The joint-venture team of North American Rare Metals (ME) and Dundee-Palliser Resources (TSE) has now finalized an agreement with Kennco Explorations to purchase all of that firm’s rights and interest…
With nickel and copper prices continuing strong, Umex Inc. has been quietly re-examining the potential of its shutdown Thierry mine at Pickle Lake, Ont. Umex closed the low grade copper-nickel produce…
New Brunswick experienced a marked increase in the value of minerals produced in 1988 over 1987 values. Natural Resources and Energy Minister Morris Green has released preliminary figures which show t…
The first hole in a winter drill program at Moneta Porcupine Mines’ (TSE) Michaud Twp. property 70 miles east of Timmins, Ont., has intersected 0.47 oz gold per ton over a core length of 12.1 ft. The …
Nevada had a long history of mining booms and mining busts when gold in commercial quantities was discovered in the Carlin Trend. By the latter half of the 1980s, what was happening in Nevada was reco…
Like many junior explorers, Toronto-based Glimmer Resources (TSE) is attempting to survive in the current market climate by vending out the properties in its portfolio to larger companies. “We look fo…
Unexpected but welcome rumblings in the uranium industry. First, Denison Mines announces plans to shed its oil and gas holdings and commit to uranium as its core business. Uranium was the mineral up…
Despite the decline in uranium prices during the past year, Uranium Resources (VSE) posted record earnings for both its fourth quarter and fiscal 1988. The Dallas-based company produces uranium in Sou…
Toronto-based junior Goldquest Exploration (TSE) has signed a letter of intent with Chevron Minerals whereby the latter may earn a 50% interest in certain properties belonging to Goldquest in the Red …
Long awaited government approval to begin test milling and mining at the Surlaga gold mine and mill complex near Wawa, Ont., has finally been received by Citadel Gold Mines (TSE). The recent approval …
World prices for nickel rage on as the base metal continues to bring a smile to producers and investors alike. Low inventories and strong demand, especially from the stainless steel sector, have combi…
Having acquired a 25% interest in the Duquesne gold project about 19 miles north of Rouyn-Noranda, Radisson Mining Resources (ME) reports it plans to purchase the remaining 75% interest as well. And, …
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