Cathedral to drill-test Guyanese gold prospect
Drilling will test a northwest-trending structure on the Tallman property in Guyana.Cathedral Gold (TSE) can earn a 90% interest in the property, which is 5 miles from the company’s Hicks project.In a…
1995
Investment funds still eye metals, CRU commodity study reveals
The investment funds that piled into aluminum, copper and other metals between late 1993 and early 1995 are here to stay, according to a study by CRU International, a business consultant in metals and…
Eagle River soars to summer startup
Preproduction development is bringing the Eagle River gold deposit closer to production.Situated some 50 km west of Wawa, Ont., the property is wholly owned by River Gold Mines (TSE). Gold production …
Five B.C. mines win reclamation awards
Five British Columbia mines were presented with awards for outstanding achievement in mine reclamation programs at the 19th annual mine reclamation symposium held recently in Dawson Creek.The top spot…
Queenstake options Kazakh copper projects
Toronto-listed Queenstake Resources can acquire an interest in several oxide copper projects in Kazakhstan.Queenstake can acquire a 100% interest in Resource Development Kazakh (RDK), a Colorado limit…
China takes steps to bring order to tungsten market
China is taking steps to bring some order to its tungsten industry.The country is reported to have halted mining in order to crack down on smuggling and to prevent prices from falling.In particular, a…
Virginia, Diabior work Quebec properties
Two Montreal-listed juniors, Virginia Gold Mines and Explorations Diabior, are busily engaged in northern Quebec.The companies have concluded two option agreements with Soquem on the Eastmain Ouest an…
Summo sums ups Lisbon reserves
The reserves minable by open-pit methods at the Lisbon Valley copper project in Utah have increased to 42.6 million tons grading 0.43% copper. The overall stripping ratio is about 2.2-to-1.Summo Miner…
ODDS’N’SODS — Feeling no pain in Red Lake, Ont.
Prospector Sandy McIntyre discovered and staked the McIntyre Porcupine mine in Timmins, Ont., in 1909. Seventeen years later, he joined the Red Lake gold rush, entering town on snowshoes from the rail…
STOCK MARKETS — TSE 300 makes gains as profit-taking ensues
Strength in the TSE 300 composite index accumulated in the early part of the report week ended July 18, as the leading index broke through the 4,700-point level, setting a record for the fourth consec…
Goldstream mill temporarily down
Milling operations at the Goldstream copper-zinc mine near Revelstoke, B.C., have been temporarily suspended to allow underground development to advance.Partners Goldnev Resources (VSE) and Imperial M…
Dakota reopens Stibnite mine
The Stibnite gold mine in Idaho has resumed operation, following approval from the National Marine Fisheries Service (N.M.F.S.).The open-pit, heap-leach operation is owned by Dakota Mining (TSE), whic…