Just two short weeks after Royal Oak Mines (TSE) launched an aggressive takeover bid for Lac Minerals (TSE), a second suitor — gold giant American Barrick Resources (TSE) — has made an offer for the…
Results from underground development on the Iron Colt gold-silver project near this historic camp are surpassing the expectations of joint-venture partners International Silver Ridge Resources (VSE) a…
Having scoured Latin America and Southeast Asia, American Barrick (TSE) has taken its first major step outside North America by buying a piece of a Peruvian project. The company has committed US$20 mi…
Several shutdown copper mines in British Columbia will re-enter production this year, largely because their economics have been improved by higher copper prices and a weaker Canadian dollar. The reope…
By late August, results are expected from a preliminary feasibility study of the Amayapampa and Capa Circa gold properties in Bolivia. Da Capo Resources (VSE) retained Kilborn Engineering to calculate…
The week has been full of surprises in the bidding war over Lac Minerals. Just as the precocious upstart, Royal Oak Mines, which originally put the Lac ball into play, seemed to be winning over frustr…
As a first step toward restructuring, Denison Mines has reached an agreement with the federal and Ontario governments, corporate lenders, the Canadian Mortgage and Housing Corp. (CMHC) and the Ontario…
Tribal conflict in Rwanda is not affecting the pace of work on the Kabanga and Kagera projects in neighboring Tanzania, reports Sutton Resources (TSE). Partner BHP Minerals is carrying out a US$4-mill…
Three holes, drilled on 100-metre centers, have been completed on Canmine Resources’ (ASE) Fer base metal property in northern Manitoba. A fourth, 100-metre stepout hole is under way. The three holes …
Toronto-listed High River Gold Mines is selling 4.2 million special warrants at $2.40 each to raise $10 million. The underwriters have an option to acquire another 840,000 special warrants at the same…
Echo Bay Mines (TSE) will finance exploration of an extensively mineralized district in Bolivia where several gold occurrences were recently identified. The major can earn a 51% interest in the Altipl…
Late on a December evening in 1946, while I was deeply involved in study in the basement of our house, I received a phone call from H.L. Batten, managing director of Canadian Exploration Ltd. Batten a…
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