Benefiting from an overhaul, Homestake Mining (HM-N) reported earnings of US$1.4 million (or 1 cents per share) for the fourth quarter of 1998, compared with a loss of US$58.4 million (28 cents per sh…
Junior Valerie Gold Resources (VLG-V) is about to begin diamond drilling at its 16,866-ha Estrella property in the western Mexican state of Nayarit.The 2,500-metre program will test the grade, depth p…
Another round of drilling by Battle Mountain Gold (BMG-N) will test Murgor Resources’ (MUG-M) Mishi Creek gold property in the Mishibishu area of northwestern Ontario.The 1999 program, scheduled to be…
The terms of a proposed merger between Repadre Capital (RPD-T) and Golden Knight Resources (GKR-T) are fair to the minority shareholders of Golden Knight, according to study by investment banking firm…
Scintilore Explorations (SLP-T), best known for a longstanding lawsuit against two prospectors who staked the Hemlo gold discoveries, has staked some ground of its own, in New Brunswick.The Toronto-ba…
The building slowdown in Asia has hindered the bottom line of Mazarin Mining (MAZ-T). The diversified minerals producer holds an indirect stake in LAB Chyrsotile, which sells 65% of its Quebec asbesto…
The George Lake gold project, near Bathurst Inlet, N.W.T., has caught the eye of Wheaton River Minerals (WRM-T).The Toronto-based junior recently bought another 5.4 million shares in project-owner Kit…
Monopros, the Canadian subsidiary of De Beers Consolidated Mines (DBRS-Q), has pulled out of a joint venture with Troymin Resources (TYR-A) following an unsuccessful drill program in the Buffalo Hills…
A 50% increase in copper production and an 18% reduction in cash costs helped Rio Algom (ROM-T) stay in the black last year despite a 29% drop in the average price of the red metal.The major reported …
Mountain Lake Resources (MOA-V) has approved plans for alluvial mining at its Klipgat 18 concession in South Africa.Exploration at the property, situated on the Mooi River in Transvaal province, outli…
Toronto-based SouthernEra Resources (SUF-T) is continuing its search for the source of diamond-bearing boulders found near the shore of Munn Lake at the Back Lake project in the Northwest Territories….
Namibia’s first family was on hand at the christening of the MV Kovambo, a mining ship owned by Namibian Minerals (NMR-T) and named after the country’s first lady.More than 200 people attended the cer…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.