Diamond exploration and land acquisition were reported to be under way in five provinces, in addition to the Northwest Territories, during the week ended Aug. 25. In Ontario and Quebec, KWG Resources …
A drilling program will begin in early September to further define copper-gold targets identified by Orvana Minerals (TSE) on the Madhat property on Vancouver Island, B.C. The initial drilling program…
Toronto-based Lac Minerals (TSE) has laid off about 5% of its workforce in a bid to lower its overall cash cost from US$245 to US$237 per oz. The layoffs were spread “across the board,” said John Pear…
Mining safety inspectors recently concluded their investigation of an accident which caused the death of a miner at Echo Bay Mines’ (TSE) Lupin gold mine in the Northwest Territories. Chris Pederson, …
The Geological Survey of Canada (GSC) has undertaken a late-summer mapping of geological conditions in Lake Ontario. The survey is being conducted by a team from the GSC’s Atlantic Geoscience Centre i…
We watch with dismay as the Canadian government continues to dump its gold reserves on the world market at a time when low metal prices are threatening the economic viability of numerous gold mines an…
It seems that any significant mineral discovery inevitably results in some sort of lawsuit. “If your project is so good, how come you haven’t been sued?” shareholders ask companies that avoid the cour…
The headline of your article “Hemlo will fund Moss Lake work” (T.N.M., Aug. 24/92) leaves the reader with the understanding that Hemlo Gold Mines will provide Central Crude with the monies needed. Thi…
During the past several months, I have enjoyed reading the news and activities on the exciting diamond front in the Northwest Territories. I do question, however, The Northern Miner’s role in fuelling…
Alexander Daniel (Danny) Hellens, a consulting mining engineer who cut his teeth in the business in Ontario’s Cobalt silver camp, died recently in Toronto. He was 81. Born in Elk Lake, Ont., in 1911, …
All was quiet on the eastern stock markets during the week ended Aug. 25 with investors taking time out to bask in the first spell of sunny, hot weather to descend on central Canada all summer. The To…
Week’s Price (US) Change Gold* $340.35 + $1.75 Silver* $ 3.65 – $0.15 Platinum* $349.50 + $1.75 Nickel** $ 3.30 + $0.04 Lead** $ 0.30 + $0.01 Copper $ 1.14 – $0.02 Zinc $ 0.63 + $0.01 Courtesy of Scot…
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