The financial fortunes of British Columbia’s coal producers moved from bad to worse in 1991, with losses before extraordinary items topping $62 million. This compares with a loss of $4.1 million befor…
Toronto-based Madeleine Mines (TSE) is experimenting with a hydrometallurgical process designed to recover palladium-platinum, gold and base metals from its Lac des Iles property near Thunder Bay, Ont…
A 3-month prison term has been handed to Ronald Gilson for authorizing, permitting or acquiescing in the issuance of a misleading press release by junior Silver Bar Mines. Gilson, president of the com…
A recently signed letter of intent gives Victoria Resources (VSE) the right to earn a 100% interest in the West Hills copper-oxide property in Cochise Cty., Ariz. Victoria can earn the interest by pay…
Calgary-based Flag Resources (ASE) is drilling a second deep hole in Mackelcan Twp. near Sudbury, Ont., as part of a program to probe the source of the Wanapitei geophysical anomaly. Now at a depth of…
Having earned a 49% interest in the Brewery Creek project near Dawson, Yukon, Loki Gold (VSE) is requesting the operator Hemlo Gold Mines (TSE) to present a program contemplating the preparation of a …
British mining conglomerate Rio Tinto Zinc, through subsidiary RTZ Canada, recently completed a secondary offering of 22.5 million common shares of Toronto-based Rio Algom (TSE), priced at $16.10 per …
Highland Valley copper was the top award winner during British Columbia’s 16th annual mine reclamation symposium and awards ceremony held recently in Smithers, B.C. Cominco Ltd. was awarded a metal mi…
Regrettably, we came to the conclusion the policy is only window dressing. There is no commitment on the part of the (federal) government to development of the mining industry. The mining industry onl…
Energy, Mines and Resources Canada (EMR) will relocate its Sudbury Laboratory from the Laurentian University campus to an industrial park, says Minister Jake Epp. Its 325-square-metre new home, 3.5 ti…
Industrial minerals are the wallflowers of the mining industry. While gold, diamonds, copper and even zinc easily attract investor attention, it’s not easy to drum up interest — let alone excitement …
Shareholders of Osborne and Chappel Goldfields (TSE) have approved the issuance of a US$1-million debenture to Zebrex Holdings, the largest shareholder of Osborne and Chappel (OCG). Zebrex increased i…
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