Teck completes private placement
A private placement agreement between Teck (TSE) and Prime Equities (VSE) was recently completed with the sale of four million Prime shares at a price of $1.25 per share. Along with the private place…
A private placement agreement between Teck (TSE) and Prime Equities (VSE) was recently completed with the sale of four million Prime shares at a price of $1.25 per share. Along with the private place…
The Mattabi mill and Lyon Lake underground mine, part of the Sturgeon Lake mining camp of northwestern Ontario, will close on May 22, reports Noranda Minerals, a unit of Noranda (TSE). About 25 of th…
Like most governments, Quebec has been facing a budget deficit problem for several years. Consequently, it hesitates to give real money to its Environment Department, even if pressure groups and the…
While stalled interest rates kept share prices on an even keel during the week ended May 14, Billiton Minerals was being widely tipped to take over Quebec polymetallic miner Audrey Resources. Audrey P…
Partners Chutine Resources (TSE) and American Barrick Resources (TSE) have begun drilling on a Mexican gold property that adjoins a heap leach gold producer operated by Phelps Dodge (NYSE) and affilia…
“Go north, young man, go north.” But not in Ontario. There’s nothing wrong with the geological environment in that once-prosperous province, but governments are changing the fiscal and operating envir…
Persistence appears to have paid off for Taseko Mines (VSE), a Vancouver-based junior that has been battling base metal giant Cominco (TSE) for the past six years to regain control of its Fish Lake co…
A block of claims in the historic Greenwood mining camp of southern British Columbia is about to be acquired by Tropicana Developments (VSE). The company is negotiating to acquire claims near the old …
A $100-million Green Plan initiative designed to protect the Canadian Arctic’s fragile environment and preserve the health of northern people has been announced by the federal government. The Arctic …
Gold funds as of May 7 BGR Central Net Value $8.67 $4.99 Price $7.50 $4.550 Discount 13.49% 8.8% Value $51,622,490 $76,55…
Thunderwood Resources (TSE) and partner Greenstone Resources (TSE) continue to intersect copper-zinc-rich sulphide mineralization while completing a 25,000-ft. drill program at their equally owned Sco…
The Goldstream mine should be ready for commissioning by mid-May, according to 50% owner and operator, Bethlehem Resources (TSE). Bethlehem President Henry Ewanchuk said he expected the startup to be …
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