Bre-X Minerals, the junior mining company whose fabulous Busang gold deposit turned out to be a fraudulent sample factory, is at last where it belongs — in the hands of a bankruptcy trustee. Its liab…
Diavik Diamond Mines, a division of Rio Tinto (RTP-N), and its parter, Aber Resources (ABZ-T), have begun a final feasibility study on four diamond-bearing kimberlite pipes at the Diavik diamond proje…
A geochemical sampling program on the Aquilon gold property in the James Bay area of Quebec has returned positive results for Sirios Resources (SOI-M).Sirios has discovered several showings assaying b…
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateNov. 18Nov. 17Nov. 14Nov. 13N…
John Hick, Colin Dobell and Owen Owens elected directors.
Michael Magrum elected director.
To finance drilling at its Remac zinc project in southern British Columbia, Redhawk Resources (RDK-V) has arranged a $500,000 private placement of 400,000 flow-through shares and 100,000 non-flow-thro…
A federal-provincial panel has given its conditional approval to both the Cigar Lake and Midwest uranium projects in the Athabasca basin of northern Saskatchewan.The Cigar Lake project is operated by …
In 1989, I was working as an exploration geologist in Canada but accepted an offer from an Italian mining company to spend a year in Zambia reviewing gold exploration licences. I had never been to a d…
The Vancouver Stock Exchange composite index stumbled again over the report period ended Nov. 18, dropping 57.24 points, or 7.6%, to close at 694.22. The mining index wasn’t any better off as it slid …
Gold mining at Mineral Ridge in Nevada, which got under way less than a year ago, has been temporarily halted by owner Cornucopia Resources (CNP-T).Cornucopia says it is closing the mine for three mon…
A 9-month loss for Goldcorp (G-T) has not dampened the company’s enthusiasm for expansion at its Red Lake operation in northwestern Ontario.Goldcorp’s losses for the nine months ended Sept. 30 were US…
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