Placer increases grass roots activity
Designed to increase its exposure to grass roots exploration, Placer Dome is participating in the formation of a new public company called QPX Minerals . According to Lawrie C Reinertson, senior vic…
Designed to increase its exposure to grass roots exploration, Placer Dome is participating in the formation of a new public company called QPX Minerals . According to Lawrie C Reinertson, senior vic…
As the contents of the Canada/ U.S. Free Trade agreement continue to unfold, it’s clear that greater cross-border access will be offered to Canadian mineral producers. But the agreement may also provi…
In a bid to become a Canadian gold producer within 12 months, Nuinsco Resources has dealt some of its base metal properties to Seadrift International in exchange for a larger slice of the Cameron Lake…
Yellowjack Resources has optioned the Lucky Boy property from Cominco Ltd. Located two km south of the H.B. mine near Salmo, B.C., the property covers showings of lead-zinc mineralization similar to t…
As the operator at one of Canada’s less successful copper mines, Hudson Bay Mining and Smelting, doesn’t like to be overly optimistic about the prospects for its latest acquisition. But with copper pr…
The new mining arm of Asamera Inc., Asamera Minerals reports net profits from the start of operations on July 1 to Sept 30, of $1.1 million(US) on revenues of $6 million. Pro-forma results (which assu…
There are an estimated 11,000 hectares of mine tailings in Canada, many leaking acidic water into the environment. The industry spends millions monitoring this very serious environmental problem and t…
Several new issues on the coats lists appear to be bucking the current downtrend. Strike Minerals, which was underwritten at 30 cents last month, was trading on good volume at 60 cents – 70 cents tod…
The Magnacon gold project near Wawa in northeastern Ontario continues to surprise, the vice- president of Flanagan McAdam Resources said at the company’s annual meeting. J. T. Flanagan, who is also pr…
British Columbia’s asbestos producer, Cassiar Mining Corp., has decided to proceed with a $38.8-million development of its McDame deposit located near Cassiar, but is seeking government help to financ…
An Australian placer gold mining concern, Sandhurst Mining has closed earlier plans to acquire approximately 20% each in two Vancouver-based companies, Queenstake Resources and Canadian United Mineral…
A reverse circulation drill program completed by Eureka Resources has confirmed the extension of the Jay zone over a strike length of 750 m. The property is located near Williams Lake, B.C. Over the s…
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