GIBRALTAR
Gibraltar Mines made a smart decision back in mid-decade. The company was saddled with about 200 million tons of low-grade ore and “waste” piled on-site at its McLeese Lake, B.C., mine. Someone decide…
News
Dejour, Noble Peak seek JV partner on Turquetil property
Joint venture partners Dejour Mines (TSE) and Noble Peak Resources (TSE) plan to carry out a $700,000 exploration program this year on their Turquetil gold property, situated 140 miles southwest of Ra…
On western extensio New discovery at Mishibishu
A new gold discovery of much more than passing interest has just been made by the Hemlo Gold Mines (TSE) and Noranda Exploration team on a large optioned property at the western extremity of the 23-mi…
Hardrock and partners face financing hurdles
Affiliated companies Hardrock Extension (TSE), Geraldton Longlac Gold (COATS) and Ferau Resources (COATS) face a difficult task ahead as they try to raise funds for additional exploration work on thei…
Goldstake awaits study results on South Dakota tailings project
Completion of a preliminary feasibility study for the Whitewood Creek gold tailings project in South Dakota is imminent, Goldstake Explorations (COATS) President Robert Cleaver said at the annual meet…
Fair Harbour to drill massive sulphide bet
An exploration program is planned by Fair Harbour Mining Corp. (VSE) for its base metal/precious metal property on Pitt Island near Prince Rupert, B.C. The company plans to carry out property-wide rec…
St. Andrew set to begin gold production at Stock
Production from the Stock Twp., Ont., gold mine development owned by St Andrew Goldfields (TSE) will begin by month-end, The Northern Miner learned during a tour of the site. “Milling will begin ahead…
Samatosum mine ahead of schedule
Start-up of the Samatosum project near Adams Lake, B.C., was about one month ahead of schedule, according to Rea Gold Corp. (TSE) which owns 30% of the high grade silver and base metal mining operatio…
HIGHLAND VALLEY
In an effort to boost production and Iincrease operating efficiency, HighIland Valley Copper acquired the nearby Highmont mill l ast year and, at a cost of $70 million, relocated the Highmont milling …
Cassiar increases stake in Rea Gold
By purchasing 324,000 shares of Rea Gold Corp. (TSE) on The Toronto Stock Exchange through a wholly-owned subsidiary, Cassiar Mining Corp. (TSE) boosted its total indirect holding to 2.6 million share…
Cross-Cuts NICKEL URANIUM
At a grade of 2.4%, Cameco’s Key Lake operation is a rich uranium mine. It also has — and this is not well known — a rich nickel deposit. The nickel grade has been officially listed at 2.3% for the …
Editorial Don’t forget gold
When it comes to gold, the market is used to sudden, dramatic price swings. That’s part of gold’s appeal — the opportunity to make large sums of money over a short period of time. All one has to do i…