Virginia Mines Inc



Breakwater Struggles To Stay Afloat

Breakwater Resources (BWR-T, BWLRF-O) posted a net loss of $88.3 million or 20¢ per share in 2008 compared with net earnings of $23.4 million or 6¢ per share in 2007.







More than 30 mining companies have joined funds and forces with the Quebec government and the Inuit community to clean up hundreds of abandoned mineral exploration sites. Canadian Royalties chairman Glenn Mullan (pictured) says the scrap metal value of barrels, scattered in the area from years of exploration, should pay for the transportation to recycling stations.

Quebec Miners Clean Up Tainted Past

Kangiqsujuaq, Que. — At first glance, a sizable heap of old rusty barrels on the perimeter of Canadian Royalties’ (CZZ-T, CRYAF-O) Expo camp in Nunavik, Que., looks like a mini garbage dump.





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