High-grade copper-bearing float has been uncovered by Freewest Resources (TSE) in the Bathurst mining camp of northern New Brunswick. The company says several sub-angular boulders of chloritic mudston…
Perhaps the most urgent issue for mining in the West has been the attempt to amend or to revoke the Mining Law of 1872. For four or more years, a fight to replace the Law was led by Representative Nic…
A combination of productivity gains and federal government initiatives to stimulate the Canadian economy has paid off for base metal miners, but analysts say the party will be short-lived. A survey of…
At the height of the field season in the Lac de Gras area, it was rumored that Monopros, the Canadian subsidiary of De Beers Consolidated Mines, was flying out a Twin Otter load of overburden samples …
Closing arguments were heard at the end of October in the $60-million Westminer Canada lawsuit against Seabright Resources’ former directors. Information disclosure and director liability are the cent…
A private company has agreed to finance development of Noront Resources’ (VSE) Beaverbrook antimony property near Gander, Nfld. To earn a 50% interest in the property, the private company must spend $…
The directors and independent board committees of Anglo Dominion Gold Exploration (TSE), The Conigas Mines (TSE), Garrison Creek Consolidated Mines (CDN) and Quebec Sturgeon River Mines (TSE) have app…
The Supreme Court of British Columbia recently approved the amalgamation of Equinox Resources (TSE) and Eastmaque Gold Mines (TSE) in an uncontested hearing. Previous efforts by Equinox to merge the t…
In Canada’s mining industry, panning the prospectors is surely a disgraceful exercise. Natural resources are the basis of Canada’s wealth. But without the vision of explorers, prospectors and speculat…
Drilling recently got under way at the Galena Giant property owned by Wealth Resources (VSE) and Arbor Resources (VSE). Kennecott, which can earn a 51% interest in the property by spending US$5 millio…
Western markets tracked sideways during the report period with little help from depressed gold markets. Gold lost about US$7 per oz., marking a new 6-year low at the US$330-per-oz. level. The Vancouve…
Week’s Price (US) Change Gold* $330.20 – $6.70 Silver* $ 3.71 – $0.09 Platinum* $354.60 – $0.65 Nickel** $ 2.53 – $0.13 Lead** $ 0.20 – $0.01 Copper $ 0.96 – $0.06 Zinc $ 0.47 – $0.02 Courtesy of Scot…
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