New life is being breathed into the Wrightbar gold project, just east of here, by Lithos (ME). Now known as Bourlamaque-Nord, the project was developed between 1986 and 1988 to a vertical depth of 550…
Consolidated Asiatel Resources (CTD:VSE) has changed its name to Sino Foods on a share-for-share basis.
Alberta-listed Pentland Firth Ventures has received final receipts from a prospectus offering of 4 million units at $1.10 each. Each unit consists of one Pentland share and one-half a warrant. Each wh…
MBI Mining Brokers is acquiring a 60% interest in the Giant Copper property near Hope, B.C., from Bethlehem Resources (TSE). To do so, it must spend $6.2 million on the property over the next six year…
CDN-listed QEX Resources has resampled seven of 43 holes previously drilled on the New Calumet Mines property. The company has an option to acquire the concession and 59 adjoining claims in Pontiac Ct…
An unnamed “major international mining company” intends to earn a 60% interest in five of Arequipa Resources’ (VSE) copper porphyry prospects in Peru. (The major asked Arequipa not to disclose its ide…
At long last, Falconbridge (TSE) is drawing up plans to develop its Raglan nickel project on the Ungava Peninsula of northern Quebec. However, development is contingent upon completion of related agre…
The latest results released by Diamond Fields Resources (TSE) show improved grades over the first phase of drilling at the Voisey Bay nickel-copper-cobalt discovery on the northeastern coast of Labrad…
Proving that the cost of exploration and development is not cheap, Newmont Gold (NYSE) spent about US$400 million on several capital-intensive projects, as well as US$69 million on worldwide explorati…
Federal and provincial politicians are not the only public servants being taken to task for poor fiscal management. Management at the provinces’ Workers’ Compensation Boards (WCBs) is also coming unde…
The trails in mining and exploration are rugged, steep and well-marked with the footprints of a host of adventurers who have set forth with high hopes, faith and determination. These same trails trave…
The commodity price index of the Bank of Nova Scotia recorded its fifth straight gain in December. The small monthly gain from November was helped by stronger metals and agricultural prices. For 1994,…
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