News

Mining executive John Ralph Needham died recently in Toronto. He was 64. Needham was best known as a founding member of the Ontario Mining Equipment and Services for Export (OMESE), which was establis…

Drilling is expected to resume shortly on Mountain Beaver Resources’ (CDN) Figuery base metal property near Amos, Que. The property contains the Figuery deposit which has preliminary reserves of 386,7…

Week’s Price (US) Change Gold* $336.90 – $1.30 Silver* $ 3.80 + $0.03 Platinum* $355.25 – $1.25 Nickel** $ 2.66 – $0.12 Lead** $ 0.21 – $0.02 Copper $ 1.02 $0.00 Zinc $ 0.49 – $0.01 Courtesy of Scotia…

Joseph Novak appointed president and director; Orville Page and Donald Beban appointed directors.

British Columbia’s Energy and Mines Minister Anne Edwards has delivered some good news to residents of Elk Valley: a firm offer to buy two coal mines left in limbo by the recent bankruptcy of Westar M…

Satisfied with its first phase of work on the Talapoosa property in Nevada, Pegasus Gold (TSE) is proceeding with a second-phase drilling program. Pegasus has the right to earn a 70% interest in the p…

After compiling results from the past year’s drilling on the Polaris-Taku property in northwestern British Columbia, preliminary estimates of probable and possible reserves have been boosted to 2.85 m…

Fuelled by higher third-quarter earnings and investor enthusiasm related to the U.S. presidential election, shares of many of the major mining companies posted healthy gains during the week ended Nov….

Trading activity on western markets picked up a little steam during the report period ended at noon, Nov. 4, largely because of investor interest in companies active in diamond exploration. The Vancou…

A private placement with major shareholder Gwalia Consolidated will provide up to US$1.37 million for Consolidated Nevada Goldfields (TSE). Gwalia agreed to purchase a minimum of 1.82 million and up t…

Wally Dahya appointed director.

The 1992 Du Pont/Conoco Environmental Leadership Award, presented for environmental excellence in the U.S. mining industry, was recently awarded to Amax Gold. The company was one of five nominees that…