Shareholders of Winspear Resources (WSP-V) and Antler Resources (AEE-V) will meet in separate meetings on Dec. 2 to decide on the proposed merger of their companies.The new company would retain the na…
The Vancouver Stock Exchange composite index remained flat over the report period ended Oct. 29, closing at 1,112.81, up 2.84 points, while the resource index rose 108.72 points to finish at 2,254.72….
Preliminary work by Robex Resources (RBX-M) at the Diangounte property in Mali has revealed pannable gold in soils and lateritized rock.The property, situated 20 km from the Sadiola gold deposit of Ia…
A tailings spill last March at the Marcopper mine in the Philippines resulted in an US$8-million consolidated loss (or US3 cents per share) for Placer Dome (PDG-T) in the first nine months of fiscal 1…
Junior Golden Rule Resources (GNU-T) has received encouraging gold assays from parts of two trenches in the Agyakra area of the Stenpad property, in western Ghana.The 6,938-ha concession, situated in …
At a new laboratory at the Geological Survey of Canada (GSC) in Ottawa, experts will be able to date mineral samples in minutes instead of days.The first of its kind in North America, and only the fou…
Dr. Michael Sopko is chairman and chief executive officer of Inco and chairman of the Mining Association of Canada. He has written this article at the request of Keep Mining in Canada, a grassroots ca…
The use of gold in coins increased to 3.3 million oz. last year, compared with 2.5 million oz. in 1994, representing a rise of 32%.A report entitled Modern Gold Coinage 1995, published by The Gold Ins…
Nonferrous exploration expenditures climbed to $3.5 billion in 1995 from $2.7 billion last year, according to a survey by Nova Scotia-based Metals Economics Group.The increase is partly the result of …
The Oro Venteada gold property in Peru will be explored by Alberta-based Detector Resources (DTR-A).The 800-ha property, which was previously worked by artisanal miners, lies in the Nazca-Ocona metall…
Drilling on the 225,000-acre Troymin property near Hinton, Alta., has been postponed until the new year, as a result of winter weather conditions.Nine potential kimberlite targets, identified by geoph…
Teck (TEK-T) has discovered 56 kimberlites at the Canabrava diamond project in Minas Gerais state, Brazil.The major, which can earn an initial 60% interest in the project from Canabrava Diamond (CNB-V…
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