Drilling in untested territory, partners KWG Resources (ME) and SEG Exploration (ME) have intersected gold values of up to 0.61 oz. per ton on their Granada mine property near Rouyn-Noranda, Que. The …
Optimistic analysts surveyed by The Northern Miner during the last gold rally (T.N.M., July 20/92) are maintaining bullish forecasts even in the wake of a recent decline that lopped US$13 off the gold…
ALUMINUM: MW U.S. market US60-61 cents per lb. (Aug. 6, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CADMIUM: …
Production from a new mine enabled Consolidated Nevada Goldfields (TSE) to turn out a total of 28,132 oz. gold during its fiscal year ended June 30, more than double the previous year’s production of …
A control position in Mt. Grant Mines (VSE) was recently purchased by Robert Friedland, best known for his management of Galactic Resources during the buoyant 1980s. Friedland purchased more than 2.7 …
A short-term contract with Falconbridge for the delivery of nickel ore to Falconbridge’s mill and smelter in Sudbury, Ont., has been entered into by Timmins Nickel (TSE). Timmins Nickel, which mines n…
The Sleeping Giant gold project in northwestern Quebec will be placed back into production next year by Cambior (TSE) and Aurizon Mines (TSE). The property, 50 miles north of Amos, was operated by Aur…
When Bloc Quebecois MP Jean Lapierre decided to retire from politics recently, he hit the MP pension jackpot. At the ripe old age of 36, Lapierre can retire in the happy knowledge that he will likely …
An option to purchase more than 4.6 million shares of RFC Resource Finance (TSE) from Kerr Addison Mines (TSE) at 44.3 cents per share will be exercised by Minnova (TSE). The shareholdings represent a…
It is our belief that Canadian businesses are spending an insufficient amount of money on research and as a result, Canadian businesses lag behind competitors in other countries. Although high-tech in…
Environmental laws are becoming more widespread and stringent and, in many cases, being framed according to perceived (and not necessarily scientifically proved) environmental risks and public health …
Exploration spending in the Northwest Territories is expected to exceed $35 million in 1992, representing an increase of 27% over 1991 and the first increase in four years, predicts the N.W.T. Chamber…
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