Red Lake Mines

Scrooge-like meanness grips TSE

EASTERN MARKETLast-minute selling before the Christmas holidays saw the Toronto Stock Exchange 300 index fall 58.17 points over the Dec. 19-20 report period. The benchmark finished the shortened week …


Goldcorp finds more Red Lake nuggets

Goldcorp (G-T) has turned up more jewelry-box grades at the Red Lake mine in northwestern Ontario.Deep hole 860DW cut 4.9 metres grading an impressive 474 grams gold per tonne. The exploratory hole wa…


Gold explorers jump back to life

Buyers managed to overtake sellers over the Dec. 12-18 report period to push the Toronto Stock Exchange 300 index up 54.84 points to 7,586.47.Gold surged ahead $5.65 in London markets to land at a mor…


Wolfden adds to Red Lake portfolio

Wolfden Resources (YWO-V) has added to its land position in the rejuvenated Red Lake mining district of northwestern Ontario by agreeing to take over the Skinner gold project.To acquire the 20.3-sq.-k…


Placer cuts Madsen updip

Drilling by Placer Dome (PDG-T) at Claude Resources (CRJ-T) has intersected four zones of gold mineralization at the historic Madsen mine in Ontario’s Red Lake camp.The effort was aimed at testing for…


Goldcorp earnings up on Red Lake production

Goldcorp (G-T) has announced improved third-quarter earnings on higher production and improved gold prices.For the three months ended Sept. 30, the company earned US$10.6 million (or 13 per fully dil…


Goldcorp extends Red Lake mineralization

Hot on the heals of its latest reserve update, Goldcorp (G-T) has announced the discovery of new mineralization at the Red Lake gold mine in northwestern Ontario.Reserves were recently upped by 25% to…


Goldcorp ups Red Lake

A better understanding of mineralization has led to a 25% increase in reserves at the Red Lake gold mine in northwestern Ontario.Goldcorp (G-T), which began commercial production at the year’s start, …


Claude, Corner Bay top picks in junior sector

The high-tech boom may be almost over on North American equity markets, but junior mining companies are still having a tough time getting noticed by investors. Even smaller brokerage firms that once f…


Goldcorp soars at Red Lake mine

With results continuing to exceed predictions, Goldcorp (G-T) has once again revised its production forecast for the Red Lake mine in northwestern Ontario.Production is now expected to top an impressi…


Summertime, and the gold bugs are biting

The onset of summer and the recent spike in gold prices are making some brokerage firms more optimistic that a U.S.-led economic recovery could lead to improved demand fundamentals for jewelry and, co…


Placer renews Madsen drilling (June 25, 2001)

Preliminary drilling by Placer Dome (PDG-T) has intersected a possible extension to the high-grade No. 8 zone at the historic Madsen mine, in northwestern Ontario.Four stratigraphic holes tested 975 m…


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