A small group of Dayton Developments (TSE) directors were recently positioning themselves to cash in on any future increases in the Vancouver company’s share price. Back in mid-December, after enginee…
After carrying out a limited exploration program, aunit of Noranda (TSE) has decided not to continue its option onthe Merry Widow property owned by Taywin Resources (VSE) on Vancouver Island in southw…
Writedowns totalling US$39.7 million pushed Galactic Resources (TSE) into a US$36.7-million loss for the year ended Dec. 31. The writedowns included charges against the company’s Summitville mine, its…
With our mining industry facing more hurdles and challenges today than ever before, there’s yet another ominous cloud looming. It’s that rising hue and cry for massive native land claims that could le…
Lower gold prices combined with asset writedowns and provisions for losses on certain investments put Malartic Hygrade Gold Mines (VSE) in the red durring 1990. The company reported a loss of $5.55 mi…
Speculation that Noranda (TSE) is attempting to pare down debt by offering to sell its gold assets to 50.8%-owned affiliate Hemlo Gold (TSE) was confirmed recently by Hemlo Gold President John Harvey….
Following the recent completion of a feasibility study, Chutine Resources (VSE) says it will need about US$22 million to build a new open pit copper mine at its San Antonio property in the Sonora stat…
A claim-staking dispute is brewing over property in Benoit Twp. in northwestern Quebec near where a gold showing by Freewest Resources recently caused a staking rush. The Freewest discovery instantly …
Ossian “Ossie” Walli, a well-known educator and founding architect of the post-secondary Haileybury School of Mines, died recently in New Liskeard, Ont., after a brief illness. He was 88. Born at Copp…
The Prospectors and Developers Association of Canada (PDAC) will honor seven members of the mining community at the annual awards banquet on Monday, March 25. Selected to receive the Bill Dennis Prosp…
Fears that Elliot Lake, Ont., will soon become a ghost town were heightened recently after Denison Mines (TSE) announced that it is laying off 400 employees this summer and reducing production at its …
Results from one of two studies to be released from the project of VSM Exploration (TSE) and Serem-Quebec at Grevet Twp. make underground exploration and future development almost inevitable, says VSM…
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