The old Mt. Nansen gold mine near Carmacks, Y.T., could resume production later this year on an open pit basis now that majority ownership is being acquired by BYG Resources. A wholly-owned subsidiary…
Don McKinnon, well known for his role in the Hemlo, Ont., gold discovery, has donated $20,000 in scholarship funds to the Haileybury School of Mines. The funds, to be known as the Don McKinnon Scholar…
Toronto-based Consolidated TVX Mining has just added to its Latin American precious metal portfolio by acquiring a stake in a Chilean gold/silver prospect from Consolidated Goldfields. Already Brazil’…
When a gold mining company has enough reserves in the ground to overtake North America’s largest producers, it can afford to be extravagant. That’s why New York-based Newmont Gold will spend $404 mill…
Learning to survive with low copper prices for most of this decade made the return last year to higher metal prices even sweeter for North American copper producers. Among those reporting sigificant g…
Iron ore mining leases in northern Quebec belonging to Hollinger North Shore Exploration have been acquired by La Fosse Platinum. La Fosse gained control of the leases, which also contain manganese an…
What a difference a year makes. This year’s annual meeting of International Corona Resources bore no resemblance to the raucous 1987 version at which Murray Pezim, then vice-chairman, stormed out in d…
An example of the momentum flow-through financing is giving to mineral exploration in this country is that of Tandem Resources, a junior company which, with various part ners, has 11 drill rigs at wor…
Montreal-based Canacord Re- sources says it is planning to deal its 9.9% interest in the Premier gold project north of Stewart, B.C., to Pioneer Metals. Westmin Resources has the right of first refusa…
As the mining industry wakes up to a sub-$445(US)-per-oz gold price, investors may be wondering what effect this will have on their favorite gold stocks. Since many of Canada’s junior and senior gold …
Montreal-based St. Genevieve Resources, in a buying mood last year when it acquired a significant shareholding in Louvem Mines, now says it is seeking to purchase the outstanding balance of Louvem sha…
A $60,000 work program is planned by Hedley Pacific Mining on its three claims located on Nickel Plate Mountain near Hedley, B.C. The claims adjoin those of Mascot Gold Mines and Golden North which jo…
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