McWatters Mining Inc

McWatters bankruptcy reaches settlement

The Quebec Superior Court has approved the settlement between insolvent McWatters Mining (MWA-T) and its creditors, ending bankruptcy proceedings for the company and for the Sigma-Lamaque partnership, McWatters’s 60-40 joint ven…

McWatters exits Kiena

McWatters Mining (MWA-T) has agreed to sell the balance of its Kiena mine royalties to Wesdome Gold Mines (WDG-V) for $2.2 million, including the assumption of $700,000 in debt.

Century aims to revive Sigma-Lamaque

Vancouver — A letter agreement sets the stage for Century Mining (CMM-V) to acquire the historic Sigma-Lamaque gold mine complex in the Val d’Or camp of northwestern Quebec.

Fears cripple Toronto Stock Exchange

With the May 5-11 report period dominated by headlines heralding impending interest rate hikes, China’s decision to try to slow its sizzling economy, and soaring oil prices, one could hardly fault investors for bolting for the doors. And bolt they…

McWatters pushed into administration

Gold miner McWatters Mining (MWA-T) has agreed to the appointment of a receiver under the Bankruptcy and Insolvency Act and plans to make a repayment proposal to its creditors.One of McWatters’ secure…

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