Chairman William James of Falconbridge Ltd. will himself be among tho se to feel the direct effect of recently-announced production cutbacks and layoffs at Sudbury, and other cost-cutting moves by the…
Eldorado Nuclear reports a loss of $13.4 million on revenues of $42.7 million in the second quarter this year, compared with a loss of $2.3 million on revenues of $67.5 million in the similar period l…
A totally unsubstantiated report, just now surfacing, has it that several years ago in the jungles of Java, two geologists lowered into an old mine to check it out were eaten by a 40-ft python lurking…
A surface program on International Damascus Resources’ Joanna 3 and 4 claims in the Toodoggone area of northern B.C. has delineated a fault zone with gold assays returning up to 9,500 parts per billio…
A major program of diamond drilling is being designed to test “many promising target areas” on International Damascus Resources’ precious metals Ox project near Smithers, B.C., reports consulting geol…
Resources can earn an 80% working interest in four placer platinum and gold mining leases in the Granite Creek area near Princeton, B.C. To earn the interest, Catear must spend $250,000 on the propert…
Wednesday close, Oct 8 Trading on the Alberta exchange this week again nosed below the previo us week’s trading level, with just 4,465,900 shares changing hands. Conquest Yellowknife Resources, which…
A full-day course titled Mining Law, is being offered by the Continui ng Legal Education Society of British Columbia. Scheduled for Oct 24, the course will take place in Vancouver’s Four Seasons Hotel…
Wednesday close, Oct 8 Strengthening precious metal prices took their expected effect on VSE-listed gold issues. Although volumes dipped to 60.3 million shares for the week, many issues experienced st…
All underground mining operations at Inco Ltd.’s Garson mine in Sudbury are being temporarily shut down as a result of the latest unexpected fall of ground on Sept 30. Garson mine has unique geologica…
Campbell Resources says it will not proceed with a joint venture proposal with Meston Lake Resources under which a subsidiary of Campbell would have spent $7.5 million to earn a 50% interest in the J…
subject to regulatory approval, with a drilling contractor to conduct a drilling program on its mineral claims in the Cariboo district with a total drilling footage in excess of 1,500 m. In addition t…
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