The first major company to acquire an indirect stake in the Voisey Bay discovery in Labrador will also be the primary contractor for a mining-milling feasibility study of the nickel-copper-cobalt proj…
While Montana sapphire producer American Gem’s (TSE) placer mines and heat-treatment plant are both on stream, cutting the mined and treated stones is proving to be a major bottleneck. Company Preside…
The cyanide spill at the Omai gold mine in north-central Guyana has been contained, and owners Cambior (TSE) and Golden Star Resources (TSE) hope the government will allow them to resume operations in…
A decision to proceed with development of the Rambler Tailings project near Baie Verte, Nfld., should infuse considerable cash into the coffers of NovaGold Resources (VSE).The company acquired the pro…
Reading the recent Odds `n’ Sods article about the Quirke mine flood of 1956 (T.N.M., Aug. 14/95) brought back a “flood” of memories of yet another water inflow at the Elliot Lake operation, some 33 y…
Etruscan Enterprises (VSE) is intensifying drilling at its Koma Bangou gold property in Niger, West Africa.The company is using two diamond drills, one reverse-circulation drill and a truck-mounted au…
Armada Gold (ASE) has calculated new reserve figures for the Taseevskoye gold deposit in southeastern Siberia, following reviews of a prefeasibility study.Australian geostatistical consulting firm Geo…
Financing is at hand for the Brewery Creek gold project in the Yukon.Project owner Loki Gold (TSE) has formed an underwriting group to raise $25 million in equity financing. Pricing on the issue has n…
Australian Photogeological Consultants is aiming to complete Landsat (satellite) mapping from Patagonia to Ecuador within the next two years.Most recently, the firm completed a multiclient study carri…
The Prospectors and Developers Association of Canada (PDAC) has received copies of the 8-volume Environmental Impact Statement (EIS) for the Dia Met Minerals-BHP Minerals diamond joint venture in the …
Exchg. Value($000s)HighLowCloseChange Inco Ltd T110332$50 5/84848 5/8-2Barrick Gold T95472$35 7/834 3/834 3/8-5/8Placer Dome T81649$37 1/235 3/436- 1/4Cambior Inc UnT70005…
The lack of interest from institutional investors, coupled with a stronger Canadian dollar, left the Toronto market quiet as the TSE 300 composite posted a marginal loss. For the 5-day report period e…
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