Western markets continued a prolonged slide during the week ended Apr. 28. The VSE composite index closed down 16.02 points at 615.20 while the resource index managed a more modest loss of 3.28 points…
Canada’s mining industry must move faster if it wants to compete in new global markets which demand high-quality metals at competitive prices. That was the nub of a speech Quebec Energy Minister Lise …
Exploration on a high-grade zone 3,600 ft. east of the LaRonde mine of Agnico-Eagle Mines (TSE) near Rouyn-Noranda, Que., has boosted total reserves on the property by 19.6%. Agnico says it has outlin…
The economy here is in for a shot in the arm perhaps as early as year’s end thanks to a new gold mine being developed about 90 miles to the southwest. Kian Jensen, administrator of the privately owned…
A growing obsession with environmental regulations and an unnecessarily complicated tax structure are discouraging new investment in Canada’s mining industry, says Lars Eric Johansson, chief financial…
Semi-monthly reports as of April 15, showed 26,377,283 shares of 619 issues compared with 24,177,660 shares of 587 issues on March 31. Larger individual positions included: Amax Gold 122,250, down 21,…
If a merger between South American Goldfields (TSE) and Golden Star Resources (TSE) proceeds as planned, the amalgamated company would expect to be “a medium-sized and rapidly growing” gold producer b…
Partners Queenston Mining (TSE) and Strike Minerals (CDN) recently proved that you can still cut a deal with a major by optioning their Robertson Twp. base metal property and another property in north…
The chairman of one of North America’s largest and most successful gold mining companies, Peter Munk, says the industry is headed for a period of “consolidation, rationalization and upheaval” that wil…
Andrew Poller appointed vice-president.
Advances in trucking on winter roads and in arctic shipping make the Izok Lake copper-zinc project in the Northwest Territories viable today almost 30 years after its discovery, says David Watkins, pr…
Interest rates have a long way to come down yet. Eventually, despite the Bank of Canada’s reluctance to let the dollar fall, rates have to come down to a level that will support investor confidence. F…
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