Following the collapse of an estimated $5-million financing deal earlier this year with a “major mining company” widely believed to be Kennecott, Prime Equities (VSE) has negotiated a funding deal wit…
Striking miners at Brunswick Mining & Smelting’s (TSE) lead-zinc operation in New Brunswick recently voted 64% against the company’s latest offer, which included a 24% wage increase over 42 months. Re…
If Inco’s (TSE) performance is any indication of the overall health of the industry, base metal mining may be on the verge of a turnaround. As Chairman Donald Phillips stressed at the opening of this …
Gold funds as of Apr. 16 BGR Central Net Value $9.19 $5.09 Price $7.63 $4.800 Discount 16.97% 5.7% Value $54,739,816 $80,756,640…
Shipments of zinc concentrates from the Van Stone zinc mine owned by Equinox Resources (TSE) and a syndicate of European investors have started. The concentrate is shipped from the mine in northern Wa…
Blaming economic woes in both North America and Brazil, two of the company’s most important markets, Alcan Aluminium reported a net loss of US$1 million (3 cents per share) for the first quarter of 19…
The American Girl Mining joint venture reported record production for the month of March, producing 7,345 oz. gold from its open pit and underground operations. Eastmaque Gold Mines (TSE) owns a 50% i…
An agreement has been signed between the Asbestos Institute of Montreal and the asbestos industry of the Soviet Union aimed at improving health and safety in the industry. The International Fibre Safe…
The uncertainty clouding Consolidated Professor’s (TSE) designation under Ontario’s Environmental Assessment Act (EAA) could have a dramatic impact on the approval process for Canadian mines, says Rog…
Trading volumes for the junior mining issues slumped during the week ended April 16 as investors continued to wait out the recession. But in the meantime, Peat Resources announced the company is just …
American Barrick Resources (TSE), the power house of the North American gold mining industry, continues to build on its own success. The Toronto-based company reported record first-quarter earnings of…
Following a major writedown of its mining properties in Quebec last year, Aurizon Mines (TSE) is gearing up to explore a low-cost copper-gold property in Mexico. For the year ended Dec. 31, the compan…
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