Teck pursues interest in Pine Point Mines
Teck (TSE) will soon make a bid to acquire a substantial portion of Pine Point Mines (TSE) through Nunachiaq, a private company jointly owned by Teck, Metallgesellschaft of Germany and M.I.M Holdings …
News
Pezim vows `street fight’ over charges
Insider trading allegations against Murray Pezim and two other common directors of Calpine Resources (VSE) and Prime Resources Group (VSE) dramatically overshadowed recent meetings where Prime and Cal…
Black Gregor intersects mineralized structure on Hemlo gold
A mineralized structure has been identified over a strike length of at least 1.3 miles on Black Gregor Explorations’ (COATS) gold property near Marathon, Ont. At the completion of their latest 32-hole…
Continental climbs as takeover rumor stimulates trading
A new flurry of takeover rumors has dramatically boosted the share price of Continental Gold (VSE), a Vancouver- based junior which owns 70% of the advanced Mt. Milligan gold- copper project, north of…
Integrated Resources busy on B.C. property
Edmonton-based Integrated Resources (ASE) has started an exploration program on the company’s properties near Telegraph Creek in northwestern British Columbia. Work completed last fall on the properti…
Toronto Stock Exchange Activity in B.C. keeps western companies
Stock market activity took on a decidedly western theme during the week ended April 3, as share prices of a number of Vancouver companies felt the effects of acquisition rumors and other events. It wa…
Pacific Talc sees big profits in the white mineral
A small British Columbia company expects to see some large profits from the mining and processing of talc from a property about 300 km north of Vancouver, near Boston Bar. Pacific Talc (VSE) recently …
Strike ends but tension still high at Highland Valley mine
A short-lived illegal work stoppage threatening operations at Highland Valley Copper near Logan Lake, B.C., appears to be over although the union and management have yet to resolve several contentious…
Cameco selling one-third interest in Rabbit Lake mine to Uranerz
Government-owned mining company Cameco says it has agreed to sell one-third of its 100% stake in the Rabbit Lake uranium mining operation to Uranerz Exploration for $160 million. Situated in northern …
Louvicourt takes back seat at Aur Res. annual meeting
A lawsuit overhanging the Louvicourt Twp. massive sulphide discovery took a backseat at a recent annual meeting in Toronto as President Jim Gill of Aur Resources (TSE) outlined the company’s plans for…
Agnico gets good results at Laronde
While a number of the newer gold mines in this country have been falling short of expectations, Agnico-Eagle’s (TSE) Donald J. Laronde mine in Quebec’s Bousquet area, now owned outright following the …
1,000 reopened claims prompt staking rush near Cobalt, Ont.
The rush is on as mining majors battle small-time prospectors for control of more than 1,000 reopened claims in the Cobalt area of northern Ontario. Since 7 a.m., April 3, official opening time, stake…