News

The high cost of milling the remaining ore from the Scadding property near Sudbury, Ont., has resulted in a net loss for Orofino Resources (TSE) in the nine months ended June 30. Orofino reported a lo…

Over my many years associated with this paper, one gets to attend quite a few mining functions — official openings, receptions, dinners, show-and- tell gatherings and fish derbies. By and large these…

Drilling on the Ski project situated directly north of the rich Eskay Creek deposit in the Stikine Arch area of northwestern British Columbia is returning mixed results. The drilling is part of an ong…

The average grade of gold ore mined in South African mines has dropped steadily for the past 20 years to a low of 0.14 oz. gold per ton, down more than half from the average of 0.38 oz. gold per ton i…

MVP BGR Central Capital Net value $10.84 $5.74 $0.31 Price $9.25 $5.500 $0.20 Discount 14.67% 4.2% 35.5% Value $64,547,056 $92,533,650 N/A…

Paul Zeimer appointed assistant secretary of energy for environment, safety and health.

Jess Cline appointed vice-president of administration and Paul Daggett appointed to vice-president and controller.

Andrew Flett appointed president succeeding Leo Halliday. Billiton holds significant interest in Les Mines Selbaie in Quebec and is the operator of the Blende zinc exploration project.

John Wolff appointed chairman.

After an extended downward spiral, both Vancouver Stock Exchange Indices staged rebounds over the week ended Sept. 4: the Resource Index up about five points to the 740 level, and the Composite Index …

A recent staking rush northeast of Sudbury, Ont., has management at Flag Resources smiling. The junior, with property in the area, is reported to be considering a proposal from Falconbridge Ltd. for a…

In 1776, the historian Gibbon observed that the command of iron gives a nation the command of gold. Much the same might be said of coal to which the story of iron is so inextricably tied. By 1761, the…