A public financing of $8.1 million has been arranged by Lyon Lake Mines (ME) to fund exploration at the company’s Belleterre and Mosquito gold properties. After spending $4.5 million to explore the tw…
Unfortunately, Canada’s policy of contributing public funds to smelter modernization programs nation-wide appears to have run smack into a conflict with our foreign policy with regards to apartheid in…
The federal government has announced its participation in a $300-million pipeline to Vancouver Island. In its support of the coal mining industry (editorial Aug 1) The Northern Miner should comment on…
A 2-day workshop sponsored by the Canadian Continental drilling program and the Geological Survey of Canada will be held on Nov 23 – 24, in Building 3, Observatory Crescent, Ottawa, to stimulate discu…
Hectic over-the-counter trading in a non-mining issue startled the COATS market this week, with Air Canada’s costly $12 million public debut shaking the lethargy. Floated at $8 a share with a nudge fr…
In a week in which nickel companies and the price of gold, which continues to ride under $400(US) per oz, shared the news spotlight, trading on the ME surged forward, with the market portfolio gaining…
Calgary-based Durga Resources (ASE) has encountered anomalous gold and arsenic values over a large area at its Ban claims in the Northwest Territories. The Ban claims are adjacent to Echo Bay Mines’ (…
If mining companies are to maintain their vitality and provide increased value for their investors, ore reserves must be continuously replaced at a rate greater than they are depleted by mining. Put b…
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 4 Oct 3 Sept 30 Sept 29 Sept 28 Copper 1535…
Black Cliff — N. Kacira bought 30,000 (Aug) to hold 96,000. Cominco — Teck Corp. bought 1,217,400 (July) to hold 3,995,082. Denison — Estate of S.B. Roman holds 751,244 class A; 826,368 class B sha…
Eastmaque Gold Mines (TSE) has agreed to participate in an exploration program in Papua New Guinea. Over the next six months, Eastmaque will spend $190,000 on the project. For the year ended June 30, …
A review of exploration programs at the Hirst- Chichagof and Chichagof mine properties in Alaska has led to a decision by Golden Sitka Resources (VSE) to suspend further work at its Chichagof project …
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