Based on the results of a final feasibility study, Claude Resources (TSE) says it has decided to place its Seabee gold project in northern Saskatchewan into production. A 400-ton-per-day mill is plann…
Louis Wolfin, president of Vancouver-based Coral Gold (VSE), recently unloaded a significant amount of his direct and indirectly held Coral shares. But with slightly less than two million shares still…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) May 123.70 120.20 121.30 + 0.90 June 119.00 117.00 118.30 + 1.90 July 115.10 112.65 114.10 + 1.95 SILVER (in US c…
North America’s largest gold producer Newmont Gold (NYSE) had a record quarter with gold sales from its Australian and Carlin, Nev., mining operations of 395,700 oz. That represents a 46% increase on …
In a week when the Canadian government was offering a 11.5% return on Canada Savings Bonds, it was hardly surprising that equity investors were taking their profits and sheltering their money elsewher…
“It’s good to see Conwest Exploration (TSE) getting back in the mining business — and with a great mine, a real winner.” So said Graham Farquharson, president and founder of Nanisivik Mines, which op…
Encouraging assay results have been reported by Bachelor Lake Gold Mines (TSE) from several recently completed underground drill holes on the company’s Lensueur Twp. mine at Desmaraisville, Que. The d…
An innovative tool for use during “break-out” has been developed by Longyear Canada. The idea for the tool came from a driller at Longyear, and the tool was subsequently named after him. Dubbed the …
Vancouver-based Treminco Resources (TSE) appears to be making progress in its bid to become a successful small-mine operator in North America. Record monthly gold production was achieved recently at t…
First-quarter gold production for Placer Dome increased by 46% (TSE) to 337,000 oz., compared with 230,000 oz. in the comparable year-earlier period. New mines not in production a year ago added 120,0…
Gulf Canada Resources has taken the “for sale” sign off the U.S. and Canadian mineral assets of subsidiary Asamera Minerals (TSE). At Asamera’s recent annual meeting in Calgary, Chairman Chuck Shultz …
Hailed by some as the most exciting and innovative development in the drilling industry since the introduction of the wire-line core system, the multi- purpose drill rig system is expected to adapt we…
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