Despite higher gold production from six mines in the western U.S., Pegasus Gold’s (TSE) first-quarter earnings and revenues were down from last year’s levels. Pegasus Gold reported net income of $621,…
The gap between the valuation placed by Audrey Resources (TSE) and Asamera Minerals’ (TSE) parent Gulf Canada Resources on Asamera’s Canadian and U.S. mineral assets is apparently too wide. Audrey Pre…
Large North American gold producer Echo Bay Mines (TSE) has decided not to proceed with a plan to exchange its shares in the Muscocho group of companies for a direct interest in the group’s struggling…
A flow-through financing agreement with CMP 1990 Resources and Co. has put Freewest Resources (ME) in a position to fund its share of a 100,000-ft. drill program at its 40% owned Harker Holloway gold …
A copper project in New Mexico near the town of Silver City has caught the attention of Louisiana Mining. The junior has entered into a letter of intent with an individual to acquire a 51% interest in…
Partners Greenstone Resources (TSE) and Dragoon Resources (VSE) say they are getting indications that a large base metal deposit could exist within the boundaries of their jointly held McNeil property…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 1 Apr. 30 Apr. 27 Apr. 26 Apr. 25 Copper 1755-1760 1578-1579 1624.50…
The Mercur mine lawsuit involving American Barrick Resources (TSE) and Utah exploration company Gold Standard (NASDAQ) probably won’t be tried until later this year. Originally scheduled to begin Apri…
Anomalous surface assay results have been reported by Goldbank Ventures (ASE) from the Hayes gold showing on the company’s 100% owned Bon property on Vancouver Island, about 15 miles northwest of Nana…
It wasn’t the type of crowd Monte Hummel was used to addressing. Gamely, the president of the World Wildlife Fund stood before the annual convention of the Prospectors and Developers Association of Ca…
The following is an excerpt from the plenary session paper presented at the recent maintenance engineering conference held in Sudbury, Ont. The conference was sponsored by the Canadian Institute of Mi…
A Compact PLC Idec Canada is marketing a compact programmable “logic controller” (PLC) manufactured in Japan. The units, ideal for replacing relay and timer circuits, are being distributed in Canada b…
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