Rhonda Mining (RDM-A) will carry out drilling and mapping on the Epworth lead-zinc-silver property, 450 km north of Yellowknife, N.W.T.The program, which is expected to start in June, will consist of …
A subsidiary of Barrick Gold (ABX-T) has dropped its option to earn a 60% interest in 52 of the 138 claims that comprise the Michaud property, near Timmins, Ont.Lac Exploration has opted to forgo furt…
Falconbridge (FL-T) reports that its Raglan nickel mine on northern Quebec’s Ungava Peninsula is expected to reach its rated capacity of 21,000 tonnes of contained nickel by mid-1998.The $570-million …
Junior Patrician Gold Mines (PXX-A) has begun a diamond drill program on its wholly owned Powell Twp. gold property near Matachewan, Ont.The company established an exploration grid in March, and magne…
A tailings dam failure at the Los Frailes mine, about 30 km northwest of Sevilla, Spain, has flooded a large area of farmland, and Spanish authorities are considering pressing charges.The mine, owned …
When Ottawa-based junior Orezone Resources (ORZ-T) took on a gold exploration property in southwestern Burkina Faso, it had no clear idea where to find gold. But on top of that, it didn’t even know wh…
Murray Pezim, a Vancouver-based stock promoter best known for his role in the discovery of the Hemlo gold camp in Ontario and the Eskay Creek gold mine in British Columbia, has died. He was 77.Born in…
Not to be outdone by rival nickel producer Inco (N-T), which is advancing an enormous nickel-cobalt resource at the Goro property in New Caledonia, Falconbridge (FL-T) has agreed to participate in the…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Apr.28/98 (change from Apr. 21 in brackets):MetalStock(tonnes)Change…
The Dow Jones Industrial average was down over the April 22-28 report period, closing at 8,898.96 on fears of higher interest rates in the bond market. The Dow slipped 285.98 points (or 3.1%), includi…
Anmercosa Exploration, a subsidiary of South African-based Anglo American, has defined five gold exploration targets in Tanzania from a database provided by joint-venture partner Serengeti Diamonds (S…
The Tulsequah Chief polymetallic mine in northwestern British Columbia was given a new lease on life earlier this year when the provincial government officially approved a proposal to reopen the forme…
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