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…
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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…
Mimiska encouraged by Nabish drilling Mimiska encouraged by Nabish
Nickel values returned from a 7-hole drilling program representing 610 metres at the Nabish Lake property near Dryden, Ont., are encouraging, Societe Minere Mimiska (ME) reported. The drilling was aim…
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…
Minnova’s Winston Lake operation provides fast return on investment
It isn’t often that a mining company can generate enough cash flow from a single operation to recover its investment within three years, but that’s exactly what Toronto-based Minnova (TSE) has achieve…
Westmin explores copper-gold bets
An extensive exploration program will be carried out this season by Westmin Resources (TSE) on two large porphyry gold-copper projects north of Prince George, B.C. The two properties are 40 km west of…
Varitech acquires Big Onion bet
A recently completed agreement gives Varitech Resources (VSE) the right to earn a 100% interest in the Big Onion deposit, about nine miles east of Smithers, B.C. Varitech was halted at the 85 cents le…
Ont. grant for acid drainage work
Laurentian University’s department of science and engineering will receive a $9,750 provincial grant to study acid mine drainage, according to Ontario Mines Minister Gilles Pouliot. The university pla…