NEWS ROUNDUP — Amax drops Almaden despite study
Despite a positive feasibility study on the Almaden gold deposit in western Idaho, Amax Gold (NYSE) has decided not to participate in its development. The company had the option of earning a 65% inter…
Despite a positive feasibility study on the Almaden gold deposit in western Idaho, Amax Gold (NYSE) has decided not to participate in its development. The company had the option of earning a 65% inter…
The Prospectors and Developers Association of Canada recently recognized Hudson Bay Mining and Smelting for its environmental initiatives. The company mines and process metals — primarily copper, zin…
Alberta-listed Rhand Industries has an option to acquire Lone Mountain Mining, a privately owned US company. As consideration, Rhand has issued 50,000 common shares and will spend $US250,000 on explor…
My brother-in-law recently gave me a tour of Timmins, Ont., to show me the new shopping malls, residential districts, the multi-million dollar hospital, new parks, and so on. It was most impressive so…
Last week’s agreement between the U.S. and Russia over uranium imports into the U.S. is a slap in the face to Canadian producers. It is also a violation of the Canada-U.S. Free Trade Agreement (FTA). …
Recent letters by Siegfried Muessig and Patrick Burns published in The Northern Miner have challenged my role in the discovery of the Escondida orebody in Chile. Theirs are remarkable assertions, give…
Vancouver-listed Charlim Explorations has discovered two gold zones on the Bourlamaque Twp. property of Wrightbar Mines (ME). Charlim is earning a half interest in the gold property by paying Wrightba…
Producer Hemlo Gold Mines (TSE) has started drilling on the Sagar-III property in the Labrador Trough region of northeastern Quebec. The company hopes to identify the source of gold- and uranium-rich …
The chief executive officer of Deak Resources, Alex Perron, received a gift from Nova Scotia at the recent PDAC convention in Toronto. The gift is a hand-painted 18-inch china plate edged with 24-cara…
Recent drilling has left San Fernando Mining (VSE) confident that it can prove up a significant gold-silver-copper deposit on its La Fortuna mine project in Mexico. The road-accessible property is in …
An agreement with Metall Mining (TSE) provides Norman Keevil and his family with a strategy to prevent voting shares of Teck (TSE), of which he is president, from being acquired by any unfriendly shar…
Toronto-listed partners Aurizon Mines and Louvem Mines have almost doubled the diluted geological reserves at their Beaufor project near Val d’Or, Que. The figure has increased to 626,700 tonnes avera…
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