Rio Tinto (rio-n, rio-l) wants more coal: the major has offered A$3.9 billion for Riversdale Mining (riv-a), an Australian coal company with one mine in operation, one in construction, and one primed for development. Speculation of a takeover…
An agreement has been reached between Alberta-listed Troymin Resources and Tricentrol Oils, both of Calgary, to purchase an approximate 9.5% working interest in a gold deposit in the Chibougamau area …
Wednesday close, August 27 Prices on Vancouver have firmed somewhat which is not surprising given the fact gold has managed to hold onto some of its recent gains. The Vancouver market is heavily biase…
Like many people, I purchased the shares of Terramar Resources after the terrific gold find in California. Your paper reported the very high assays and I would like to know the present standing of thi…
Madeleine Mines now has three diamond drills at work on its optioned Lac des Iles platinum-paladium project, and is looking for three more. Located 40 miles north of Thunder Bay in northwestern Ontari…
Financing arrangements designed to raise in excess of $5 million have been put in place, reports Westfield Minerals’ President Patrick J. Hughes. The financing includes a private placement of two mill…
Canadian Nickel Co. (Canico), the exploration arm of Inco Ltd. has started a 55,000-ft diamond drill program on the Douay Twp. property of Vior Inc., in Quebec’s Casa Berardi area. Vior holds the prop…
Cigar Lake, the world’s richest uranium deposit, well is on its way to becoming the world’s largest and richest uranium mine, after the announcement that a $50-million underground exploration and test…
Syngold Exploration has completed the sale of 1.1 million common shares at a price of 80 cents per share and of $2.5 million of deposit receipts. Purchasers of the deposit receipts will earn one comm…
With new financing in hand to the tune of a minimum $4.5 million, Consolidated Professor Mines plans an accelerated exploration and development program at its Duport gold property at Shoal Lake, near …
If current negotiations are successful, Royex Gold Mining Corp. and International Corona will be appointed the operators of the Jolu property in the La Ronge gold belt of northern Saskatchewan. The ne…
For the second quarter ended June 30, Malartic Hygrade Gold Mines earned net income of $484,125 or 14 cents per share compared to $349,156 or 10 cents per share during the same period last year. For …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.