News

An option has been acquired by Malartic Hygrade Gold Mines (VSE) which gives the company the right to earn a 60% interest in a gold property near Val d’Or, Que. The 425-acre property is owned by Black…

One of the most dormant issues on the Alberta Exchange suddenly sprung to life this week following an encouraging announcement from the Tully Twp. gold property near Timmins, Ont. News that joint vent…

Price (US) Change Gold (per oz)$392.00–$12.75 Silver (per oz)$ 5.82–$ 0.30 Platinum (per oz)$520.00–$13.00 Copper (per lb)$ 1.50–$ 0.04 Lead (per lb)$ 0.29–$ 0.01 Zinc (per lb)$ 0.87+$ 0.03 Nic…

Suneva Resources has changed its name to International Suneva Resources Ltd. (ISN:VSE) on a 1-new-for-3 1/2-old share basis.

Judy Erola, a former mines minister for the federal government, will give the luncheon address on March 3, at a Northern Women’s conference on resources and environment in Sudbury. Women from northern…

Louisiana Land and Exploration Company (LL&E) said its wholly- owned subsidiary, White Pine Leasing, had consummated the sale of its electrolytic copper refinery to Copper Range Company (CRC) for $14….

Vancouver- based International Mahogany Corp. (TSE) has filed notice with the U.S. Securities and Exchange Commission disclosing it has acquired a greater than 5% interest in Quartz Mountain Gold Corp…

Teeshin Resources (VSE) has filed a $6.5-million claim of lien against the Dome Mountain gold property in British Columbia. The sum represents the amount of money Teeshin says it spent on exploration …

The takeover bid by Cambior Inc. for Nova-Cogesco Resources is off, says the former. The major Quebec gold producer, having upped its price from $1.50 per share of Nova Cogesco to $1.80, now says beca…

I would like to point out an error in your newspaper which is causing grief and anxiety to Corona Corporation and its shareholders and general confusion in the marketplace. In your dividends section (…

Capital costs at the Namew Lake mine in northern Manitoba, totalling $70 million, were shared 40% by Outokompu Mines and 60% by Hudson Bay Mining & Smelting, not 100% by Outokompu as was stated in (N….

Strong nickel and copper prices have combined to drive Falconbridge Ltd. (TSE) to the most profitable year in its history. Earnings reported by Falconbridge for the year ended Dec 31 were a record $34…