News


O&C sells assets, buys back shares

Planning to diversify its activities in North America, Osborne & Chappel Goldfields (TSE) has agreed to sell half of its 50% interest in the Los Lilenes SA group of Panama to its major shareholder, Od…


Montreal Exchange Lyon Lake active

Investors were in a positive mood during the week ended July 9. The general market portfolio index jumped by 23.7 points and the mining and minerals index gained almost seven points. Daily trading vol…


EDITORIAL PAGE Building on resources

Those who would have us abandon our resource-based economy would do well to study the most recent figures on the contribution resources make. Minerals, energy and forestry combined account for more t…


Unlisted Trading Horne moves on slag

Horne had been negotiating with a U.S. partner for a 50% interest in the project for which leaching, the company said, may be the preferred method for metal extraction. That partner, Horne said, has a…


Exploration in Nova Scotia turns to base metals

With new exploration models and technology, the major mining companies are positioning themselves to take an integrated approach to base metals exploration in Nova Scotia. Recent staking indicates ren…


Minerex drilling intersects Humboldt vein extension

An exploration drill program operated by Minerex Resources (TSE) has encountered the western extension of the Humboldt vein being mined at the Aurora Partnership heap leach operation in Mineral Cty., …


PEOPLE HALLEY RESOURCES

Rowland Perkins appointed president and director; Donald Golbeck appointed director; Arness Cordick appointed director.



Drilling under way at Birk Creek

A 6,000-ft. drilling program is under way at the Birk Creek property in the Adams Plateau area of south-central British Columbia. Falconbridge, operator of the program, can earn a 60% interest in the…


Shareholders OK Hope Brook sale

Shareholders of Hope Brook Gold Mines (TSE) have voted in favor of a reorganization which will transform the public company into a wholly owned subsidiary of BP Canada (TSE). Casting ballots at the c…


Placer Dome estimates $420 million for Milligan

It will cost an estimated $420 million for Placer Dome (TSE) to bring on stream the Mt. Milligan gold-copper deposit north of Prince George, B.C. That’s over and above the approximate $255 million th…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close