News

Following completion of a $2-million private placement and a share consolidation, Welcome North Resources (VSE) will retain M.O.F. Management to manage the company’s investments. Welcome North operate…

A positive pre-feasibility study of the Aldebaran property in Chile has prompted Arizona Star (VSE) to proceed toward completion of a final study. Arizona Star is earning a 51% interest in the propert…

Canada’s aboriginal people are sometimes accused of being anti-development. But nothing could be further from the truth, according to Paul Quassa, president of Nunavut Tunngavik, a corporation compose…

One of the great privileges of my life was to have known the late Randolph Pope Mills. It is not likely the mining business will ever see the likes of him again. He was, I believe, the greatest promot…

The Mining Foundation of the Southwest will stage its 11th annual American Mining Hall of Fame awards banquet Dec. 4 in Tucson, Ariz. The banquet will precede the annual meeting of the Arizona confere…

Michael Cyr appointed president; Calude St-Jacques appointed vice-president.

Wendell Robinson appointed director and non-executive chairman.

Officials of Placer Dome (TSE) are seriously considering extending the life of the Campbell gold mine in Balmerton, Ont. The estimated price tag: $40 million. “We are assessing various options for dev…

A 10-hole, 2,163-metre program has wound down at the Big Duck gold property near Schreiber, Ont., reports operator Metall Mining (TSE). Two holes were completed on the Coco-Estelle zone, which is west…

The wheels are in motion for a merger between Hecla Mining (NYSE) and Equinox Resources (TSE). The agreement-in-principle, initiated by Hecla, calls for Equinox shareholders to receive 0.3 Hecla commo…

Michael Smith appointed president and director; Douglas Reeson elected director.

Joseph Baylis appointed president.