A revised mine plan for the Windy Craggy project was recently submitted to the British Columbia government by Geddes Resources (TSE), a junior company which is proposing to develop a major copper mine…
Canamax Resources (TSE) has concluded a $39.5-million writedown of the company’s assets and investments in other exploration firms to be provided for its year- end accounts. The writedown resulted fro…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 119.00 116.30 118.30 +6.80 Feb 118.10 117.90 118.05 +6.05 Mar 117.80 114.90 116.85 SILVER (in US cents per oz…
Yorkton Securities has been retained by Fairbanks Gold (VSE) to complete a private placement of a minimum of 350,000 units at $5 per unit. The units will include one share and a share purchase warrant…
An agreement has been entered into between Platinova Resources (TSE) and Teck (TSE) whereby the latter may earn a 50% interest in Platinova’s East Greenland gold- platinum project. To earn its interes…
We are witnessing a downsizing of the middle class in this country because of uncontrolled government spending, uncaring government policies and unbearable tax grabs by all levels of government. There…
With its new mill at a standstill, the remote Colomac gold mine is now on borrowed time and may have to be shut down altogether when fuel supplies run out in March. Owner NorthWest Gold (AMEX), a 52% …
After completing over $2.5 million in expenditures on the Inel property, Avondale Resources (VSE) has elected to terminate its option agreement with Gulf International Minerals (VSE). Under the terms …
After lying inactive, Vangold Resources (VSE) is back in business with the completion of a private placement of 300,000 flow-through shares at a price of 50 cents per share. Non-transferable share pur…
Shareholders of Atlanta Gold (TSE) voted in favor of optioning the company’s Idaho properties to a unit of Newmont Mining (NYSE). Newmont can earn a 51% interest by making staged cash payments totalli…
Toronto-based Madeleine Mines (TSE) has applied to the Ontario government for permission to operate a 3,000-ton-per-day palladium- platinum mine on a 5,000-acre property at Lac des Iles, near Thunder …
A 25,000-ft. drilling program has been completed by equal partners Thunderwood Resources (TSE) and Greenstone Resources (TSE) on their Scott Lake polymetallic property, 12 miles west of Chibougamau, Q…
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