News

Much of mine maintenance these days is based on the idea you can predict when a machine will fail. The reasoning goes like this: If you know when a component is going to fail and it costs less to repl…

In recent years there has been a great deal of money invested in gold mines — new project financing, mergers, acquisitions and the like. Normally, newspaper reports refer only to the size and financi…

Recovery of gold from cyanide leach solutions can be carried out by zinc precipitation, carbon-in-pulp (CIP) and resin-in-pulp methods. CIP has been generally favored as the method in recently constru…

Contrary to what appeared in The Northern Miner Sept 26, QPX Minerals’ QR deposit has reserves of one million tons at 0.2 oz gold per ton.

From an address to the Financial Times World Gold Conference by Gordon R. Parker, chairman, president and chief executive officer of Newmont Mining Corporation. To talk about financing companies is to…

There’s a lot riding on the Kremzar gold mine 20 miles northeast of here. Not only does Canamax Resources (TSE) expect the mine to be the company’s main gold operation, it marks the first production f…

Toronto-based Bachelor Lake Gold Mines (TSE) has completed the purchase of 750,000 escrowed common shares of Western Premium Resources (VSE), the company said recently. After securing a 100% interest …

The summer doldrums have turned to fall slumbers as investors find less speculative ways to invest their savings. Even though gold climbed out of its recent freefall to close at $400(US) per oz, the e…

A horse head skeleton dug out of the Yukon’s rich archeological closet by a placer mining operation south of Dawson has officials at the National Museum of Natural Sciences in Ottawa elated. They now …

Kerr Addison Mines (TSE) and its subsidiary, Minnova Inc. (TSE) will form a joint venture to explore the 250,000 hectares of exploration property held by the two companies. The joint venture will be f…

Pre-election spending by the federal government has been compared to that of a drunken sailor on shore leave, but such a comparison is grossly unfair. It’s likely to give drunken sailors a bad name. …

It has been likened to buying a billion dollar lottery ticket — the odds are sky high but the rewards could be just as rich. Even though the history of diamond exploration in this country doesn’t sup…