Ending a long-standing legal dispute, River Gold Mines (RIV-T) has agreed to buy Vencan Gold’s (VCG-M) Edwards mine, near Wawa, Ont., for $1.5 million plus a 3% net smelter return on gold produced aft…
At first glance, it seems an unlikely partnership. Yet the weathered, laconic geologist with several major discoveries under his belt and the down-to-earth, female stockbroker with a keen eye for oppo…
David Anderson’s newly unveiled strategy to save endangered species has been given a warm welcome by some powerful supporters, including one of Canada’s national newspapers, which wasted no time prais…
Gold sales by central banks were back in the news this past year. The Dutch central bank announced plans to sell 300 tons, thus reducing its total holdings to 752 tons. Britain has greatly reduced its…
With a site selection permit in hand, Eldorado Gold (ELD-T) is ready to begin environmental baseline studies at its Kisladag project in western Turkey.The permit, issued by the province of Usak, defin…
Vol(000s)HighLowCloseChangePlacer DomeT 21551 16.71 15.10 15.85 + 0.75…
Vancouver-based Orvana Minerals (ORV-T) has retained an engineering firm to update a May 1999 feasibility study for the Don Mario gold-copper deposit in Bolivia.The study, by Australia’s Minproc, will…
Better small than nothing at allIn exchange for shares, creditors of Royal Oak Mines have agreed to restructure, rename and seek a new public listing for the defunct company. Only non-voting shares of…
Strong showings of polymetallic mineralization have prompted London-based Billiton to ink a deal with Altius Minerals (ALS-V) on that company’s Taylor Brook property in western Newfoundland.Billiton w…
The newly formed Iron Ore Company of Canada vows to raise $160 million to develop the infrastructure needed to mine the vast ore fields of northern Quebec and Labrador. As part of the deal between the…
Mining companies at the Porcupine gold camp in Ontario are gaining the upper hand on production rates, which dwindled during the war. New discoveries at operating mines, the return of the workforce fr…
In the early 1990s, he devoted his energies to stopping development of diamond deposits in Canada’s Northwest Territories, thankfully without success. Now John Turner has warned the world that Canada …
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