Encouraging results from early stage exploration work have prompted Queenstake Resources (TSE) to expand a first- phase geological and geochemical program to better define drill targets on its recentl…
Assay results from four recent drill holes on the past-producing Poirier base metal property near Joutel, Que., have been released by Bonanza Metals (ASE). The best result is 28 ft. grading 6.66% zinc…
Murray Pezim and several directors of his flagship company, Prime Resources Group (VSE), will have until early July to prepare for a hearing before the British Columbia Securities Commission. Pezim, J…
An in-house after-tax cash flow assessment by Fleck Resources (VSE) on the company’s Dunka Road deposit in Minnesota estimates a return of 15.9% on invested capital. The Dunka Road deposit was acquire…
Investors shied away from the market during the holiday-shortened week ended April 17; daily trading volumes ranged between a puny 3.1 million and 5.2 million shares. Key indicators showed a negative …
Two assaying companies, Barringer Laboratories and Accurassay Laboratories, have merged their services to create one continent-wide organization. Barringer has several labs in mining centres across No…
Management and union workers at the David Bell Mine at Hemlo, Ont., have signed a 3-year contract agreement that will increase wages by about 22%. The agreement, approved by 80% of local 9165 of the U…
An option to earn a 70% interest in the 74,000- acre Tikiraq property owned by Aber Resources (TSE) was recently granted to Echo Bay Mines (TSE). The property, 320 miles northwest of Yellowknife, N.W….
The recent annual meeting of Gibraltar Mines (TSE) revealed a pleasant surprise for shareholders anticipating a reduction in throughput at the company’s copper mining operation near Williams Lake, B.C…
Questions about what went wrong at the Magino and Magnacon gold mines in northern Ontario took centre stage at the annual meetings of Flanagan McAdam Resources (TSE), McNellen Resources (TSE) and Musc…
A transaction announced previously whereby Avalon Corp. would have acquired the industrial mineral assets of Corona (TSE) has been terminated. Corona is the major shareholder of oil and gas producer A…
Total volume for the week was 1,015 contracts; total open interest at the close was 30,559 contracts.
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