News

Murray Brook milestone

Four months after opening, precious metal production has surpassed one ton at NovaGold Resources’ (TSE) Murray Brook gold mine, 50 miles west of Bathurst, N.B. Since the mill startup last September, t…


Taywin options project to Placer Dome

Junior company Taywin Resources (VSE) recently announced an agreement in principle with Placer Dome (TSE) involving a gold-silver prospect situated adjacent to its Electrum claims in the Zeballos camp…



Shamrock exploring Idaho gold deposit

A small low-grade gold deposit in Idaho could be developed by Vancouver-based Shamrock Resources (VSE) and United States Antimony (NASDAQ) if results of a prefeasibility study under way are positive. …


NovaGold production

More than 1,000 kg of metal production has come from the Murray Brook gold-silver mine, operated by NovaGold Resources (TSE) in New Brunswick. The open pit mine has been in production for four months….



Wharf completes United Coin deal

The purchase of a $2.1-million note (Series 2) from United Coin Mines (TSE), the final instalment of tranche 2 of a commitment to acquire up to $9.6 million of United’s 11% notes, was recently complet…


Editorial Ready for freedom?

Many politicians of our time are in the habit of laying it down as a self-evident proposition that no people ought to be free till they are fit to use their freedom. The maxim is worthy of the fool in…


Umex sells claims for $500,000

Vancouver-based Major General Resources (VSE) is poised to pick up a large portfolio of exploration properties from Umex, a subsidiary of Belgium-based Union Miniere SA. The two companies recently sig…


New Guide for Geologists

The Ministry of Northern Development and Mines will release a comprehensive overview of Ontario’s geology to coincide with the 1991 centennial of the Ontario government’s involvement in mining activit…


Montreal Exchange Market in decline

A gloomy investment mood seemed to prevail for the week ended Jan. 23, with the mining and minerals index off 72.7 points. The market portfolio lost ground as well, dropping 35.8 points. Daily trading…



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