Cusac restarts Table Mountain mill
Milling has resumed at the Table Mountain gold mine in northern British Columbia.Owner Cusac Industries (TSE) shut down the 300-ton-per-day mill last fall so that it could focus on outlining additiona…
1995
Yamana, Noranda explore Fin del Mundo project
As the search for base metals becomes more and more difficult, many Canadian exploration companies are venturing farther and farther abroad.Exemplifying this trend are Yamana Resources (TSE) and Noran…
Hemlo expects growth from project portfolio
First-quarter production from Hemlo Gold’s (TSE) two Canadian gold producers was higher than anticipated, and overall production is expected to expand further.Hemlo’s wholly owned Golden Giant mine ne…
Murgor drilling continues
More assay results were released by Murgor Resources (VSE) from drilling on its gold property in Quebec’s Barry Twp.The junior reported results from seven holes of its second-phase, 8-hole program. Al…
Coeur d’Alene, Echo Bay at odds over Kensington
A dispute has arisen between partners Coeur d’Alene Mines (NYSE) and Echo Bay Mines (AMEX) over their Kensington gold project in southeastern Alaska.Based on its understanding of the terms of the agre…
Private placement to fund Bumbat
Proceeds from a private placement will enable Mongolia Gold Resources (VSE) to carry out exploration and development work on its 49%-owned Bumbat gold project in Mongolia.The financing will consist of…
Nugget completing joint-venture deal
By spending more than $500,000 on exploration work at Hawkins Hill at the Hill End gold property in New South Wales, Australia, Nugget Resources (ASE) has earned a 45% interest in the project.A drilli…
Teck buying stake in Diamond Fields
After weeks of speculation, a senior mining company has finally emerged and made a bid to acquire a piece of Canada’s hottest new base metal discovery.Mining conglomerate Teck (TSE) will purchase 3 mi…
Reno symposium attracts global crowd
It was yet another sign that North America’s mining industry is growing in scope when 1,200 explorationists from around the world converged on this gambling centre to attend a geological symposium.The…
EDITORIAL PAGE — Bigger and bigger
Just when you thought you had heard it all, along comes another takeover bid in the always interesting mergers and acquisitions game.The latest activity on this front is in the auto industry, with con…
Verdstone, Amcorp plan work
Partners Verdstone Gold (VSE) and Amcorp Industries (VSE) are set to begin a $50,000 work program on the Marion copper-gold property in British Columbia.Trenching and mapping will test the continuity …
Meetings (April 24, 1995)
May 1, Canabrava – annual, generalMay 1, Copperquest – annual, specialMay 1, Southwestern Gold – annual, generalMay 2, Ashton – annual, generalMay 2, Imasco – annual, generalMay 2, Santa Cataline – an…