News




Rains force work suspension at Poura

A flash flood has caused Sahelian Goldfields (shgi-c) to suspend its underground rehabilitation and development program at the Poura gold mine in Burkina Faso.Sahelian reports that 70 mm of rain, fall…



Mountain Lake tests zinc target

Zinc mineralization was intersected by Mountain Lake Resources (moa-v) while drill-testing the Malisect nickel-copper prospect in the Bathurst area of New Brunswick.The property is 25 km west of the H…


Agnico-Eagle reports second-quarter loss

Lower gold prices and production, as well as reduced interest income, led to a loss for Agnico-Eagle Mines (age-t) in the second quarter.The company recorded a net loss of $1.2 million (or 3 cents per…


Newhawk cancels sale

The $4-million sale of the Sulphurets-Bruceside gold-silver project in northwestern British Columbia has been terminated by Newhawk Gold Mines (nhg-t) because Treminco Resources (tmo-t) failed to comp…


Mid-North director sells Walton

Calgary-based Mid-North Resources (mnu-a) has signed a letter-of-intent agreement with one of its directors to acquire two properties in Nova Scotia, including the past-producing Walton barite-silver …


Patricia extends Island Gold

Toronto-based Patricia Mines (pat-v) has extended the 21 zone by 25 metres east of the discovery hole at its Island Gold project northeast of Wawa, Ont.So far this summer, four holes have been drilled…


Eldorado enters talks with Gencor

Weak gold prices have induced Eldorado Gold (eld-t) to enter discussions with South African mining house Gencor to revise a proposed transaction involving the acquisition of two operating gold mines a…


Risk, challenge topics of B.C. conference

A conference outlining the political, financial and regulatory risks of international mining ventures will be hosted by Price Waterhouse from Oct. 9 to 10 at the Waterfront Centre Hotel in Vancouver, …


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