Alberta Stock Exchange Record trading
A record breaking seven-month period, has witnessed volumes of 424,819,000 shares changing hands, the Alberta Stock Exchange has reported. That compares a record 369,367,000 shares during the same per…
News
$4m program is planned
Encouraged by the sharp upturn in silver prices from last year’s average year low of $5.47(US) per ounce, Silver Century Explorations is gearing for a major $4 million underground exploration program …
Metal Markets Production moves in line with demand
Higher metals and other commodity prices will produce a major turnaround in corporate profits in key resource sectors, benefiting nicely the Canadian economy, Scotiabank reports in a commodity market …
Centurion awaits results of San Juan placer study
Centurion Minerals is confident that a final feasibility study at its San Juan placer project 70 miles northeast of Sacramento, Calif. will recommend both increased production and an extended mine lif…
Messeguay joins in search for Cape Smith platinum
A third partner has joined the Delta platinum project in northern Quebec. Messeguay Mines has signed an agreement with Oasis Resources and Falconbridge Ltd. that allows it to acquire a 15% interest in…
THE EDITORIAL PAGE Tax reform no friend to entrepreneurs
The reality of Finance Minister Michael Wilson’s long-vaunted proposed overhaul of the whole federal tax system, with its promise of simplicity, fairness and “revenue neutral” is starting to hit home….
Troymin begins field operations at La Ronge bets
Field operations are under way on two properties in Saskatchewan’s La Ronge gold belt where Troymin Resources is earning a 50% interest from Saskatchewan Mining and Development Corp., Troymin reports….
Ramp started at Moss Twp.
Work has begun on a ramp at the Moss Twp. gold property in northwestern Ontario being explored by Storimin Exploration and Tandem Resources. The ramp will give access to planned exploration drifts at …
Inco exposure to gold increased with new firm
In an effort to increase its exposure to gold, Inco Ltd. is spinning off its gold assets into a new vehicle known as Inco Gold. The company, which will initially remain 100%- controlled by Inco, forec…
East West launches exploration program
An exploration program has started on the Ennadai gold project of East West Resource Corp. in northeastern Saskatchewan, the company says. It says the program will include additional geophysical and g…
Teck prepares to select site for decline collar on Estrades
Site investigation work, designed to help engineers choose an appropriate site for either a decline or a shaft has begun on the Estrades gold-zinc-copper-silver property in the Casa Berardi area of Qu…
Northgate back in red
A public offering of 4.6 million shares in the United States is expected to add some cash to a Northgate Exploration balance sheet recently ravaged by a strike at the company’s Chibougamau operations….