1998

Holloway below expectations

The current slump in gold prices is taking its toll on Teddy Bear Valley Mines (TBY-T), the 15.35% owner of the Holloway gold mine in northeastern Ontario.Operated by Battle Mountain Canada (BMC-T), w…



Drilling continues at Vueltas del Rio

Infill drilling at one of the two main zones of the Vueltas del Rio gold project in northwestern Honduras continues to intersect impressive mineralization for property owner Geomaque Explorations (GEO…


Two miners die in rockfall

Two miners died in a recent rockfall at the Quinsam coal mine, 22 km north of Campbell River, B.C.Hillsborough Resources (HLB-T) reports that three miners were trapped when the tunnel in which they we…


Noranda deal

ignites takeover talkNoranda (NOR-T) has agreed to sell its interest in Norcen Energy Resources Group to U.S.-based Union Pacific Resources Group for $1.8 billion in cash.Noranda owns 92.6 million sha…


Hall of Fame event stresses human side of mining

The induction ceremonies for the ninth annual Canadian Mining Hall of Fame, held recently at Toronto’s Royal York Hotel, paid tribute to six inductees whose careers showed not the importance of mining…


NW Quebec prospectors fight to save ground-staking

A plan put forward by Quebec’s ministry of natural resources to revise the provincial mining act is drawing criticism from two of the province’s prospectors associations.Amendments being proposed unde…






Breakwater nixes Bolivian zinc deal

Breakwater Resources (BWR-TWR-T) is scrapping its plans to buy a controlling interest in Bolivian zinc producer Minera.The company attributes the decision to delays caused by Minera’s failure to restr…


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