1986

A deal between Hecla Mining Co. and Highwood Resources could lead to construction of a specialty metals mine as early as next year, Highwood President D. G. Thomas says. The deal, which was signed in …

The mining industry in this country, heavily dependent on export mar kets, is unquestionably hurting, though hardly as sorely as is the oil and gas sector. Root of the malaise is the fierce foreign co…

McGarry Minerals, which reports completion of an exploration/evaluation program on its Cairo Twp., Ont., gold prospect, says no further work or expenditure on the property is warranted. The program co…

A diamond drill program is scheduled to begin this month on its Anderson Lake and Pilot properties in the Bralorne area of B.C., reports X-Cal Resources President Shawn Kennedy. Drill sites are being …

A major exploration program financed by Chevron Minerals has outlined significant gold mineralization on a property in the Yukon held under option from Vancouver-based B.Y.G. Natural Resources. What i…

Giant Bay Resources, which had hoped initial mining from its Gordon Lake gold property in the Northwest Territories could have been open pit, says that possibility “now seems highly unlikely.” The com…

Wednesday close, Oct 1 Word that Quebec prospector Peter Ferderber backed by a syndicate of 12 investors had made a significant platinum discovery north of Schefferville, Que., added to Mazarin’s fort…

What is so far a small but very rich zinc-silver-copper deposit near Matagami in northwestern Quebec is being put into production by Noranda Minerals at a cost of $35 million. Site preparation on the …

Dome Mines, (with 24%), emerges the dominant shareholder of Falconbridge Ltd. as the result of the sale by the Canada Development Corporation of the CDC’s 10.5 million common share holding in Falconb…

A major percentage of auto batteries in North America may soon be produced using advanced manufacturing technology developed by a subsidiary of Cominco Ltd. The unique process was developed by Cominco…

While there is concern, there could be more smoke than fire in Queb ec Mines Minister Raymond Savoie’s statement (in a front page article in last week’s issue of this paper) that the federal governmen…

Diamond drilling has started on Duration Mines’ Casa Berardi property with one drill rig and a second rig scheduled to start shortly, reports President David P. Rogers. The Casa Berardi claim group, i…