A drill program by a subsidiary of Homestake Mining (NYSE) is under way on the Kamad 7 claim adjacent to the Minnova/Rea Gold Samatosum mine near Barriere, B.C. According to Kamad Silver (VSE), previo…
A copper- gold discovery was recently made by Cazador Explorations (VSE) on its Hanson Lake property near Burns Lake, B.C. The mineralization was encountered in the main discovery trench within one of…
A recent natural gas pipeline explosion may have resulted in lost nickel production at the Soviet Union’s Norilsk smelter complex. Cold weather is being blamed for the rupture of the pipeline, which p…
Surging gold bullion prices broke the psychologically important $400-mark this week as London gold closed at $409.90(US) per oz on the second fix. Gold’s strength was quickly reflected in the gold min…
Large gold-producer Corona Corp. (TSE) plans to add to its growing output by purchasing a 51% interest in the producing gold- silver Cannon mine in Washington State from Asamera Minerals (TSE). Corona…
Prospects continue to brighten at the New World project owned 100% by Crown Butte Resources (VSE). Situated in Park Cty., Mo., the New World property is managed by Noranda Inc. (TSE) under a September…
The price of gold may have risen above $400(US) for the first time since January, but the yellow metal’s return to health wasn’t really reflected in Alberta share prices for the week ended Nov 21. Man…
Over the last two years Northgate Exploration (TSE) has spent in excess of $180 million and been involved in about 14 investments and acquisitions, which probably give it the honor of being North Amer…
A subsidiary of Homestake Mining (NYSE) recently confirmed long-standing rumors that a major “Lupin-type” gold deposit was discovered in the Northwest Territories. Robert Boyd, director of Canadian ex…
Major gold producer Giant Yellowknife Mines (TSE) and its associated Pamour group companies may have a new owner by the end of the year. Parent company Giant Resources of Australia has entered into a …
A net loss of $2 million or 11 cents per share was reported by Canamax Resources (TSE) on revenues of $12 million for its third quarter ended Sept 30. These results, which include proceeds from the …
An agreement in principle has been signed between Goldhurst Resources (VSE) and Euro- Nevada Mining (TSE) which gives Euro-Nevada the right to buy 50% of Goldhurst’s royalty in the Mouska gold project…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.