A 1,500-metre hole designed to test the Wanapitei anomaly northeast of Sudbury, Ont., recently got under way. As operator of the “Mirage project,” Falconbridge has collared the deep hole in Sheppard T…
Partners Aur Resources and Societe Miniere Louvem expect the capital cost of developing their Louvicourt Twp. massive sulphide deposit east of Val d’Or, Que., to be well over $300 million. The two com…
Equal partners Uranerz Exploration and Mining and Cameco (TSE) have recovered 160 diamonds from kimberlites on their Fort a la Corne prospect east of Prince Albert, Sask. Although the average weight o…
A summer visit to the Bousquet No. 2 gold-copper mine of LAC Minerals (TSE) 25 miles west of Malartic, Que., helped securities firm Midland Walwyn in deciding to issue a “buy” recommendation for the l…
Former rivals International Corona (TSE) and Placer Dome (TSE) have reached an agreement for the joint development of the Eskay Creek gold project north of Stewart, B.C., with a view to bringing the p…
Despite the current bleak conditions for junior mining in Quebec, some observers of the province’s mining scene have surprisingly bright forecasts for the future. “Quebec is one of the better places f…
Gold! The word has fired our imagination like no other metal, Ontario’s Ministry of Northern Development and Mines reminds us in a recent information circular. The world demand for gold is still mainl…
Bill Cummins, president of McFinley Red Lake Gold Mines (TSE), says he is still hoping to line up a joint venture partner for the company’s Bateman Twp. gold project near Red Lake, Ont. Under an agree…
About 450 delegates from several countries attended the Second International Conference on the Abatement of Acidic Drainage in mid-September in Montreal. Some 125 speakers at the 3-day conference pres…
Toronto-based Falconbridge says it is cutting 100 jobs at its Sudbury, Ont., operations, after falling nickel prices forced rival Inco (TSE) to announce a similar move. The western world’s second larg…
Falconbridge says it expects to lose about 3,500 tonnes of cathode production at its Kidd Creek copper smelter in Timmins, Ont., after a leak was detected in the converting furnace, Sept. 16. Approxim…
Time is running out for gold mining companies that plan to hedge their 1992 production. As of June 30, 1991, North American gold producers had sold forward only 29% of 1992 production at US$420, accor…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.