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Photo by James WhyteA view of Inmet Mining's Troilus open-pit gold mine near Chibougamau, Que.

Aur, Inmet reach merger deal (May 17, 2004)

A merger-of-equals deal struck at the beginning of May will see Aur Resources (AUR-T) and Inmet Mining (IMN-T) join to form a single company with significant assets in the copper mining business.


Consultant David Fortin (left) and Virginia Gold Mines' senior geologist, Michel Chapdelaine, at the Dom polymetallic showing during an exploration program in northern Quebec last fall.

Virginia makes VMS find in Quebec

Long a favourite among newsletter writers and retail-oriented mining analysts, Virginia Gold Mines (VIA-T) has been rewarded with several promising discoveries following aggressive exploration work in northern Quebec.



Auspicious start for Highland

The first full financial year for London-listed Highland Gold (HGM-L) ended profitably, with the gold-producer posting a US$18-million profit on revenue of US$71.5 million.


Flow-through shares: a history

The recent success of so-called “flow-through” shares may make them seem like a new idea in Canada but this financing device found its way into the business lexicon here roughly 50 years ago with company-to-company “flow-through” shares. It took a…


OntZinc drills Balmat

The first hole drilled by OntZinc (OTZ-V) on the Northeast Fowler trend in upstate New York has cut a 2.8-metre interval averaging 19.5% zinc and 6.2% lead beginning at a depth of 412 metres.




Defiance cuts high grade at depth

Reverse-circulation drilling has cut some high-grade intersections beneath the Piment Central deposit on Defiance Mining‘s (DM-T) Tasiast gold project in Mauritania.


Quadra secures contract miner

Vancouver — An agreement with the Washington Group has allowed Quadra Mining (QUA-T) to secure contract-mining services and equipment for its wholly owned Robinson copper mine project, near Ely, Nev.


Copper Ridge drills Quitovac

Vancouver — A 1,200-metre drill program is testing the Quitovac gold project in Mexico’s Sonora state. The project is held jointly by CastleRock Resources (CRI-V) and Copper Ridge Explorations (KRX-V).


New zone at Essakan

Results continue to expand the resource at the Essakan gold property in Burkina Faso, West Africa. Orezone Resources (OZN-T) is the operator, while Gold Fields (GFI-N) is earning a half-interest in the 1,450-s…


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