The federal government is considering vacating its role in the mining industry, Mines Minister Jake Epp told delegates to a mining industry symposium recently. As part of its proposal to amend the Can…
An offering worth almost $105.9 million is being planned by LAC Minerals (TSE). The gold producer said it intends to offer 11 million common shares at $9.25 per share throughout Canada. An underwritin…
The Ontario government is offering its support to the Magino gold mine near Wawa, Ont., by lending cash-strapped partners Muscocho Explorations (TSE) and McNellen Resources (TSE) $1 million. Under a t…
The exploration subsidiaries of two international mining companies have joined forces to launch a new exploration thrust for gold and base metals into certain East European and African countries. Vanc…
The founding director of the Geological Survey of Canada (GSC), which will celebrate its 150th anniversary next year, will be inducted into the Canadian Mining Hall of Fame in January, it was announce…
The Cheminis mine of Northfield Minerals (ASE) near Virginiatown, Ont., yielded its first two gold bars recently, after stockpiled material from above the 695-ft. level was processed through the nearb…
The addition of four Crown-granted mineral claims recently boosted the ground position of Goldcliff Resource (VSE) to 108 claim units totalling 5,680 acres in the historic Olalla gold camp near Kereme…
Controversy continues to surround the gold situation in the Soviet Union, where the winds of political change have caused economic instability. The chief beneficiary of the confusion surrounding the y…
Despite record production for the first quarter of fiscal 1992, Glamis Gold (TSE) reported lower earnings than in the first quarter of 1991. First-quarter production totalled 18,041 oz. compared to 11…
Resources giant Noranda (TSE) has officially opened the $20-million expansion of its research facility in suburban Montreal — the Noranda Technology Centre. The expansion unites researchers, who were…
Ontario MPP Frank Miclash recently questioned the provincial government’s commitment to the rehabilitation of abandoned mine sites in Ontario. The Liberal member from Kenora in northwestern Ontario ca…
Semi-monthly reports as of November 15, showed 20,814,254 shares of 604 issues compared with 19,829,016 shares of 582 issues on October 31. Larger individual positions included: Amax Gold 68,300; Amer…
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