The recent merger with Dumagami Mines may have boosted Agnico-Eagle Mines’ (TSE) second quarter gold output but the Toronto-based company is still operating in the red. Agnico-Eagle reported a net los…
Keewatin Engineering was recently retained by Brush Creek Mining and Development (NASDAQ) to assist in evaluating a high-grade gold discovery made on a former producer in California’s famed Motherlode…
American Barrick Resources (TSE) recently filed a preliminary prospectus for a $122.5-million public offering designed to enable the Toronto company to pay down debt and finance exploration and develo…
Although gold slipped below US$400 per oz. after reaching US$406 earlier in the week, a number of Alberta issues benefited from a rally sparked by continuing tensions in the Middle East. During the we…
Twenty-one charges have been laid against Eldorado Mines by the Quebec government relating to arsenic-contaminated soil at an abandoned mine near the small community of Duparquet, Que. Ten of the 21 c…
Mining operations at the Blackdome gold-silver mine west of Clinton, B.C., will be terminated during the fourth quarter, MinVen Gold (TSE) reports. The mine, which entered production in April, 1986, h…
Employees at Noranda Minerals’ Geco division at Manitouwadge, Ont., recently voted 79% in favor of ratifying a new 2-year labor contract. Under the terms of the agreement, wages paid out by the Norand…
Looking at the monthly statistics for the over-the-counter exchange, it is painfully clear that junior mining stocks have taken a beating over the past year. While volumes have remained relatively ste…
In a private placement, Calgary- based Golden Briar Mines (ME) has issued one million shares from treasury to Flag Resources (ASE) as payment for $150,000 owed to Flag by Golden Briar. Golden Briar Pr…
Drilling has started on the Trophy Gold Project owned by Goldbelt Mines (VSE). The property is in the Galore Creek area, 100 miles northwest of Stewart, B.C., and is under option to Gigi Resources (VS…
The controlling shareholder of American Barrick Resources (TSE), Horsham (TSE), achieved record second-quarter earnings, thanks to the performance of its oil producing subsidiary. Horsham said net ear…
Joint venture partners Ascot Resources (VSE) and Beauchamps Exploration (VSE) say they have identified two anomalous zones of gold and base metals mineralization on their Kiniskan Lake property, 112 m…
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