Editorial Blame it on flow through
There’s a new excuse for mining projects that don’t turn out the way a feasibility study said they would. Like most good excuses, this one can be used by just about anybody for just about any project….
There’s a new excuse for mining projects that don’t turn out the way a feasibility study said they would. Like most good excuses, this one can be used by just about anybody for just about any project….
Recently increasing its interest by 15% in the polymetallic Eustis- Moulton Hill properties in Quebec’s Eastern Twps. region was LAC Minerals (TSE). LAC boosted its interest to 65% by paying $194,000 …
A street rumor that Noranda Inc. (TSE) has offered to purchase the copper-zinc Kidd Creek mine from Falconbridge Ltd. (TSE) has been discounted by both companies. Noranda Minerals President Keith Hend…
With an interim budget of $2.3 million, Newhawk Gold Mines (TSE) is continuing exploration on its 60%-owned Sulphurets project in northwestern British Columbia. Granduc Mines (TSE) holds the remaining…
Diamond exploration has caught the fancy of Cameco, the company formed through a merger of two Crown corporations Saskatchewan Mining Development Corp. and Eldorado Nuclear. The company recently concl…
The first gold brick from the Elder mine project in Quebec’s Rouyn-Noranda area was poured in early March, partners Aunore Resources (ME) and Nova Beaucage Mines (TSE) report. Plans by the companies c…
The external factors depressing equity markets across Canada remain very much in evidence and continue to keep wary investors on the sidelines. Gold in particular has yet to pull out its price slump, …
Brunswick Mining & Smelting produces only fertilizer, lead, zinc, copper and silver. Right? Well, if current negotiations pan out and a new sintering process works, the company may well be selling a w…
Based on encouraging results from its 1988 drill program, Consolidated Jalna Resources (VSE) is planning a further 30,000 ft of drilling for 1989 on its Purdex property located west of Kenora, Ont. Th…
The American Mining Congress (AMC) has called on United States negotiators at the Uruguay Round of trade negotiations to seek concessions on minerals and metals tariffs from consuming nations to ensur…
Aurogin Resources has completed a drill program on properties under option from Morrison Minerals (COATS) in northeastern Ontario. Eight diamond drill holes were completed on seven of 12 magnetic anom…
Halifax-based Novagold Resources’ (TSE) is evaluating the possibility of mining a copper zone on its Murray Brook property in New Brunswick. A diamond drilling program is currently under way and a tot…
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