Toronto-based Glencairn Explorations (ASE) has suspended operations at the Raw Bean diamond mine in Brazil after being hit with a 60% increase in non-fuel production costs and 100% increase in oil and…
Ontario ranks first in terms of annual provincial mineral production value, accounting for about 37% of Canadian production, Ontario Mining Association statistics reveal. Some 90% of Ontario’s metals …
American Barrick Resources (TSE) is drilling what a company official has described as an “interesting new zone” on the Mattawasaga property, east of Barrick’s Holt-McDermott gold mine at Kirkland Lake…
This month marks the start of a 15-month exploration program at Casa Berardi Est gold mine in Quebec of Inco Gold and Golden Knight Resources. The program is designed to define the mine’s resources in…
A second-quarter writedown of its Sleeping Giant gold property near Amos, Que., left Aurizon Mines (TSE) in breach of a covenant in the agreement with its Swiss bondholders to maintain a minimum net w…
Rouyn Mining Resources (TSE) has joined forces with the Quebec Industrial Research Centre in an effort to improve the efficiency in mining methods of vein type deposits. The pair will build a movable …
The Town of Wawa owes its origin and history to the mining business, and even though mining and mining related activities are currently a declining contributor to the town’s economy, they still play a…
When Strathcona Minerals was attempting recently to prepare a valuation on Belmoral Mines’ (TSE) Val d’Or, Que., mill and two money losing gold mines, it took what seemed to be the only course open to…
A new minister for mines for Quebec has been named following a cabinet shuffle by Premier Robert Bourassa. Deputy premier Lise Bacon has assumed direct responsibility for the mines portfolio under her…
Already affiliated by way of common management, U.S. Precious Metals (TSE) and Centurion Gold (TSE) are planning to merge into a consolidated company with a greater asset base and exposure to opportun…
Mining exploration and development companies make up about 70% of listings on the Vancouver Stock Exchange. Despite this, the exchange’s important role in North American mining didn’t rate a mention i…
A 24.3-ft. intercept grading 1.19 oz. gold, 1.39 oz. silver and 0.87% zinc was returned from recent underground drilling at the Inel property in the Iskut River camp of northwestern British Columbia. …
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