The recent increase in the gold price has prompted Cambior (TSE) and Camindex Resources to reopen their Valdez Creek placer mine in Alaska. Cambior says that based on the recent strength in the gold p…
Vancouver-based Trimin Resources (TSE) has agreed to sell its 32.9% stake in the Hanson Lake polymetallic deposit to Shell Group affiliate Billiton Resources Canada Inc. for $17.5 million cash. Situat…
The Persian Gulf crisis continued to take its toll on the stock market during the week ended Aug. 21, as nervous investors struggled to protect themselves from unfolding developments. Today, Aug. 22, …
Joint venture partners Colchis Resources (VSE) and Pine Channel Gold (VSE) are completing preparations for a 6,500-ft. drilling program on their single claim in the La Ronge Belt of Saskatchewan. The …
Net income for the second quarter ended June 30, for USMX (NASDAQ) was reported as US$176,000 or 1.3 cents per share on revenues of US$1.9 million. This compares to net earnings of US$609,000 or 4.4 c…
The high cost of reorganizing its corporate structure and bringing the Colomac gold project into production was reflected recently in Northgate Exploration’s second- quarter results. The Toronto-based…
Sancta Barbara is a personal statement of one man’s dedication to his profession, its history and spiritual dimension. A labor of love, it is author Jean-Paul Drolet’s “song of praise to ask the saint…
There is little doubt that Noranda Exploration has touched on something big at the Lynne project in Wisconsin. As the results from some of the most recent holes confirm, Noranda’s zinc discovery is no…
DICKENSON MINES Rolando Francisco appointed senior vice- president and chief financial officer.
A large gold- silver-copper mineralized system and several new gold showings were recently discovered by Avondale Resources (VSE) on its Forrest Kerr project north of Stewart, B.C. The discovery of th…
If Middle East tensions escalate to the point where gun fire is exchanged, investors who have been selling their gold assets to take advantage of recent price increases could move back into the market…
Since when is Matachewan near Timmins, Ont., in relation to mining concerns? It is within the Larder Lake mining division, and the Ministry of Northern Development & Mines Office overseeing the distri…
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