Teck reports steady earnings
Second-quarter earnings remained steady for Teck (TEK-T).The company earned $19.7 million (or 20 cents per share) on revenue of $187.4 million, compared with a net income of $18.1 million on $181.7 mi…
News
DIAMOND PAGE — Trivalence finds diamonds at Aredor
Trivalence Mining (TMI-V) has received results from the alluvial diamond test runs being conducted at its 1,112-sq.-km Aredor mine concession in Guinea. Recently, over a 2-week period, a total of 3,41…
Ontario teen wins mining essay competition
A 13-year-old boy from Aurora has been named “Junior Miner of Ontario” by the Prospectors & Developers Association of Canada (PDAC).Riccardo Dente, a Grade 8 student at Light of Christ Catholic School…
DIAMOND PAGE — KWG, Spider release Kyle Lake results
Partners KWG Resources (KWG-T) and Spider Resources (SPQ-A) have released results from five of 11 holes drilled last winter at the Kyle Lake project in northern Ontario.The five holes, drilled as part…
PEOPLE — CONS. REDDING EXPL.
Charles Bruce and Edward Derksen appointed directors.
PEOPLE — ADDA RES.
Rene Carrier and James Hutchison elected directors; Brian Doutaz appointed president and chief executive officer.
OBITUARIES — Elmore Dillman
Elmore Dillman, a mining promoter who worked across Canada, has died. He was 78.A graduate of the University of Saskatchewan’s mining engineering program, Mr. Dillman started his career in the late 19…
Securities disclosure is going electronic
By autumn, the System for Electronic Document Analysis and Retrieval (SEDAR) will be mandatory for many public companies.Described as an improvement over traditional paper filings made to Canadian sec…
DIAMOND PAGE — Kennecott, Aber prepare for bulk sampling
At the Diavik diamond project in the Lac de Gras region of the Northwest Territories, Kennecott Canada has processed the remaining six large-diameter drill holes from the A-418 kimberlite pipe in prep…
Pegasus settles Zortman dispute
A settlement has been reached in a dispute involving Pegasus Gold (PGU-T), the U.S. Environmental Protection Agency, the state of Montana and local natives over water quality at the Zortman gold mine …
Placer Dome moves to rectify tailings spill at Philippine mine
The accidental escape of tailings at its 40%-owned Marcopper mine in the Philippines is reflected in the second-quarter earnings of Placer Dome (PDG-T).The company lost US$32 million (or US13 cents pe…
COMMENTARY — Disclosure in the marketplace
The Finance Committee of the Investment Dealers Association of Canada (IDA) agrees with the Toronto Stock Exchange Committee that the unrestricted flow of information from corporate issuers to investo…