Armed with a positive feasibility study for its Ashdown gold deposit in Nevada, Win-Eldrich Mines (TSE) is pondering ways to raise the $3.1 million(US) needed to begin production at the proposed open …
Antelope Res. — D. Brynelsen bought 24,500 (May) @ 70 cents -85 cents to hold 539,700. Barron Hunter — J. Hargrave sold 277,000 (May, June) @ 4 cents -5 cents to hold 2,348,200. S. Hargrave sold 23…
The Merry Widow open pit iron mine near Port McNeill, B.C., is being explored by Taywin Resources (VSE) for its potential to host copper/precious metal reserves. The former producer is part of an asse…
Grants worth $500,000 to seven Ontario universities have been announced by the provincial Ministry of Northern Development and Mines. The money will fund projects studying ways to improve mineral expl…
Although he started out as a mine geologist, operating soon intrigued Ebe Scherkus 0000,0600 who now manages the big new Donald J. Laronde gold mine of Dumagami Mines at Cadillac, Que. “I’ve been fo…
A team of scientists from Inco Ltd. who developed an innovative process to destroy cyanide in industrial effluents has been awarded an industrial technical achievement award. The 7-member team from In…
The Kerr mine in Virginiatown, Ont., has been closed and the owner, Golden Shield Resources (TSE), has filed for bankruptcy. The company, which purchased the Kerr Addison mine in 1987 for $38 million,…
From the financial centres of the country it’s easy to see the mining industry as little more than a stock market play. From the hinterland comes news of drill results and that news is all that matter…
Consolidated Goldfields PLC has agreed to a merger with Hanson PLC, both British companies, in a $5.5-billion deal that might ignite a round of bidding for Newmont Mining (NYSE) and its Carlin Trend g…
Some encouraging exploration results have been reported from Nevada Goldfields’ (TSE) Aurora mine property in Western Nevada. Additional open pit reserves, some of relatively high grade, have been del…
Mineralization and Shear Zones edited by J. T. Bursnall and published by the Geological Association of Canada. 300 pages, ISBN 0-919216-0. Order from GAC Publications, Department of Earth Sciences, Me…
Trading activity was busy again this week in companies with interests in properties in the Val d’Or, Que., area near the recent Louvicourt Twp. copper-zinc discovery. The find by Aur Resources and Soc…
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