The recently elected Liberal government of Nova Scotia intends to create “a balance point” between environmental and mining interests over the next year, said Donald Downe. Downe, natural resources mi…
In concert with the planned combination of Stikine Resources and Prime Resources Group (TSE), Placer Dome (TSE) plans to sell its interest in British Columbia’s Eskay Creek project. Placer, which hold…
Proceeds from the sale of shares in Noranda Forest will be used to fund opportunities mainly in its mining and metals group, Noranda (TSE) reports. A group of Canadian underwriters will buy 12 million…
Continuing operating problems have pushed Amax Gold (NYSE) further into the red. With third-quarter losses of US$7.4 million, the total loss for the first nine months of the year stands at US$75.9 mil…
A general lack of market-moving news left western indexes drifting over our report period ended Dec. 7. The Vancouver Stock Exchange resource index added 6.67 points to close at 1,536.73 while the bro…
Price (US) Week’s Change Gold* $377.15 + $7.05 Silver* $ 4.96 + $0.53 Platinum* $376.75 + $10.00 Nickel** $ 2.26 + $0.16 Lead** $ 0.20 + $0.01 Copper $ 0.76 + $0.02 Zinc $ 0.45 + $0.03 Courtesy of Sco…
BGR Central Net Value $14.73 $6.20 Price $13.75 $6.875 Premium 10.9% Discount 6.67% Value $82,524,000 $112,200,576…
Drilling has resumed at Deak Resource’s (TSE) Kerr mine property in Virginiatown, east of Kirkland Lake, Ont. Two underground drills are on site and a third, surface, drill will be added shortly. Proj…
Among the trends that can be traced through this mining year is a significant rise in the number of gold operations reopened and base metal mines suspended (see Table 1) as of July 1. With 16 openings…
The Sudbury, Ont., plant of Dyno Nobel has become the first explosives facility in North America to meet the ISO 9000 standard. The ISO 9000 quality control standards were developed by the Internation…
Drills are turning on the Cross Lake kimberlite target in the Northwest Territories, with at least five holes planned. Ashton Mining of Canada (TSE) is earning a 51% interest from Pure Gold Resources …
A private placement of several hundred thousand units of Republic Goldfields (VSE) has been completed. The placement has gross proceeds of US$1.6 million, with each unit priced at US$2.25. A unit cons…
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