Louvicourt mine up and running
With the first shipment of copper concentrates having been delivered in August, the Louvicourt mine near Val d’Or, Que., is well on its way to becoming Canada’s next major base metals producer. The mi…
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Bissett moves forward
Toronto-listed Rea Gold is set to begin the engineering work required to complete a final feasibility study of the Bissett gold project in eastern Manitoba. The decision was made on the basis of resul…
American Bullion expands Red Chris
A 58-hole drill program has wound down at the Red Chris porphyry copper-gold deposit in northwestern British Columbia. American Bullion Minerals (VSE) holds an 80% interest in the project, while Teck …
STOCK MARKETS — Higher bond yields attract investors
The Toronto Stock Exchange (TSE) took another beating this week, as nervous investors dumped their shares in favor of higher interest-bearing investments, such as bonds. This exit from the equity mark…
STOCK MARKETS — Cinola JV was bright spot in lacklustre
The Vancouver Stock Exchange composite and resource indexes continue to reach new lows for the year. For the report period ended Nov. 22, the composite index dropped 32.22 points to close at 762.98. T…
EXPLORATION ’94 — Northern diamond play loses some momentum
The Northwest Territories diamond play has had its high and low points during the past two years. One of the lowest was the evaporation, some months ago, of hundreds of millions of dollars in sharehol…
EXPLORATION ’94 — Exploration activity at Ontario mining
Despite the flurry of exploration being conducted by Canadians around the world, many companies continue to search for mines in the major mining camps of Ontario. Most of this activity is centred arou…
EXPLORATION ’94 — Search on for gold, base metal deposits at
During the previous few years, mining people here have not seen significant exploration activity in the Red Lake area. In 1994, however, several major and a few junior resource companies have again fo…
EXPLORATION ’94 — Lenora preparing feasibility study for
Mining in this part of northern Saskatchewan ceased more than 10 years ago, leaving the town with few people and limited prospects. One thing that did not change was the geology and the potential for …
EXPLORATION ’94 — Exploration spending in the Yukon on the
A positive mood is prevailing among junior mining companies active in the Yukon. Exploration spending increased to more than $30 million this season, economic deals have been signed with First Nations…
EXPLORATION ’94 — Contacts count when exploring Asian mining
Expectations are that Asia will be the next mineral exploration “hot spot.” Huge local markets (the total population is more than 2.5 billion), the potential to supply this market and the opening up t…
EXPLORATION ’94 — Drills turning throughout Ontario’s
Drills can be spotted in just about every corner of the Porcupine camp, but at this stage results are sparse. All eyes are on Finnish giant Outokumpu Mines and its exploration program under way in Mon…