From a high of $28 last spring, the shares of Rio Algom have recently dropped to under $20. Over the past month or so, the market has focused on the company’s negatives — its abandonment of the East …
Gold issues are leading the major markets and some of the euphoria is spreading to COATS traded issues. Of interest to Carolin Mines shareholders; that issue, which was delisted by the Ontario Securit…
Results from two deep drill holes have considerably enhanced the potential of the Tundra gold property, held by Noranda Exploration Co. and partner Getty Resources. Located 130 miles northeast of Yell…
With the stock market rally continuing on North American exchanges and key indicators sprinting into uncharted territories, the 4-year old bull looks as frisky and as feisty as ever. And despite its a…
Work on the Pinetree gold property held by Goldenbell Resources is continuing on schedule, the company says. Located in California, the Pinetree property is being readied for mine construction beginni…
Muscocho Explorations says a crosscut from the recently- completed ramp intersected the main gold-bearing zone at the 300-ft level on the Magnacon property at Mishibishu Lake near Wawa, Ont. Muscocho,…
A 15,000-ton vat heap leach test will be performed this summer at the Colomac property held under option by Neptune Resources. The property, located in the N.W.T., is held under option from Johnsby Mi…
A year ago SNC Inc., the large Montreal-based engineering firm, was high on its 17.8% interest in Aunore Resources and its role as operator on the old Peel-Elder gold mine near Rouyn in northwestern Q…
Mineral exploration is generally a slow and tedious process and few mines are discovered on one drill hole. So being in the right place is important whether you are talking about geology or nearness t…
CANAMAX RESOURCES — Charles E. Stott Jr. and Timothy J. Haddon elected to the board of directors.
Radisson Mining Ressources says it has discovered a new gold-bearing zone on its Douay property in northwestern Quebec’s Casa Berardi area. A diamond drill hole located near the centre of the property…
Alan Bossin, 35, a lawyer and former legal counsel with the Insurance Bureau of Canada, has been appointed managing director of the Prospectors and Developers Association of Canada. Mr Bossin replaces…
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