News

It was December, 1952, when The Northern Miner announced the remarkable base metal discoveries made by Jim Boylen’s organization in New Brunswick. There ensued the usual claim-staking rush, followed b…

With its operation near Houston, B.C., winding down, Equity Silver Mines (TSE) does not expect to continue as an operating mining concern after current reserves are depleted. Formerly an open pit, Equ…

Having disposed of its interests in Minnova (TSE) and oil and gas producer Anderson Exploration, Kerr Addison Mines (TSE) intends to dispose of its remaining assets and continue talking with its major…

Having encountered significant gold mineralization in a deep drill hole earlier this year on its Snow Lake property in northern Manitoba, High River Gold Mines (TSE) is gearing up for an additional dr…

April turned out to be another extraordinary month for market players as the Toronto Stock Exchange’s composite 300 index shot up by more than 5% on record volume. According to TSE statistics, more th…

Cassiar Mining, put to rest by bankruptcy last year, has come back to haunt former owner Princeton Mining (TSE). The trustee in bankruptcy of Cassiar (and subsidiary San Antonio Gold) served Princeton…

Gold equity markets throughout the Western world have all recorded strong performances since the inauguration of U.S. President Bill Clinton in mid-January. Leaving aside the reasons for our current b…

A relatively unexplored greenstone belt in South Australia is expected to attract Canadian companies interested in grassroots exploration opportunities. Susan Daly, a senior geologist with South Austr…

It is most unfortunate that Ian Booth would comment upon a case which is so complex and so obviously out of his league (“Judge finds in Seabright’s favor,” T.N.M., April 5, 1993). Mr. Booth’s conclusi…

Colorado-based USMX (NASDAQ) has exercised its option to participate in a joint venture with Excellon Resources (VSE) and Valdez Gold (ASE) on the Tombstone gold project in Arizona. Excellon and Valde…

The Yukon’s mineral exploration season is expected to improve considerably this summer after only $10 million was spent in 1992. “It’s definitely picking up,” said Al Doherty, president of the Yukon C…

U.S.-based Battle Mountain Gold (TSE) plans to develop the Reona heap-leach deposit at its Battle Mountain complex in Nevada. The cost will be about $10 million. Reserves are about 13.5 million tons g…