News


Unlisted Trading Peat financing

Trading volumes for the junior mining issues slumped during the week ended April 16 as investors continued to wait out the recession. But in the meantime, Peat Resources announced the company is just …



Aurizon tallies $31-million loss

Following a major writedown of its mining properties in Quebec last year, Aurizon Mines (TSE) is gearing up to explore a low-cost copper-gold property in Mexico. For the year ended Dec. 31, the compan…


U.S. REPORT Record production at Champagne mine

The Champagne gold mine in Idaho turned out a record 26,700 oz. gold equivalent in 1990 — its first full year of production — and generated $11.6 million in revenue and a gross profit of $6.5 millio…



EDITORIAL Killing the goose

Governments suffer from an irresistible urge to ferret out successful mining companies, then devise extraordinary means to extract a portion of their profits for themselves. There is something about c…


Codes of practice back up environment policy

As most people know by now, The Mining Association of Canada was the first national mining body to adopt an environmental policy. It was approved in 1989 and is endorsed by all MAC members. It is a co…


Tagish continues Eskay dispute

A legal dispute brought about by prospector Paul Dupras and Tagish Resources against Prime Resources Group (VSE) was stayed pending the outcome a second dispute to be heard in May. Tagish had sought a…


Saskatchewan offers mine skills training

Residents of northern Saskatchewan will be eligible for mining skills training following agreements between the Saskatchewan government and three mining companies. Under the agreements with Claude Res…


Geophysics firms form new group

A new organization has been established to develop and promote a better understanding of Canadian geophysical expertise in mineral exploration domestically and globally. The Canadian Geophysics Congre…



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