A $2.90(US) price increase has been won by Westar Mining (TSE) from its Japanese customers for the coal year commencing April 1. This brings the price for metallurgical coal to $46.90 per tonne. Westa…
An underground exploration program on the Maude Lake gold deposit is progessing on schedule, operator Equinox Resources (TSE) says. The property, which is located near Matheson, Ont., is held under op…
As though an electrical power rate increase announced late last year of about 5.2 per cent to direct power users weren’t enough, it is now being proposed that a sales tax be added to the cost of power…
A 33,500-ton bulk sampling program at the Francoeur property is expected to be completed by May, Rouyn Mining Resources (TSE) says. Following the completion of the mining program, the company plans to…
International Coast Minerals (VSE) has started a $340,000 drilling, trenching and sampling program on its Bear gold prospect in the Kennedy River area west of Port Alberni on Vancouver Island. The com…
It looks as if Murray Pezim’s Prime Capital will sit tight for a while to see where the cards fall in its takeover (via a private placement) attempt for North American Metals. (A gremlin crept into ou…
Thanks to a more efficient mining method and some new technology, Cliff Resources (TSE) is planning to extract about 20,000 oz gold this year from its Green Hill placer gold mine at Olinghouse, Nev. O…
Downsview, Ont.-based Flint Rock Mines (VSE) says it is seeking approval for a $105,000 flow- through share issue for exploration at a property in the Larder Lake, Ont., region. Flint Rock says the is…
In a relatively uneventful trading session, International Baslen Enterprises topped the list. With 422,500 shares changing hands the issue gained 15 cents to close at 93 cents . International Baslen …
The possibility of combining seasonal heap leaching with conventional milling is being considered by Energex Minerals (VSE) at its Al gold property in the Toodoggone area of British Columbia. “Project…
Drilling is scheduled to start this week on a single 5,000-ft hole near Cranbrook, B.C., in similar geological terrain as that which hosts the Sullivan lead-zinc-silver mine. The hole, which is estima…
Stratabound Minerals of Calgary recently acquired two New Brunswick properties in the Bathurst camp containing substantial reserves of copper, cobalt, gold, silver, lead and zinc. The Captain and Tayl…
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