The mining exploration arm of the Quebec government, SOQUEM, recently made a number of property deals and financings with Quebec juniors. North of Schefferville, SOQUEM may earn (subject to the necess…
Audrey Resources (TSE) is taking steps to obtain the $40 million it needs to repay debt and finance development of the Mobrun polymetallic mine near Rouyn-Noranda, Que., over the next three years. Rec…
The rising price of Redstone Resources (TSE) shares recently gave President David Harquail, the chance to liquidate a portion of his holdings in the Toronto-based royalty company. According to Ontario…
Volumes were steady but trading turned downward during the week ended Oct. 8, with the market portfolio off by more than 25 points and the mining and minerals index down by 26.7 points. Daily volumes …
Results of a feasibility study on the Ivan copper project in northern Chile justify a positive production decision, says owner Minera Rayrock (TSE). If the initial cash cost is US$20 million and opera…
Assay results were released by Adrian Resources (VSE) for the first four holes drilled to test the SMC zone discovery on the Sky Creek property in the Iskut River region of northwestern British Columb…
Citing weak gold prices, Canamax Resources (TSE) says it will close its only operating gold mine. The Bell Creek mine and mill near Timmins, Ont., will be the third Canamax gold operation to close wit…
Assay results from a further two holes on the Fish Lake property, 75 miles southwest of Williams Lake, B.C., are confirming size and grade projections made earlier this year by part-owner, Taseko Mine…
At least 25% of Canadians live in rural, often remote, single-industry communities. The 115 communities dependent on the minerals and metals industry alone contributed 4.5% of Canada’s Gross Domestic …
An option to earn a 51% interest in the optioned interest of Vanderbilt Gold Corp. in the La Dura gold property in the Mulatos mining district of Sonora, Me., has been acquired by Greater Lenora Resou…
Drifting which began in July continues on the 770-, 970- and 1,360-ft. levels at the Sleeping Giant gold project north of Amos, Que., to test the continuity of mineralized areas 1,000 ft. north of the…
A new contract of work being negotiated with the Indonesian government would allow Freeport Indonesia, a subsidiary of Freeport-McMoRan Copper & Gold (NYSE) of Louisiana, to mine and explore a large a…
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