A $10-million private placement with Hemlo Gold Mines will enable Viceroy Resource Corp. to purchase crushing, conveyor and stacking facilities for its Castle Mountain project in San Bernardino Cty., …
The 13th annual symposium of the Uranium Institute is scheduled for Sept 7-9 in London, England. Uranium supply and demand is expected to be among the topics of discussion, along with political pressu…
In the nick of time, Neptune Resources of Toronto has lined up the $10 million it needs to bring equipment and supplies over an ice road to its isolated Colomac property at Indin Lake north of Yellowk…
For the first nine months of Cominco Resources International’s 76.4% ownership of the Buckhorn gold mine in Nevada, its share of income from the heap leaching operation was $5.3 million. The company’s…
A 2-3-year shaft-sinking and drilling program is under way here on a gold property optioned by Armistice Resources to determine the existence of ore deposits similar to those on the neighboring Kerr A…
Has the bubble burst for copper, or is the bull market for the base metal experiencing a temporary lapse? Reaching a spot price on the New York Commodity Exchange of $1.46(US) per lb at the end of las…
Several encouraging assays have been received by Goldteck Mines from the company’s Stairs property, west of Matachewan, Ont. In the G-9 zone, located 2,000 ft east of the shaft, drilling intersected a…
Incorporated in 1956 (as Continental Utilities Ltd.) in Alberta and initially in pipeline engineering design and feasibility studies related to natural gas distribution franchises, Continental Researc…
Placer Dome Inc. has optioned the Sturgeon River gold property from Phoenix Gold Mines. Located near Beardmore, Ont., the Sturgeon River property produced 73,332 oz of gold between 1936-1942. Placer D…
A second drill is now working on the Jolin gold property in northwestern Quebec, where encouraging results were obtained from the initial 10 drill holes, Abitibi Metals Mines reports. The company says…
Work is nearing completion on a new cement silo at the Kidd Creek Mines minesite 15 miles north of Timmins city centre. Eric Belford, vice-president mining for the Falconbridge Ltd.-owned company, say…
There’s a fellow in the U.S. who has staked mining claims on Mars. Putting aside the question of under what jurisdiction those claims would be filed, in Canada a basic tenet of gaining mineral rights …
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