Minnesota ponders copper-nickel deposits
A subcommittee of the governor’s Task Force on Mining and Minerals, charged with looking at the future of copper-nickel mining in northeastern Minnesota, has recommended that the state fund a $371,500…
News
DIAMOND NEWS ROUNDUP — BHP reports improvement in grade for
Results from diamond evaluations on the N.W.T. Diamonds project near Lac de Gras indicate an improvement in the grade of the Fox pipe. Last year, BHP Diamonds mined a 6,915-tonne sample from a decline…
Mines boost Prime’s bottom line
The Eskay Creek gold mine in northwestern British Columbia is up and running. The initial shipment of crushed and blended ore, destined for smelters in Japan and eastern Canada, was made early this ye…
Ashanti seeks opportunities
Ghana’s major gold producer, Ashanti Goldfields, plans to expand into other African countries via a new subsidiary, Ashanti Exploration. Nick Laffoley, head of Ashanti Exploration, told Knight-Ridder …
RFC program boosts Pend Oreille
Underground exploration by RFC Resource Finance (TSE) is enhancing the overall potential of the Pend Oreille project in northeastern Washington state, about 100 miles from Spokane. After incorporating…
Detector drills Pistol Lake zone
Junior explorer Detector Resources (ASE) has completed a 4,590-ft. drill program on its Pistol Lake property, 55 miles west of Thunder Bay, Ont. Previous work identified anomalous gold values over a 2…
Cambior follows yellow brick road
For the fifth year in a row, Cambior (TSE) has increased the level of its gold output. The Montreal-based company cranked out 522,077 oz. in 1994, compared with 518,083 oz. in the previous year. The o…
Pamlico returns gold values
Significant gold values have been encountered on the Pamlico property in Mineral Cty., Nev. VSE-listed partners Cactus West Explorations and Pamlico Gold report that drill hole PRC-28, at the northern…
Diamond Fields reports new Voisey Bay results
Results are now in from the last three holes drilled at Diamond Field Resources’ (TSE) Voisey Bay nickel-copper project on the northeastern coast of Labrador. Early drilling (holes 94-1 to 94-4) focus…
Cuban copper project yields gold
While conducting work towards a final feasibility study on the Mantua copper project in Cuba, 50% owner Miramar Mining (TSE) identified three previously unrecognized forms of gold mineralization. One …
La Colorada turns up more gold
Stepout drilling at La Colorada, a mine property east of Hermosillo in Sonora state, Mexico, continues to return wide intersections of oxide gold mineralization. Eldorado (TSE) owns and operates an op…
Adex Mining drilling boosts Mt. Pleasant reserves
A “wildcat hole” has Adex Mining (TSE) confident that tin mineralization is continuous between two known structures at the Mount Pleasant mine property in New Brunswick. Adex is funding prefeasibility…