Drilling by Minera Rayrock (TSE) has added another two million tons of reserves to the company’s Ivan copper deposit in Chile. Reserves have been recalculated to 5.8 million tons grading 2.4% copper. …
A green light for road access into the Iskut River gold camp of northwestern British Columbia is likely to mean approval for the Snip gold deposit. According to Prime Resources (VSE), which has a 40% …
Quebec-based junior Societe d’Exploration Miniere Mazarin (ME) is taking on a subsidiary to allow it to focus its attention on the LAC Knife graphite project near Fermont, Que. The subsidiary, Petro G…
Third-quarter earnings for Pioneer Metals (TSE) reached $355,000 or 1 cents per share for the period ended Sept 30. This reduces the company’s loss to $816,000 or 4 cents per share for the nine mont…
Resource issues, responding to the rising price of gold, staged a recovery this past week. The mining and minerals index climbed a respectable 56 points, in contrast to the general market portfolio in…
Strong copper and zinc prices resulted in improved earnings for Hudson Bay Mining and Smelting, the 100%-owned company of Inspiration Resources (NYSE). For the quarter ended Sept 30, Hudson Bay earned…
MVP BGR Central Capital Net value $11.70 $5.96 $0.52 Price $10.75 $5.62 $0.26 Discount 8.12% –5.6% 50% Value $69,681,890 100,299,963 N/A…
Assay results have been released by NovaGold Resources (TSE) from two recently completed drill holes on the Summit gold project in New Mexico. NovaGold reports that both holes intersected moderate wid…
The Geological Engineering Society at the University of New Brunswick (UNB) is hosting its fifth annual open house on Nov 20. The open house provides members of industry and government to become famil…
The high prices for nickel last year made the metal the largest income producer among Ontario’s minerals, the Ontario Ministry of Northern Development and Mines reports in its publication Ontario Mine…
A new underground drilling program at the gold property belonging to Armistice Resources (ME) at Virginiatown, Ont., will be undertaken using the idle underground workings of the adjacent Kerr mine. G…
A recent rock-blasting ceremony on the Laurentian University campus marked the foundation of Ontario’s new, $53-million mines and minerals research centre. Scheduled to be completed by late 1991, it w…
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