Profit earned by Inco Ltd. (TSE) for the first quarter of this year is the largest such profit in the company’s history. Bolstered by the strongest nickel prices in the history of the industry, the co…
Calgary-based Tusk Minerals (ASE) has acquired an option to earn a 50% interest in a former producer called the Anglo-Rouyn and adjacent ground, the company said recently. Located about 35 km northeas…
The takeover battle for North American Metals appears to be over with U.S. gold producer Homestake Mining emerging as the victor. By midnight April 15, shareholders had tendered approximately 5.4 mill…
When the Royex Mining group of companies announced its plan to amalgamate and form what could be Canada’s third largest gold producer, the story gained quite an audience but no one expected the show w…
One of the most promising exploration plays in the Kirkland Lake, Ont., gold camp will undergo a major underground exploration program this spring. Following a series of discussions on a joint venture…
A private Toronto-based company that went public last August when it raised $480,000, Goldplex Development Corp. (ASE) is currently concentrating its exploration activities on the Courageous Lake gold…
Continental Gold Corp (VSE) has acquired a 100% interest in the Trophy gold property located 70 miles southwest of Dease Lake, B.C. The property covers 60 square miles of ground which was prospected l…
Four new reports on asbestos have been released by the U.S Environmental Protection Agency (EPA), which two years ago proposed a ban on the mining and use of asbestos, which it cites as offering a hea…
Stope development at Skyline Explorations’ Johnny Mountain property in the Iskut River area north of Stewart, B.C., has encountered some very high grade gold values in the Discovery vein. Chip sampli…
The Geomechanics Research Centre at Laurentian University in Sudbury is intended as a cornerstone of a centre of excellence in mining in Ontario, says Dr Peter Kaiser in a report made to the universit…
The future for Canadian uranium lies in the continued growth of nuclear-powered capacity and continued access to the U.S. market, according to the president of Rio Algom (TSE) of Toronto. R. W. Ballme…
It almost seemed too easy and there wasn’t even a White Knight around to come to the rescue. Delaware Resource Corp. (VSE) has, as expected, fallen prey to Prime Capital affiliate, Colossus Resources …
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