Players continue to shy away from the ailing Vancouver Stock Exchange. The composite index closed down 4.03 points at 694.76, while the resource index finished up 2.84 points at 1,108.20 for the repor…
The chief of the Dawson First Nation, Steven Taylor, says mining companies have to recognize that, with the implementation of First Nation self-government, aboriginal people will want to play a larger…
A US$900,000 exploration program is under way on the Ianna property in northwestern Guyana. Canarc Resource (TSE) can earn up to a 65% interest under a joint-venture agreement with Guyana-based Roraim…
Lower mining grades during the second quarter ended Dec. 31, 1994, adversely affected earnings for Glamis Gold Mines (TSE). The company reported net income of US$95,000 on revenue of almost US$9 milli…
With a 3-pronged approach to exploration, Santa Fe Pacific Gold (NYSE) has become one of North America’s most aggressive exploration-oriented gold mining companies. Its strategy involves exploring aro…
Two companies — Lithos (ME) and Raymor Resources (ASE) — have acquired a lithium property in Lamothe Twp. in northwestern Quebec. Each company has bought a half interest from Georges Dumont, who wil…
Chile is best known for its front-ranking copper deposits, but a major exploration initiative by Barrick Gold (TSE) is aimed at placing the South American country on the map as a leading gold producer…
Building new mines has never been an inexpensive proposition but today, with costs skyrocketing, it makes one wonder about the return on investment that can be expected from a billion-dollar project. …
After years of relative quiescence, exploration activity is once again on the upswing in Ontario’s prolific Kirkland Lake gold camp. With a past production history totalling nearly 39 million oz. gold…
In recent months, Valdez Gold (VSE) has been assembling a large land position within the Altar gold trend, a geologic province in Mexico’s Sonora state which is viewed as having similarities to gold-p…
This year, Cumberland Resources (VSE) and Comaplex Minerals (TSE) plan to spend more than $3 million on their Meadowbank and Meliadine gold projects in the Northwest Territories. Work on Meadowbank, s…
Exploration successes, particularly in remote regions of Canada, usually result from good properties, exploration know-how, persistence, and a dash of luck. One junior hoping its properties will benef…
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