Echo Bay Mines (TSE) is taking a substantial writedown on its 40% interest in the Alta Bay joint venture this quarter. The US$39.7-million writedown, which includes half of Echo Bay’s US$41.3-million …
A settlement was reached between Pegasus Gold (TSE) and Pioneer Metals (TSE) which, if concluded, will eliminate all debts owed to Pegasus as well as all outstanding legal disputes between the two com…
Cyprus Gold Canada, a unit of Colorado-based Cyprus Minerals (NYSE), has optioned a parcel of promising gold claims in Tully Twp., Ont., about 25 miles north of Timmins, Ont. The first deal gives Cypr…
Long-suffering shareholders of Denison Mines woke up during the week ended Dec. 18 to find an unexpected surprise in their Christmas stockings. It came in the form of Denison’s new President and chief…
In the midst of continent-wide dog-and-pony show to raise money for further exploration on the Ladner Creek gold project in British Columbia, Anglo Swiss Mining gained 5 cents on 189,783 shares to clo…
A recent Ontario court decision which restored Ontex Resources’ title to the Brookbank gold property in northern Ontario boosted that company’s shares 70 cents to $2.90 in the week ended Dec. 18. The …
Proposed legislation governing cross-border shipments of hazardous waste threatens to put the recycling divisions of some of Canada’s biggest mining companies out of business. The mining industry says…
Idaho-based Coeur d’Alene Mines (NYSE) recently acquired a 5% interest in the Coeur mine in north Idaho from Hecla Mining (NYSE). The acquisition increases Coeur d’Alene Mines’ interest in the silver …
Just two months short of his 62nd birthday, former Falconbridge Ltd. chairman Bill James has taken on what could be the biggest challenge of his career. After accepting an invitation to 0000,0509 beco…
Options Open Series Volume Last Interest Feb. 380 C 110 11.50 890 Feb. 390 C 125 9.40 1,308 Feb. 400 C 192 5.50 1,834 Feb. 410 C 56 3.80 1,433 Feb. 420 C 181 2.70 2,411 May 380 C 50 2.70 283 Aug. 430 …
Scholarships and an award program, established in memory of the women students slain at Ecole Polytechnique last year, are available for application. Two scholarships, worth $5,000 each, will be award…
Hole 90-29 on the Tulsequah Chief property was drilled into footwall andesite and stopped at a depth of 2,635 ft. without encountering H Lens mineralization. The Tulsequah property is in northwestern …
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