News

Both the Vancouver Stock Exchange resource and composite indices managed to reverse a general market downtrend during the week ended Sept. 8. The resource index gained almost 12 points to close at 562…

As cold and inhospitable as the north of Russia may be, the area produces a significant amount of minerals, including diamonds from open pit operations lying on both sides of the Arctic Circle. It was…

A 3-company joint venture is exploring for diamonds in the Lake Superior region of the Michigan-Wisconsin area of the U.S. Owner of a 51% interest in the project is Ashton Mining of Australia. Ashton …

Junior Societe d’Exploration Miniere Mazarin (ME) is extending its mineral holdings into the asbestos field. The Quebec City-based company, with gold and copper exploration prospects but perhaps best …

Plans for a large-scale drill program at the Spectrum gold property were postponed by Columbia Gold Mines (VSE) in order to conserve working capital during current depressed market conditions. The jun…

Roger Richer appointed president; Kim Phillips appointed vice-president, administration.

Alex Balogh appointed chairman.

Going to court is expensive. The parties involved have to pay the direct fees, which add substantially to the cost of doing business for the mining industry. There is no reliable estimate of the amoun…

Seldom do I feel any urge to applaud those ever broadening regulations imposed by burgeoning provincial bureaucracies that frequently seem hell-bent on strangling our mining industry. But surely few t…

The Nova Scotia and federal governments recently signed a $10-million co-operation agreement on mineral development. The province will contribute $3 million and the federal government, $7 million. The…

Donald Cameron appointed director.

Since Sudbury Contact Mines (TSE) reported its discovery of eight microdiamonds on its Diamond Lake project a handful of companies have moved into the Kirkland Lake, Ont., region to stake more ground …