Vancouver-based Placer Dome (TSE) has dropped out of a plan to earn a 60% stake in the Brookbank gold property from Ontex Resources (ASE), almost nine months after signing a letter of intent. Ontex Vi…
The Galena silver mine in northern Idaho will be shut down July 26 and placed on a care-and-maintenance basis because of depressed silver prices, Asarco (NYSE) reports. About 215 employees will be aff…
Placer and hard-rock miners face tougher land-use laws in a draft report which the federal northern development minister unveiled recently in the territory. Still, Tom Siddon, federal minister of Indi…
Shares of SouthernEra Resources and Aber Resources shot up to new highs during the week ended June 9, as more companies moved into the Northwest Territories to stake claims around Lac de Gras and beyo…
Quebec exploration company Robex Resources (ME) is negotiating to acquire a controlling stake in its 25% owned Bateman Twp. property in Chibougamau, Que., after releasing results from a 9-hole drill p…
An initial drilling program is set to commence at the Sustut gold-copper project in British Columbia, 190 km north of Smithers and 60 km south of the Kemess area, Beauchamps Exploration (VSE) and Skee…
More diamond drilling is under consideration for the large-tonnage, low-grade Moss Lake gold deposit of Tandem Resources (ME) and Storimin Exploration (ASE) which is under option to Central Crude (TSE…
Calgary-based Flag Resources (ASE) says preliminary drill results from the Wanapitei anomaly northeast of Sudbury, Ont., indicate that the company’s first hole is enriched with elements associated wit…
Canada’s prosperity will be seriously undermined unless action is taken to improve the country’s competitive position in mining and other industry sectors, Noranda Chairman Keith Hendrick told delegat…
Canada’s mining industry is poised to enter its diamond phase, say those who have a stake in the Lac de Gras region, from which a bulk sample yielded gem-quality stones last month. The stock market re…
Copper and zinc producer Bethlehem Resources (TSE) recently received proposals for a merger as well as a takeover from two separate groups. Henry Ewanchuk, president of the company, said Bethlehem rec…
Bruce McDonald has kept a low profile since selling Noramco Mining (TSE) and its portfolio of junior companies to Breakwater Resources (TSE) several years ago. As it turned out, Breakwater had to writ…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.