News

Rayrock Yellowknife Resources (TSE) has entered an agreement with First Marathon Securities for a private placement of 500,000 subordinate voting shares at $12.125 per share for gross proceeds of almo…

James Andrews appointed president and director; David Rinker, Lakhwinder Janda, J. Andrusko, Michael Sanguinetti and Carl Forbes appointed directors.

Robert Adsit appointed vice-president, U.S. marketing and public relations.

Tucked away in the tranquil fjord country of northern Vancouver Island, the Island Copper mine of BHP Minerals Canada is becoming the focus of some unfamiliar media attention. This large open pit has …

The first phase of an exploration program near the town of Kwe Kwe, Zimbabwe, has turned up a gold discovery, Caledonia Mining (TSE) and its 48%-indirectly-owned subsidiary, Reunion Mining (Zimbabwe),…

Encouraging preliminary results were received from rock-chip sampling one kilometre west of the Asia Pacific copper porphyry deposit in the Philippines, partners Starmin Mining (TSE) and Adex Mining (…

Home Ventures (VSE) has intersected a strong zone of pyrite and blue quartz mineralization in a second drill hole at the McGarry Twp. gold property near Larder Lake, Ont. The property, two miles east …

Two unlisted companies, Marmora Mineral Products and Gitennes Exploration, plan to amalgamate, and the new company, to be known as Gitennes Exploration, is expected to trade on the Canadian Dealing Ne…

Amax Gold (NYSE) and Freegold Recovery (VSE) have agreed in principle to explore and develop the Golden Summit property in Alaska. Amax can earn a 51% interest by spending US$5 million over six years….

The Castle Mountain mine, in eastern California, produced 104,105 oz. gold in its first year of operation. Viceroy Resource (TSE), operator and 75% owner, said a monthly record of 10,297 oz. gold was …

It seems every developing country in the world is laying out the red carpet for Canadian mining companies. At home in Canada, the carpet has been rolled up and packed away. Part of the blame rests wit…

The Mines Accident Prevention Association of Ontario (MAPAO) has given Boart Canada its 1992 Award of Excellence in safety and loss control. The annual award recognizes the company that reduces medica…