The fatal explosion at Royal Oak Mines’ (TSE) Giant mine in Yellowknife, N.W.T., will not close the gold producer, says President Margaret Witte. “We expect to reopen the mine by Sept. 25.” The Sept. …
A $9.5-million loan has been repaid to Prime Resources Group (VSE) by Euro-Nevada Mining (TSE). The loan was exchanged for $9.1 million par value 8% second preferred shares of International Corona, no…
An agreement has been amended between Regal Goldfields (CDN) and two private parties over a 30-claim gold property in Black Twp., Ont. Regal will now acquire 100% interest in the property, subject to …
The 4-month-old strike at Royal Oak Mines’ (TSE) giant gold mine has been violent as it continued operation, using scabs. Prior to the Sept. 18 blast which killed nine miners, other explosions at the …
After completing due diligence studies on the Thierry copper-nickel mine in Northwestern Ontario, KWG Resources (ME) has decided not to option the property from owner Etruscan Enterprises (VSE). The d…
The Canadian diamond drilling industry has installed itself as a world leader, but this position is being threatened by the country’s economic malaise and government policies. Statistical drilling dat…
It was a ghoulish display of political opportunism, when Ontario Labour Minister Bob Mackenzie used the death of nine miners in Yellowknife to his advantage. Only days after a fatal explosion at the G…
Following the expiry of a previous offer to increase its stake in Nova-Cogesco Resources (TSE), Hughes Lang (VSE) and its subsidiary Orofino Resources (TSE) intend to make a second offer for the cash-…
An offer has been made by Prime Equities International (VSE) to acquire all outstanding shares of a Vancouver-based shell company, Encore Ventures (VSE). Under the offer, Encore shareholders will rece…
The United Steel Workers of America has launched a breach-of-trust action against Cominco (TSE), claiming the company improperly used surplus pension funds. The union charges that surpluses earned in …
Because of mining experience and diamond drilling results, St Andrew Goldfields (TSE) has announced a significant increase in reserves for the West zone at its Stock mine east of Timmins, Ont. As of A…
With assay results from four recent holes, San Andreas Resources (VSE) is reporting the discovery of “Pine-Point-style mineralization” at its Prairie Creek mine property 300 miles west of Yellowknife,…
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