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Cameco pushes ahead with second gold mine

Concrete will start pouring later this month on the foundation of Cameco’s (TSE) second gold mill in northern Saskatchewan. Situated in La Ronge Provincial Park, a popular canoeing and fishing area, t…


METALS PRICES — FREE MARKET (July 25, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date July 19 July 18 July 15 July 14 July 13 Copper 2473-2474 2453.5-2454.5 2470.5-2471.5 2466.5-2467.5 2229-2230 Lead 595.5-596.5 592.5-593….


Miramar mining streamlines Con mine

By world standards, the Con mine is a premier orebody, having produced more than 4.7 million oz. gold since its startup in the 1930s. The property, situated just south of here, was first staked by Com…


Further Meliadine drilling planned

A second phase of drilling on the Meliadine project near Rankin Inlet, N.W.T., is expected to get under way shortly. Partners Comaplex Minerals (TSE) and Cumberland Resources (VSE) recently completed …


Skip slips at Inco mine

An ore-hoisting device known as a skip has plummeted to the bottom of the main T-1 mine shaft in Thompson, Man. No one was injured, according to a report by Inco (TSE), as the incident occurred July 1…


Waddy awaiting sample results

Results of Waddy Lake Resources’ (TSE) evaluation of its Komis deposit at La Ronge, Sask., should be available by the end of July, as sample concentrate undergoes the last phase of testing. The $5.6-m…


THE LATIN BEAT — Peruvian Gold expands ground

Encouraging preliminary results from exploration of the Mont Dor leases in southern Peru have prompted Peruvian Gold to apply for a further 13,000 hectares in the area. The company’s current lease are…


THE LATIN BEAT — TVX options Brazilian gold play

TVX Gold (TSE) can acquire the Natividade gold property 550 km north of Brasilia, the capital of Brazil. The property comprises 230,000 hectares and hosts numerous gold occurrences that have been work…


Rea Gold to spend $3m to revive Bissett gold mine

Rea Gold (TSE) will spend $3 million in an effort to add 1 million tons of reserves to the existing 1.5-million-ton mineral inventory at the Bissett gold mine project in Manitoba. Between 1932 and 196…


NEWS ROUNDUP — Louvem acquires Peruvian gold play

Toronto-listed Louvem Mines has acquired a 12,350-acre, gold-bearing, gravel property in southern Peru. Situated near Nazca on the costal plain, the ground was staked at a cost of US$10,000. The gold-…


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