News

Correction (March 27, 1995)

The Logjam Creek property of Regional Resources (TSE), situated along the British Columbia-Yukon border, contains reserves of 330 million tonnes grading 0.095% tungsten and 0.045% molybdenite, not 0.4…




Laminco drilling San Antonio

A follow-up program of reverse-circulation drilling is assessing the bulk-tonnage potential of gold mineralization on the San Antonio property in Mexico’s Sonora state. Owner Laminco Resources (TSE) r…


EDITORIAL PAGE — Those not-so-nice Canadians

What is happening to those nice Canadians? We used to be famous around the world as the kind and gentle nation that knew its place in the bigger scheme of things. And as the media pundits see it, we’v…


Eldorado to boost production

A dramatic increase in the resource base of the Colorada gold mine has prompted owner Eldorado (TSE) to project a rise in output to 100,000 oz. by 1998. Situated in Mexico’s Sonora state, the open-pit…



CIM to preview Vietnamese mining opportunities

The Canadian Institute of Mining, Metallurgy and Petroleum is hosting a talk on mining opportunities in Vietnam at a noon luncheon on March 31. Jed Dagenais, vice president and senior mining consultan…


Royal Oak boosts output

Record gold production of 318,171 oz. in 1994 generated $33.2 million in operating cash flow for Royal Oak Mines (TSE). Net earnings for the year amounted to $22.1 million on revenue of $162.1 million…


Sikaman boosts stake in projects

Toronto-based Sikaman Gold Resources (TSE) has concluded negotiations with Cormine S.E.P. to acquire a 100% interest in the Neuquen and Cerro Mayal gold projects in the province of Neuquen, Argentina….


Prospectors vote for name change

Members of the Prospectors Club in Nova Scotia voted recently in favor of a name change: the Nova Scotia Prospectors Association. Douglas Boddy of Lower Five Islands was elected president. He is joine…



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