Hemlo Gold (TSE) is providing a further $2 million to close associate Central Crude (TSE), for a greatly expanded program at Crude’s Moss Lake project in the Shebandowan area, 70 miles west of Thunder…
If the planned acquisition of China First Capital wins regulatory approval, Black Hawk Mining (TSE) will gain control of the Union nickel-copper deposit in Maine. Black Hawk has agreed to purchase 1.3…
Week’s Price (US) Change Gold* $369.60 — $0.10 Silver* $5.02 + $0.02 Platinum* $486.60 + $10.35 Nickel** $3.86 — $0.18 Lead** $0.38 + $0.01 Copper- $1.21 — $0.10 Zinc– $0.79 — $0.05 Courtesy of S…
Curragh Resources has received loan guarantees and interest buydowns from the federal government needed before getting the necessary debt financing to bring the Westray coal mine near Stellarton, N.S….
A handful of junior gold mining stocks managed to shake their lethargy and post modest gains for the week ended May 15. Among the advancing issues was Storimin Explorations which holds a 50% stake in …
With gold prices still hunkered down well below the US$400 threshold, trading activity in Vancouver remained at modest levels with most of action generated by Murray Pezim’s Prime group of companies. …
Gold producer Cambior (TSE) has reached an agreement to purchase the 50% interest in the Chimo mine it does not own from Societe Miniere Louvem (TSE). Cambior will pay about $6.4 million for Louvem’s …
Repairing the damage caused by mining companies to the environment and developing the technology to ensure compliance with new environmental legislation will have a serious financial impact on the ind…
The Canadian diamond drilling industry has plunged into another economic downturn and things could get worse before they get better. Tim Bremner, general manager of Logan Drilling and outgoing preside…
Both companies recently appointed independent consultants to prepare a fairness opinion for the proposed merger, specifically to determine a share exchange ratio. The principal assets of the two compa…
Options Open Series Volume Last Interest May 370 C 65 1.50 218 Aug. 380 C 319 9.00 403 Aug. 390 C 144 5.50 689 Aug. 400 C 142 3.60 1,537 Aug. 410 C 433 1.80 687 Aug. 440 C 49 0.50 1,487 Nov. 390 C 61 …
Vancouver-based Akiko-Lori Gold Resources (VSE) has reached an agreement in principle with Gold Fields Canadian Mining to earn a 50% stake in two gold prospects situated south of Kirkland Lake in nort…
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