News

The ball mill at the Eagle River gold mine near Wawa, Ont.

River Gold eyes higher gold price in Canadian dollars

On the surface, River Gold Mines (RIV-T) is an unappealing story. Despite a robust gold price, the domestic producer lost nearly $1 million in 2003, the victim of a higher Canadian dollar and increasing costs. “Unforeseen challe…


Aerial view of the portal at Beaver Brook in 1996.

VVC catches Beaver Brook fever

Having closed its $17-million purchase of the mothballed, underground Beaver Brook antimony mine in central Newfoundland, VVC Exploration (VVC-V) is preparing to resume commercial mining on The Rock before the end of the year.


Redcorp to revive Tulsequah Chief

Vancouver-based Redcorp Ventures (RDV-T) is planning to revive the Tulsequah Chief mine project in northwestern British Columbia.





Falco’s earnings soar in Q1

Higher metal prices more than offset the effects of a 3-week strike at Falconbridge’s (FL-T) Sudbury operations and helped it post a nearly five-fold increase in earnings during the first quarter.




Canada’s miners felled by lower prices

The April 14-20 report period was relatively quiet for gold as the yellow metal shed just US90 to finish at US$396.85 per oz. in London. The Toronto Stock Exchange’s gold index mimicked the metal’s performance, peaking at 214.05 points at mid-per…


Drilling trends

Drilling is essential to exploration and mining, as it is the only way to investigate an anomaly fully and delineate and define a deposit.


Mary-Claire Ward

Mary-Claire Ward, a director of the Prospectors & Developers Association of Canada and chairman of mining consulting firm Watts Griffis & McOuat, has died after a lengthy battle with cancer.


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