Champion Resources (VSE) can earn half of Toronto-listed Tombstone Resources’ interest in the Minoro gold-copper project in Honduras.The project is currently an 80-20 joint venture between Tombstone a…
Larger individual positions included: Barrick Gold 6,246,906; Agnico-Eagle 121,543; Bema Gold 1,152,400; Caledonia M’g 274,300; Cambior 106,775; Campbell 1,046,900; CS Res. 1,011,100; Cons Ramrod Gold…
With 94% of the common shares of Conwest Exploration (TSE) tendered, oil and gas producer Alberta Energy (TSE) has completed its friendly takeover bid for the company.Conwest shareholders elected to r…
In 1949, while a student employee, I was engaged as part of a blasting crew at South Crofty, a famous tin mine halfway between Camborne and Redruth in Cornwall, England.It was late in the shift, and w…
A final feasibility study of the Tulsequah Chief property in northwestern British Columbia has confirmed results of a previous study.Redfern Resources (TSE) plans to develop a 2,700-ton-per-day mining…
Over the past two years, the price of gold has hovered narrowly between US$375 to US$395 per oz. And yet investors remain keenly interested in senior Canadian gold-producing companies, some of which h…
The Guyanese government’s Commission of Enquiry into last summer’s effluent spill at the Omai gold mine has called for several modifications to the tailings dam. It has also recommended a regular prog…
A planned reorganization would see Ayrex Resources (ASE) acquire exploration interests in Newfoundland and Labrador, and trade its present oil and mining interests for shares in parent Tandem Resource…
Alberta-listed Armada Gold has purchased an additional 85% interest in Balgold through the exercise of options. Balgold is the Russian joint stock company created by Armada and its Russian partners.As…
Having raised $500,000 through a private placement of 1 million shares, Altavista Mines (ME) is ready to begin drilling its Santa Anna gold property in northwestern Quebec.A 50-hole program of definit…
Encouraging gold and silver values are contained in initial drill results from the Yurani project in Colombia.Procoloro Resources (ME) reports that seven holes have been drilled, and that assay result…
The thickest massive sulphide intersection yet encountered at the Eastern Deeps area of the Voisey’s Bay nickel-copper-cobalt deposit in Labrador has prompted Diamond Fields Resources (TSE) to project…
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