1989

An additional $420,000 is being allocated to a drilling program under way at the zinc-silver-gold Grevet M property in northwestern Quebec, partners VSM Exploration (ME) and Serem-Quebec report. The f…

The Star Lake gold mine has been closed following the depletion of its orebody, Cameco — a Canadian Mining and Energy Corp. says. Located near La Ronge, Sask., the mine opened in Jan. 1987 wih a 2.5-…

A Scottish gold mine is in the works. Broker James Capel recently reported Ennex International is exploring the Cononish property at Crianlarach, 60 miles northwest of Glasgow, and to date has defined…

The lessons learned by companies developing small mines in Canada may soon be applied to mine development elsewhere in the world. That is the aim of Small Mining International, an international agency…

Two blocks of claims in the Lac St. Jean area of Quebec have been acquired by Toronto-based Regal Goldfields (COATS). According to President Douglas Bannerman, the first property comprised of 18 claim…

Oneida Resources (VSE) has received encouraging results from initial exploration on its Mexican Hat property in Cochise Cty., Ariz. Of 74 surface samples taken, 36% assayed in excess of 0.01 oz gold p…

Toronto-based Santa Maria Resources (TSE) has acquired an additional 174 claims in the Muskeg Lake area of northern Ontario. The property is located west of the town of Pickle Lake, and is underlain b…

Union agreements do not require Campbell Resources (TSE) to keep its S-3 mine open as recently reported (N.M., Mar 20 /89). Campbell is exploring for additional reserves in the hope of prolonging the …

Dumagami Mines (TSE) was expected to announce a merger with Agnico-Eagle Mines (TSE) at Dumagami’s annual meeting, but the issue didn’t even come up until after the meeting when company representative…

An evaluation by Newmont Gold Company (NYSE) of drill results from 16 properties in the Carlin belt has increased its proven and probable reserves by 9% to 16.3 million oz of contained gold. These res…

Vancouver-based Neptune Resources (TSE) has secured the $90-million project loan it needs to complete plant and mill construction at the Colomac gold project in the Northwest Territories. A consortium…

After an 8-year shutdown, the Copper Cliffs mine and mill complex in western Idaho is being reactivated by Silver King Mines (NASDAQ) and Pacific Silver Corp. (NASDAQ). The Utah-based companies operat…