Imperial extends 114 zone at Sterling
The latest 13-hole drilling campaign by Vancouver-based junior Imperial Metals (III-T) on its 12.5-sq.-km Sterling gold property in southwestern Nevada has lengthened the 114 zone by 107 metres to abo…
Huckleberry Mine
Imperial suspends operations
The beleaguered Mount Polley mine in central British Columbia will close its doors in late September because of continuing low copper and gold prices.Imperial Metals (IPM-T) is suspending operations, …
British Columbia copper mines face tough times
Deteriorating copper prices have forced 60%-owner Imperial Metals (IPM-T) to negotiate the second financial restructuring package for the Huckleberry copper mine in less than a year.The open-pit mine,…
Quinsam, Hillsborough go belly-up
In a final attempt to restructure its debt, Quinsam Coal has filed for creditor protection and suspended operations at its coal mine near Campbell River, B.C. As a result, 120 unionized workers have b…
Careers (May 17, 1999)
Regional Exploration ManagerHudson Bay Exploration and Development Company Limited, the wholley owned exploration subsidiary of Hudson Bay Mining and Smelting Co., Limited is seeking a Regional Explor…
Imperial struggling in poor market
Suffering from poor commodity prices, Imperial Metals (IPM-T) posted a loss of $1.7 million (or 2 cents per share) for the third quarter, compared with a loss of $1.3 million (2 cents per share) a yea…
Careers (September 07, 1998)
Aur Resources Inc., is a Canadian-based, international company with two producing mines and four exploration offices in the Americas. Our Regional Exploration Office located in Flin Flon, Manitoba, is…
Imperial hopes to stave off closure of Mount Polley mine
Buckling under the strain of low metal prices, Imperial Metals (IMP-T) is seeking concessions from all stakeholders in order to improve the financial conditions of its two new mines in the central par…
Imperial, Sumitomo consider closing Mt. Polley
Low metal prices are forcing Imperial Metals (IMP-T) and Japanese partner Sumitomo to consider temporarily suspending operations at the Mt. Polley copper-gold mine at the end of July.Built for $115 mi…
Princeton plans merger with Imperial
L.Faced with a $2.7-million debt repayment and an empty till, Princeton Mining (PMC-T) has agreed to merge with Imperial Metals (IPM-T) by way of a plan of arrangement.Princeton’s main asset is a 60% …
Princeton postpones rollback, suffers loss
Poor market conditions have forced Princeton Mining (PMC-T) to postpone a planned 5-for-1 share rollback.The transaction had been approved previously, but, because of the battering many mining stocks …
Princeton pushing to bring Huckleberry to production
Despite a steady October drizzle that turns the ground to mud, crews are keeping up the pace of constructing a new, open-pit copper mine at the base of this Coast Range mountain.The steel girders are …