News



Profit and production up for Echo Bay in 9-months

With a 76% boost in profit, Edmonton-based Echo Bay Mines has emerged from the nine months ended Sept 30 with net earnings of $21.9 million on revenues of $109.2 million. This compares to net earnings…


Things keep o9n looking up for Westmin’s Silbak bet

The news just keeps getting better from Westmin Resources’ British Silbak property near Stewart, one of only a few exploration programs currently under way in B.C. Westmin Resources’ British Silbak pr…


Reserve figure for Eden Roc’s Asupiri

A consultant has completed a reserve calculation for the Asupiri project controlled by Eden Roc Mineral Corp. Located in the Ivory Coast, Africa, the Asupiri No 1 zone hosts indicated reserves of 1.8 …


Pamour still a survivor after 52 years of gold mining

Pamour is a fun place to work because ideas aren’t squelched.– Robert McBean, superintendent of technical services. Pamour Inc. has always been something of an oddball on the Canadian gold mining sce…


Letters to the Editor All’s well at Gods Lake

As a sequel to your Nov 17 Odds ‘n’ Sods column by J. H. Morgan, I just returned from Gods Lake, Manitoba and I can report all is well in God’s Country. Thanks to geologists like Morgan, McMurchy and …



Queries Faraday Resources’ link with Hemlo

Faraday Resources recently hit new highs on the TSE. What’s the story? K.D. Montreal, Que. Toronto-based Faraday Resources new-highed on the TSE at $4.10 shortly following the formation of the new pu…



Bonanza discovery claimed by Taywin

Taywin Resources has stripped and trenched a bonanza gold and silver discovery on Vancouver Island. Further exploration is planned including percussion and diamond drilling, says J. Donald Graham, pre…


Metals Report Gold loans for mines gain favor

Gold’s role as the currency of last resort is being enhanced by a growing trend among financial institutions to finance mine development through gold loans. Gold loans work this way. A bank lends a co…


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