Glen Auden drills Casa Berardi play
Junior Glen Auden Resources (CDN) is planning a drill program on a 142-claim property near Casa Berardi, Que., optioned from Noranda (TSE) and Hemlo Gold Mines (TSE). A series of holes, spaced at 50-1…
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Asarco bids for Russian gold mine
A joint-venture company 25%-owned by Asarco (NYSE), Kamgold, has won a bid to develop a gold mine 50 miles west of Milkova on the Kamchatka Peninsula in northeastern Russia. By mid-1995, the company e…
River Gold reports encouraging results
Early results from drilling at the Eagle River gold property confirms that the No. 8 zone consists of a series of closely spaced, high-grade, plunging lenses and that No. 6 is a continuous, high-grade…
Development under way at Nixon Fork
Exploration and development are in full swing at Consolidated Nevada Goldfields’ (TSE) Nixon Fork project in west-central Alaska. The company has completed about 1,800 ft. of advances on two declines …
Pan American acquiring silver project in Mexico
An agreement to acquire the Pedernalillo tailings project in Zacatecas, Mexico, gives Pan American Minerals (TSE) another potential silver producer. The purchase price was not released, although Presi…
Commodity index in seasonal decline
Commodity prices drifted seasonally lower in early summer and helped to pull down the Bank of Nova Scotia’s commodity price index by 2% in July. Gains in the metal-and-mineral and oil-and-gas sub-inde…
Viceroy reviewing ground in Argentine provinces
TSE-listed Viceroy Resource has sent its exploration team to Argentina to review prospective gold properties in five provinces covering more than 220,000 hectares. The move is in keeping with the comp…
Zinc industry facing period of uncertainty
Not unlike the past 18 months, the next 10 years will be a period of significant change and uncertainty for the zinc industry, says Brook Hunt & Associates of England. The research firm, in its study …
New ownership at Geonics
A previous owner of Geonics Ltd. has re-acquired the firm. Duncan McNeill, along with a senior management team at Geonics, bought shares of the company from Swedish Geological AB, which is operated by…
ODDS’N’SODS — The serendipity deposit (1)
This is the story of the discovery of what was once — under odd circumstances — considered an important ore deposit. Some might say the spooks were at play; other, more religious folk might surmise …
Pickard speaking at CIM luncheon
The president of Falconbridge will be the guest speaker at the Sept. 22 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Frank Pickard will speak on “the n…
Abandoned mines focus of hunt
Researchers at the University of Nevada in Reno are collaborating with the U.S. Bureau of Land Management to help track down the state’s abandoned mines. “No one has ever attempted to identify every a…