Governments in Canada have the power to give mining companies the right to develop the country’s mineral resources. They also have the responsibility of making sure companies use the best available te…
The retirement of a Supreme Court of Canada judge could result in another appeal hearing in the ownership dispute over the Page- Williams gold mine in the Hemlo area of northern Ontario. Justice Willi…
Ongoing concern about the direction of the economy and gold’s dismal performance managed to keep investors on the sidelines for yet another week. The prolonged market slump has taken its toll on even …
Possible and probable reserves at the Grevet M property in northwestern Quebec, northeast of Quevillon, stand at 2.1 million tonnes grading 8.72% zinc, project partners Serem-Quebec and VSM Exploratio…
American Reserve sells 60% of Timmins project Vancouver-based American Reserve Mining Corp. (VSE) has sold a 60% interest in its Paymaster gold property at Timmins, Ont., to Placer Dome Inc. (TSE) for…
Exploration is scheduled to begin in June on a zinc-lead-silver property in the Northwest Territories recently optioned by Ego Resources (TSE). Ego has an option to earn a 100% interest in Initiative …
A recent study of Gamsan Resources’ (ASE) Brabant Lake polymetallic deposit in northern Saskatchewan concluded that current reserves are inadequate to justify development of a mine. The study was done…
Fill-in drilling, surface trenching, column-leach tests and a heap leach feasibility study have been completed by Win-Eldrich Mines (TSE) at its Ashdown property in Humboldt Cty., Nev. The company say…
As a result of confusion regarding the future direction of interest rates, volumes were generally low on the Alberta Exchange this week. However, the lack of trading activity didn’t preclude a sudden …
After a year-long shopping spree for acquisitions, Northgate Exploration (TSE) has emerged looking more like a complex holding company than the exploration firm its name suggests. In its quest to acqu…
Aiming for a production level of one million ounces in the early 1990s, Homestake Mining (NYSE) boosted gold output to 781,458 oz in 1988, a 15% increase from the previous year. According to Harry Con…
Two properties near Lac St. Jean, Que., have been optioned to related companies Golden Dragon Resources (VSE), Tarzan Gold (ASE), Cross Lake Minerals (VSE) and Glen Auden Resources (TSE). All but Glen…
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