The feasibility study in progress at the Hemlo Gold (TSE), Central Crude (TSE) joint venture at Mishibishu Lake, Ont., should be completed next month, says Hemlo Gold President John Harvey. “If the fe…
Despite higher gold production from six mines in the western U.S., Pegasus Gold’s (TSE) first-quarter earnings and revenues were down from last year’s levels. Pegasus Gold reported net income of $621,…
The gap between the valuation placed by Audrey Resources (TSE) and Asamera Minerals’ (TSE) parent Gulf Canada Resources on Asamera’s Canadian and U.S. mineral assets is apparently too wide. Audrey Pre…
The sale of 20% of P.T. International Nickel Indonesia is proceeding on schedule, Inco (TSE) Chairman Donald Phillips told a group of mining analysts in New York. As a result of the sale, Inco should …
The all-commodity price index of Scotiabank rose by 2% in March, its first monthly gain since October. A strong recovery in base metals — up 7.2% from February — offset small declines in forestry pr…
A preliminary reserve estimate of more than 30 million tons grading 0.48% copper marks the end of a successful 35-hole grassroots drilling program on Windy Mountain Explorations’ (COATS) MacLeod Lake …
Named as one of three defendants in a proceeding commenced in the Supreme Court of British Columbia is Aurizon Mines (TSE). The company says the action, launched by a private company, is related to an…
As a result of a merger between Atlantic Goldfields (COATS) and Norcast, Atlantic’s main interests have switched from mining to producing grinding media from Norcast’s three iron and steel foundries. …
Moving up the list of top Canadian gold producers is American Barrick Resources (TSE), which Richard Cohen of securities firm BBN James Capel says could occupy the second position in the country by th…
High volumes of exports from Chinese tungsten producers are continuing to depress tungsten prices, keeping Canada Tungsten’s (TSE) earnings on a downward spiral. The company suffered a net loss of $2 …
Pressure to satisfy the market’s desire to know how drilling is progressing at the Louvicourt Twp. massive sulphide project is taking its toll on the share prices of Aur Resources (TSE) and Societe Mi…
Although not as spectacular as initially estimated, drill hole 90-489 from the Eskay Creek project north of Stewart, B.C., still turned out dazzling assay results for both precious and base metals. Pr…
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