News



Magma Tintaya labor contract unique for Peru

The Peruvian subsidiary of Arizona-based Magma Copper has ratified a long-term labor contract with its unions.The agreement is unusual in that it commits Magma Tintaya and the unions to a 5-year agree…



FACTS’N’FIGURES — Mine openings and closures

As a result of recoveries in metal prices in the second half of 1994, the year ended on a positive note for mining in Canada. A total of 12 mines opened or reopened in 1994, while nine closed or suspe…


NEWS ROUNDUP — Glimmer ends talks with Dragon

Discussions have ended between two Vancouver-listed juniors regarding financing for the Hislop Twp. gold property in northeastern Ontario,The property is owned by Glimmer Resources.According to Glimme…


Antares trenching at Lady Lina

Trenching on the Lady Lina gold property in Zimbabwe has uncovered oxide mineralization over a strike length of 110 metres.Antares Mining & Exploration (TSE) completed five trenches in an effort to te…


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…



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…


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