Insiders of Viceroy Resources (TSE) offloaded some of their holdings in February, when the stock was trading close to its 52-week high of $7. According the Ontario Securities Commission’s OSC Bulletin…
Toronto-based Union Mining (CDN) has changed its name to Union Gold and is now listed on the Alberta Stock Exchange. By optioning properties to third parties, the company intends to remain active in e…
Menora Resources’ (ME) holdings in Cape Town-based Ocean Diamond Mining Holdings will increase by about 20% through a cash transaction. The transaction, at the agreement-in-principle stage, must be ap…
Gold miner Pegasus Gold (TSE) plans to enter phase three of work at the Talapoosa property in Lyon Cty., Nev. It is earning a 70% interest in Talapoosa from Athena Gold (VSE) by making payments totali…
The commission probing the fatal Westray mine explosion in Nova Scotia wants the federal government to release all documents pertaining to the mine. The commission warns it is prepared to take the mat…
Newfoundland and Labrador have changed their mining tax policy to encourage investment. Provincial corporate taxes will now be creditable against mining taxes for a mine’s first 10 operating years. Al…
A 2,000-metre program is under way at the Lewis Ponds polymetallic prospect in Australia, reports Tri Origin Exploration (TSE). The drilling is intended to expand a known inventory of 1.5 million tonn…
The isolation of many mining camps can affect workers in various ways. Over the years, and at numerous operations, I have observed that the poker game is most likely to occupy idle miners. At times, t…
Metals markets continue to be roiled by conflicting economic reports. Amid the lingering recession, quiet consumer demand and growing inventories, miners and manufacturers are attempting to optimize p…
Vancouver-based junior Home Ventures (VSE) has agreed to a private placement of one million units at 25 cents per unit to raise $250,000. Each unit consists of one Home Venture common share and one no…
I have been hearing a lot about mining developments at Shoal Lake in northwestern Ontario. So far, there has been a lot of heat but no light from Manitoba. Comments in the local press attributed to Co…
Dreams of saving money in Russia’s barren Arctic to buy a home and retire to the temperate south have perished in the grim reality of inflation. Officials say more than 800,000 of the Russian Arctic’s…
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