The phase-III expansion of the East pit at the Gibraltar mine near McLeese Lake, B.C., will begin to generate revenue later this year for Newcoast Silver Mines (VSE). Newcoast owns a 30% net profits i…
Matachewan Consolidated Mines (TSE) is preparing to defend itself against a recent government order to clean up tailings material that spilled into the Montreal River in October, 1990. To pay for the …
Less than a year after bringing its Oronorte property in Columbia into production, Greenstone Resources (TSE) is getting ready to hatch a second Latin American gold mine. At a capital cost of US$17.6 …
A human resource development agreement has been signed by the Saskatchewan government’s education ministry and Minatco under which the latter will hire, train and promote “northerners” at its mining o…
The Westray coal mine in New Glasgow, N.S., was officially opened recently by Clifford Frame, chairman of affiliated Curragh Resources (TSE), the lead-zinc producer which also announced a debenture of…
With the recent acquisition of interests in two porphyry copper properties, New Canamin Resources (VSE) has joined the search for the next copper mine in British Columbia. The company recently signed …
Joseph Mazur will be the guest speaker at a luncheon Sept. 26 hosted by the Toronto branch of the Canadian Institute of Mining and Metallurgy. Mazur is vice-president of administration and communicati…
Indices in declineBoth the market portfolio and mining and minerals index took it on the chin during the week ended Sept. 10, with the former off by 21.7 points and the latter down by 27.3 points. Dai…
Sept 10 Sept 9 Sept 6 Sept 5 Sept 4 High Low Composite “300”3448.15 3478.96 3488.29 3485.49 3486.84 4009.47 3009.91 Metals & Minerals2976.40 3008.09 3026.10 3034.07 3022.42 3453.06 2502.63 Integrated …
Higher production costs at the Sterling gold mine in Nevada pushed Cathedral Gold (TSE) into the red with a loss of $51,000 on revenue of $726,000 for the second quarter ended June 30. The results com…
As of October, 1990, International Micham Resources (VSE) has been exploring the Disentis property in Switzerland under an 80-20% joint- venture agreement with Swiss Gold Partnership. Swiss Gold was a…
It just gets sillier and sillier — and closer to home. I’m referring to costly hurdles being thrown at mining developments by aboriginal groups. I recently wrote about a situation in Australia where …
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.