With more than $80 million spent to date on environmental and technical studies, Aber Resources (ABZ-T) and Diavik Diamond Mines have submitted a mining proposal for their Diavik project 300 km northe…
Low gold prices have prompted Echo Bay Mines (ECO-T) to defer construction at the Aquarius gold project near Timmins, Ont. Echo Bay owns 100% of the project, which, at last report, hosted reserves of …
Zappa Resources (ZPA-V) is set to deal its interest in the Gaby gold deposit in southern Ecuador to Ecuadorian Minerals (EMC-T).In a deal valued at US$1.6 million, Ecuadorian would take sole interest …
An underwriting syndicate, led by RBC Dominion Securities, has agreed to buy 8 million shares of Bema Gold (BGO-T) at $3.75 each. The deal is expected to raise proceeds of $30 million.The underwriters…
First-phase diamond drilling by Avalon Ventures (AVL-V) on its Wolf property in northwestern Ontario has returned anomalous platinum group element (PGE) values.Seven of eight drill holes at the 10,100…
In early 1997, mining analysts from the London branch of Banque Paribas estimated that it would be a year before the benefits of a restructuring undertaken by Ashanti Goldfields (AHD.U-T) would be fel…
Drilling has begun at a base metal discovery at Lac Rocher, 112 km north of Matagami, Que.The operator of the project is Nuinsco Resources (NWI-T), which is exploring the property under an option from…
A judge has dismissed a company’s allegations that VenCan Gold (VCG-M) wrongfully dealt a 50% interest in production from the Edwards gold mine near Dubreuilville, Ont., to River Gold Mines (RIV-T).Ex…
Mining history will be made this fall with the official opening of the Ekati diamond mine in the Lac de Gras region of the Northwest Territories.Operated and 51% owned by Broken Hill Proprietary (BHP-…
A drill program carried out by Geomaque Explorations (GEO-T) at the Vueltas del Rio gold deposit in northwestern Honduras has boosted the resource estimate to 922,000 oz. gold.The new figure represent…
Surviving a century of fast-paced change is no small feat for any professional organization. The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has done more than survive 100 years, it h…
Grant Ewing appointed vp investor relations.
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