A series of meetings involving officials from East West Caribou Mining and its new financial backers are expected to lead to a resumption of mining operations at the Caribou lead zinc mine in New Brun…
Having completed the purchase of a 60% stake in Guinness Gold Resources (ASE) from Acadia Mineral Ventures (TSE), a management team led by William Burton has approved a drilling program at a base meta…
Investors in flow-through shares in Quebec have been given a new break by the provincial government. Beginning this year, investors will not have to include flow-through tax benefits in the calculatio…
Recently increasing its interest (direct and indirect) in Wharf Resources (TSE) to 43.4% was Goldcorp Investments, a Toronto- based gold fund company. Goldcorp reports purchasing 358,200 shares of Wha…
A phase-one drilling program is under way on the Connell Corner property in the Val d’Or, Que., area, Aurizon Mines (TSE) reports. The property is within 1,350 m of the Aur/Louvem copper-zinc discover…
The changeover to a deepened shaft and a maintenance shutdown are among the reasons given by Brunswick Mining and Smelting (TSE) for reduced third-quarter net earnings. The Noranda affiliate recorded …
An underground exploration program, which began earlier this month at Claude Resources’ (TSE) Seabee project in northern Saskatchewan, is scheduled to reach completion by year-end, the company reports…
The Vancouver Stock Exchange received confirmation that Canarim Investment will subscribe for and take down one million units of Prime Resources (VSE) that had been the subject of a recently disclosed…
A NIM and Company limited partnership has committed for the flow-through private placement of $300,000 at 30 cents per share to Teeshin Resources (VSE). Funds will be used on the Dome Mountain projec…
Week’s Price (US) Change Gold*$368.35+$ 0.25 Silver*$ 5.13+ Platinum*$482.80 –$ 4.20 Nickel**$ 4.68–$ 0.03 Lead**$ 0.35+ Copper$ 1.25 — 0.07 Zinc$ 0.69–$ 0.06 Courtesy of Scotiabank. Inform…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct– — 114.70 — 14.60 Nov119.60 117.00 114.90 — 13.90 Dec119.90 113.40 115.10 -…
A decline ramp collared at surface at the Eagle River gold property in the Mishibishu area of northwestern Ontario had been extended 2,066 ft by the end of September, Hemlo Gold Mines (TSE) and Centra…
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