During the previous few years, mining people here have not seen significant exploration activity in the Red Lake area. In 1994, however, several major and a few junior resource companies have again fo…
Mining in this part of northern Saskatchewan ceased more than 10 years ago, leaving the town with few people and limited prospects. One thing that did not change was the geology and the potential for …
Denver-based Dakota Mining (TSE) intends to ensure that another Denver-based company, Atlas (NYSE), is legally bound to honor an agreement concerning the acquisition of shares. The letter of intent co…
The first ore from the Iron Colt gold mine project in Rossland, B.C., is on its way to Echo Bay Mine’s Kettle River mill near Republic, Wash. Iron Colt is a 50-50 joint venture between International S…
A positive mood is prevailing among junior mining companies active in the Yukon. Exploration spending increased to more than $30 million this season, economic deals have been signed with First Nations…
A newly formed joint venture between Romulus Resources (VSE) and Misty Mountain Gold (TSE) plans to re-examine the economic potential of the Cinola deposit in British Columbia. Previous work on the pr…
Expectations are that Asia will be the next mineral exploration “hot spot.” Huge local markets (the total population is more than 2.5 billion), the potential to supply this market and the opening up t…
Drills can be spotted in just about every corner of the Porcupine camp, but at this stage results are sparse. All eyes are on Finnish giant Outokumpu Mines and its exploration program under way in Mon…
The “Cyprus Amax Story” will be the topic of an address by David Watkins at the Dec. 8 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Watkins, senior vic…
Junior gold producer Electra Mining (VSE) intends to buy a half interest in the Aurora mine by year-end, thereby becoming sole owner of the Nevada operation. It will do so by buying all the shares of …
Toronto-listed High River Gold Mines will earn a 67% direct interest in the Pastos Largos gold project in the Domeyko region of Chile. Under an agreement with a private Ontario company, High River wil…
An option agreement withVirginia Gold Mines (ME) will allow Kennecott Canada to explore two properties in the Labrador Trough area of northern Quebec. Exploration work is planned or is under way at nu…
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