prefeasibil…


OBITUARIES — Lawrie Reinertson

Lawrie Reinertson, president and chief executive officer of Rio Algom, has died of a heart attack. He was 51.Mr. Reinertson’s mining career began in 1965 when he joined Noranda as a prospector. Severa…


Teck reports steady earnings

Second-quarter earnings remained steady for Teck (TEK-T).The company earned $19.7 million (or 20 cents per share) on revenue of $187.4 million, compared with a net income of $18.1 million on $181.7 mi…



Ontario teen wins mining essay competition

A 13-year-old boy from Aurora has been named “Junior Miner of Ontario” by the Prospectors & Developers Association of Canada (PDAC).Riccardo Dente, a Grade 8 student at Light of Christ Catholic School…




PEOPLE — ADDA RES.

Rene Carrier and James Hutchison elected directors; Brian Doutaz appointed president and chief executive officer.


OBITUARIES — Elmore Dillman

Elmore Dillman, a mining promoter who worked across Canada, has died. He was 78.A graduate of the University of Saskatchewan’s mining engineering program, Mr. Dillman started his career in the late 19…


Securities disclosure is going electronic

By autumn, the System for Electronic Document Analysis and Retrieval (SEDAR) will be mandatory for many public companies.Described as an improvement over traditional paper filings made to Canadian sec…



Pegasus settles Zortman dispute

A settlement has been reached in a dispute involving Pegasus Gold (PGU-T), the U.S. Environmental Protection Agency, the state of Montana and local natives over water quality at the Zortman gold mine …


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