Bank tells Chelsea to pay $2.1 m loan
Toronto-based Chelsea Resources (VSE) was recently negotiating with several mining groups in a bid to resolve its financial problems. Chelsea and its wholly-owned U.S. subsidiary Chelsea Resources (U….
Toronto-based Chelsea Resources (VSE) was recently negotiating with several mining groups in a bid to resolve its financial problems. Chelsea and its wholly-owned U.S. subsidiary Chelsea Resources (U….
Out of a total workforce of about 412 (including salaried employees on staff), the fact that Key Lake’s maintenance department employs 154 workers says something about the operation’s priorities. “May…
In many respects, seismic reflection profiling is like listening to a voice echoed from a cliff. For land seismic surveying, sound is either generated by explosions or by powerful radio-controlled vib…
Harry Oakes, staker and original president of Lake Shore Mines, Limited, and pioneer engineer-prospector of the Kirkland Lake district, added another distinction to his already long list when he was c…
The sending of British capital into Canadian mining and other enterprises is being affected by the suggestion of British authorities that Old Country brokers and bankers should not assist in the expo…
The Midwest Joint Venture, which is developing a uranium mine at the eastern fringe of the Athabasca Sandstone Basin, faces very similar challenges to the ones facing Cigar Lake’s operators. That shou…
“Gold is hard to find, but it is even more difficult to mine.” Bob Buchans, the speaker, should know. As the man behind the CMP funds (a once-popular investment vehicle for flow-through share financings), he was responsible for funding part of…
The use of geostatistics for reserve estimation began in the 1970s and, with the availability of computer technology, is becomin g increasingly accepted. Initially, few consulting firms were capable …
Grassroots geological mapping is entering a digital revolution. If the trend gains momentum, it could be so far advanced by the turn of the century that exploration geologists will begin searching for…
When talking to a lawyer, you might notice the lawyer uses words that are common in everyday speech, but somehow, when uttered by him or her, they take on a strange meaning that may or may not be simi…
A new exploration tool is being used to profile structures 12 km down inside the lithosphere. By L. Mayrand, A. G. Green, C. Hubert, S. L. Jackson, J. N. Ludden, B. Milkereit, R. H. Sutcliffe, and P….
Situated in the rolling Shuswap Highlands, 60 km northeast of Kamloops in south-central British Columbia (right), the Samatosum deposit is becoming the first of what Minnova Inc. believes will be a nu…
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