Partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) expect the capital cost of developing their Louvicourt Twp. massive sulphide deposit east of Val d’Or, Que., to be well over $300 million….
As most miners have shelved their exploration plans during this recession, Crown Resources remains steadfast in its search for gold. Rain or shine, field geologists, who hold stock options in the comp…
The mining and minerals index declined by more than 13 points and the market portfolio moved ahead by about a half-point during the week ended Sept. 17. Daily trading volumes were generally in the 4-m…
Following in the footsteps of other oil and gas giants, BP Canada says it’s ready to sell its mining interests. “Selling the mining division reflects the realities faced by the natural resources indus…
Vancouver-based Royal Oak Mines (TSE) has collapsed its gold hedging program in order to pay down long-term debt. As of June 30, Royal Oak had hedged 100,000 oz. of gold at an average delivery date pr…
Sunny weather and higher than normal attendance helped the Women’s Association of the Mining Industry of Canada raise funds for bursaries, scholarships and charities at its annual picnic Sept. 7. “It …
Recent drilling by a unit of Noranda (TSE) on the Goz-RDN property returned a 38.05-ft. intersection grading 0.7 oz. gold per ton from 154.2-192.25 ft., plus minor values in silver, copper, lead and z…
Toronto-based Wheaton River Minerals (TSE) says it intends to start a feasibility study at the Skukum Creek gold and silver property near Whitehorse, Y.T., after acquiring the project from Omni Resour…
Drilling commenced recently at the Eisler Lake, Sask., gold property optioned by Calgary-based partners Leeward Capital (VSE) and American Ore (ASE) from Prime Resources (VSE). Leeward says it is plan…
A 15,000 ft. adit being driven into the core of the Montanore deposit from outside of Montana’s Cabinet Mountains wilderness area has reached 11,330 ft. The project is a 45-55 joint venture between Ja…
Contrary to an earlier report (T.N.M., Sept. 9/91), the 70,000 ft. of drilling done on the Loma de Hierro nickel deposit, 50% owned by Jordex Resources (VSE), in Venezuela was performed by a ministry …
The controlling shareholder of United Keno Hill Mines (TSE), BLM Mines, has acquired new owners. Romith Investments and Stephen Powell have each acquired, directly or indirectly, 50% of the issued and…
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