The following criteria define a junior mining company: * Neither a producing company nor the recipient of significant income from production or from some other business venture. * Exploration funding …
It’s been a while coming, but it finally appears that this will be the year St Andrew Goldfields will put its Stock Twp. property into production. Reconnaissance surface drilling first identified the …
Measured reserves of fewer than 130,000 tons might seem a touch on the light side for anyone to start talking about a mine. But Skyline Resources is more than just talking about that reserve figure fo…
Faced by imposition of an unexpected 25% export duty on shipments of ferronickel from the operations of subsidiary Falconbridge Dominicana C por A in the Dominican Republic, Falconbridge Ltd has halte…
In a week when a number of issues posted substantial gains, the Louisiana Mining issue lead the way with a 65 cents increase on its share price. According to Louisiana, the shares were responding to …
The Gaspe Copper division of Noranda Minerals at Murdochville, Que., has set up an initial fund of $1 million to help former employees at the Gaspe Copper mine dispose of their homes in Murdochville. …
In a strong financial position today compared with recent years, Belmoral Mines will be placing more emphasis on exploration and development, says the company’s new president. “We have to dedicate our…
A 10,000-ft drill program carried out by Golden Zone Developments has extended the mineralized zones in the breccia pipe on its Golden Zone gold- silver prospect in south-central Alaska. The Golden Zo…
The legal battle surrounding ownership of the Page Williams mine in the Hemlo gold camp in northern Ontario has moved on to the next — and final — stage. The Supreme Court of Canada has given Lac Mi…
A new partnership, designed to search for and acquire gold reserves in North America, is being formed by Minorco and Inspiration Resources Corp. The partnership will consist of all the assets of Inspi…
Villeneuve Resources has signed an optioned agreement giving the company the right to earn a 100% interest in 93 claims near Sturgeon Lake in northwestern Ontario. Located near the former producing St…
Work on the first stage of a phase- two exploration program is expected to start shortly on the property of White-Guyat Mining in Munro Twp., north of Kirkland Lake, Ont. President John White says the…
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