Continued strength in gold bullion was not enough to hold up western markets over the period ended May 31. Gold held in at the US$387-per-oz. level while the Vancouver Stock Exchange resource index di…
Cifford Davis appointed senior vice-president, finance and chief financial officer.
Robert Weicker appointed president and chief executive officer; Robert Buchan and Carl Zuber appointed directors.
Drilling at the Damoti Lake property north of Yellowknife, N.W.T., is returning encouraging results. Hole D-50 returned a 43-ft. intersection grading 0.094 oz. gold per ton, including a 12.1-ft. secti…
The sale of Australian-based MIM Holdings’ 37% interest in Granges (TSE) to Atlas (NYSE) is expected to proceed. Following the announcement of the sale on April 28, Granges had 30 days to locate anoth…
Junior Starratt Nickel Mines (CDN) plans to buy the outstanding shares (together with certain royalty rights) of a private company which owns the Palmerston tremolite property in eastern Ontario. The …
A feasibility study is being carried out on the Loma de Hierro nickel laterite project in Venezuela, Jordex Resources (TSE) reports. Test work at the minesite has been completed and the emphasis has s…
In a bid to diversify, Saskatchewan uranium producer Cameco (TSE) has signed a deal with the Kyrgyzstanian government to develop the Kumtor gold deposit in the eastern mountains of the former Soviet r…
With the mine feasibility study at the Brewery Creek project in the Yukon nearing completion, owner Loki Gold (VSE) is preparing an Initial Environmental Evaluation (IEE) submittal for regulators. Lok…
Alberta-listed Detector Resources has inked a deal to earn a half interest in Wiscan Resources’ (TSE) Randall Lake gold property in northwestern Ontario. The 102-claim property is in the Opapimiskan L…
The recent discovery by Aber Resources (TSE) of several diamondiferous kimberlites further attests to the exploration potential of the Lac de Gras region in the Northwest Territories. The discovery ho…
Full operations at the Heath Steele base metal deposit, near Bathurst, N.B., are scheduled to resume later this fall, reports owner Brunswick Mining and Smelting (TSE). The decision to reopen is large…
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