PEOPLE — CANADIAN COMSTOCK EXPL.
Reno Vultaglio appointed director.
News
Great Lakes buys into Grouse Creek
A preliminary prospectus for an offering worth up to $35 million has been filed by Great Lakes Minerals (TSE). The company will use US$6.8 million to buy a 20% undivided interest in the Grouse Creek g…
NEWS ROUNDUP — Gossan testing iron-titanium play
Gossan Resources (VSE) has signed an agreement with Cross Lake Mineral Exploration to explore an ilmenite-vanadium-iron property in northern Manitoba. Mineralization in the Pipestone-Cross Lake area o…
Production continues at revitalized Dona Lake
Since operations resumed in August, the Dona Lake mine has produced 5,773 oz. gold. November marks the beginning of full production for the operation, near Pickle Lake, Ont. A monthly rate of 3,000 oz…
EDITORIAL PAGE — They care!
The recent findings of a Decima Research poll into the attitudes of Canadians towards mining come as a pleasant surprise. Considering what politicians, in the various legislatures of the land have bee…
Ruby gold mine ups production
Increased production is expected from the Ruby mine, a placer-gold deposit in Grass Valley, Calif. So far, about 47 tons ore averaging just over 0.2 oz. gold per ton have been produced from two new ar…
USMX encouraged by latest Dewey results
Drill results from the Dewey property in Idaho’s Thunder Mountain district continue to impress USMX. The NASDAQ-listed company optioned the property earlier this year and can buy it outright for US$5 …
Inco eyes Chilean copper projects
Following the recent bid by Lac Minerals (TSE) and Cyprus Minerals (NYSE) for a 51% stake in Chile’s El Abra copper deposit, Inco (TSE) has thrown its hat into the ring. At a meeting in Toronto, Inco …
ScotiaBank metal sub-index falls in September
In September, the metal and mineral sub-index of The Bank of Nova Scotia’s commodity price index dropped to its lowest level since December, 1985. While copper prices dropped further in October, nicke…
Base metal prices show stability
Reflecting an improved outlook in the general economy, some base metals appear to be entering a stable period. Mine producers, especially the high-cost ones, are seriously setting about reducing outpu…
Survey reveals Canadians want mining in Canada!
A survey suggests Canadians understand problems faced by the Canadian mining industry. The survey, by Decima Research, was commissioned by “Keep Mining in Canada” (KMIC), a group launched in September…
EXPLORATION ’93 — Innovative reclamation techniques are
Wetlands for waterfowl, productive crop lands, lush pastures, improved wildlife habitat, pleasing landscapes — these are legacies of surface coal mining where reclamation excellence is part of a comp…