A summer exploration program has begun on the Fer polymetallic property near Flin Flon, Man., belonging to Canmine Resources (CDN). The $200,000 program will include line-cutting, surface transient el…
An issuer bid has been made through the Toronto Stock Exchange by Goldcorp (TSE) to buy back up to 1.4 million class A participating partially voting shares of the company. The shares will be acquired…
In a sweeping series of proposed changes, the British Columbia government is considering collecting fees from mining companies for project reviews. Not only that, companies may be required to pay all …
Ontario Premier Bob Rae urged Canadian mining companies to increase their foreign exposure, at a recent “Meet the Miners” reception at the Royal Ontario Museum in Toronto. Rae said that while his gove…
Prince Nawaf of Saudi Arabia has sold four million shares of Horsham (TSE) at US$11.62, cutting his ownership of the investment company in half to 4.5%. The shares were sold on the New York Stock Exch…
Toronto-based junior Republic Goldfields (VSE) in association with IMI Mineral Development, a geological consulting firm, has signed a letter of intent with the Cuban government to explore and develop…
For the first time, a joint venture has been signed between the U.S. and a republic of the former Soviet Union. Morrison Knudsen (NYSE) has signed an agreement with the state-owned mining corporation …
Toronto-listed International Larder Minerals has raised $2 million through the issue of 10 million shares at 20 cents each. Proceeds will be used to acquire a 49% interest in MCK Prospectors, which, i…
Toronto-based Sonora Gold (TSE) has reached an agreement to acquire the remaining 30% interest in the Jamestown gold mine in Sonora, Calif., from a subsidiary of French conglomerate COGEMA. The purcha…
Base metal and many minor metal inventories rose again during May and early June, reaching their highest levels in years. The reasons vary, but relate mostly to an ease in demand caused by declining m…
China plans to increase exports of major non-ferrous metals at an annual rate of 7.5% over the next eight years, according to a publication of Ontario’s Ministry of Northern Development and Mines. The…
Two maps created under the National Mapping program have been released for the area comprising Flin Flon, Man. and Creighton, Sask. The maps, which update the geology of the area for the first time si…
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