Sherritt writes off Ruttan copper mine
Due to depressed base metal prices, Sherritt Gordon Mines is writing off $24.6 million, which represents the carrying value of the company’s Ruttan mine in Manitoba. At present prices, Sherritt says t…
Due to depressed base metal prices, Sherritt Gordon Mines is writing off $24.6 million, which represents the carrying value of the company’s Ruttan mine in Manitoba. At present prices, Sherritt says t…
A contract has been let for the construction of a 500-ton-per-day carbon-in-leach mill facility by Nevada Goldfields Corp. The mill is expected to start processing ore from Nevada’s Kingston mine in N…
The most active issue on the Montreal Exchange this short holiday week was Yorbeau Resources, unchanged at 70 cents on 425,600 shares. Company officials said they knew of no reason why the stock had …
The end of a calendar year and the beginning of a new one are generally indecisive times for stock markets, Vancouver being no exception. Trading activity has been slow with Tangent Oil and Gas and Sk…
The market ends the year on a firm and upbeat note, despite the quiet post-Christmas trading. At noon the widely-followed composite 300 was up 3.15 pts to 3048.28, a 5% improvement over the 2,900.60- …
Claiming a coup, East West Minerals N.L., an Australian-based junior mining company, has purchased the Caribou base metals deposit located 30 miles west of Bathurst, N.B. The deposit was purchased for…
Edda Resources was one of the few gainers in the holiday-shortened trading week. The issue added 3 cents to 45 cents . Edda is still working on getting listed on the Alberta Stock Exchange. Goldteck …
Preliminary assay results have been reported by Mastt Resources from two drill holes on the company’s mineral claims in the Quesnel mining division of British Columbia. Hole No. 9 returned intersectio…
The East Kemptville tin project will continue to be managed by Rio Algom on behalf of the East Kemptville Tin Corp., which is owned by the banking group that provided financing for the project. The Ea…
Vancouver-listed Skeena Resources and Tenore Oil & Gas have entered into a project engagement agreement with Noranda Exploration regarding the 62,000-acre Maggie Creek gold prospect near Eureka, Nev. …
The Toronto Geological Discussion Group will be host at a seminar entitled The Canadian Cordillera: its geology, its gold deposits, and its relevance to exploration geologists in Toronto. Scheduled fo…
Noranda Exploration says recent drill results on the Waite Beauchastel property continue to provide excellent potential for expanding ore reserves. Surface drilling has successfully traced the Silidor…
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