After completing a due diligence review of the Casa Berardi mine, management of Aurizon Mines (ARZ-T) has approved plans to acquire 100% of the mine complex, situated in the Abitibi region of northwes…
Atna Resources (ATN-T) and partner Westmin Resources (VMI-T) have announced a 17.5% increase in the in situ mineral resource of the Wolverine massive sulphide deposit in southeastern Yukon.The resourc…
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…
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…
The Vancouver Stock Exchange composite index added 2.07 points, or 0.3%, to close at 596.13 over the report period ended Jan 27. The mining index also finished on an up-note, gaining 5.45 points, or 1…
Gold Funds as of January 22, 1998BGRCentralNet Value$14.67$6.21Price$11.40…
Earth Sciences (ESCI-Q) has acquired the right to explore for diamonds in the Gran Sabana, a large treeless expanse in southeastern Venezuela.The vendor, a Venezuelan company known as CODSA 14, contro…
Led by the banks and golds, the Toronto Stock Exchange 300 index rose 212.27 points during the report period Jan. 21-27, ending the week at 6721.72, or 3.26% over its level of the previous week.Tradin…
As part of a joint restructuring plan, St. Genevive Resources (SGVE-C) and KWG Resources (KWGR-C) are asking most of their creditors to swap debt for an equity stake in the two companies.St. Gen is as…
It has been a long time coming but Energold Mining (EGD-V) has finally been granted two key exploration concessions in the Dominican Republic.One of the properties, known as Longyear, adjoins the larg…
British mining giant Rio Tinto (RTP-N) hopes to take advantage of depressed market conditions by buying back 10% of its shares.The move is intended to provide Rio with greater flexibility in managing …
Drilling by its joint-venture partner has intercepted promising copper intersections at Caledonia Mining’s (CAL-T) Kadola property in Zambia.Cyprus Amax Minerals (CYM-N) has drilled 19 shallow holes o…
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