Mining consultant Malcolm Slack has agreed to pick up where Echo Bay Mines (TSE) left off in a push to bring Nuinsco Resources’ (TSE) Cameron Lake gold property into production. Slack was named chairm…
A 50% interest in the Mosquito property in the Barkerville-Wells area of British Columbia will have been acquired by Lyon Lake Mines (ME) at the end of this year following the expenditure of $6 millio…
Adopting a pay-as-you-go strategy toward mine development, 50/50 partners Gulf Titanium (VSE) and Cusac Industries (TSE) are generating a positive cash flow from limited production at their joint-vent…
The Supreme Court of British Columbia awarded judgment in favor of Cusac Industries (TSE) in an amount totalling $2.6 million as a result of a contractual dispute with Total Erickson, now known as Tot…
A decision by Gulf Canada Resources (TSE) to put its interest in Asamera Minerals (TSE) on the selling block may spark a bidding war for the Calgary-based company. A number of mining firms have alread…
ALPART, the largest of four major alumina plants in Jamaica, will start producing alumina by the end of March 1989. Under a recently signed agreement, the ALPART plant will be owned by Kaiser Jamaica …
The National Research Council is contributing $1.97 million to the development of two continuous tunnel boring machines which could be used in hardrock mines. The announcement was made by Minister of …
Week’s Price (US) Change Gold (per oz) $419.60 -$ 5.75 Silver (per oz) $ 6.14 +$ 0.03 Platinum (per oz) $598.00 -$ 1.00 Copper (per lb) $ 1.59 +$ 0.05 Lead (per…
Test work conducted by Monopros Limited at its diamond prospect in the Shellbrook area of Saskatchewan suggests the kimberlite structure found there is not economically viable. Monopros, a subsidiar…
A new low- cost method of mining narrow vein gold deposits called “cookie jar mining” is being considered by International Coast Minerals (VSE) for its gold project in the Kennedy River camp on Vancou…
From a recent presentation by Lionel Kilburn at a seminar sponsored by the Prospectors and Developers Association of Canada. In the spring of 1988, two significant papers were presented by senior exec…
A new gold- bearing area called the East zone was located by X-Cal Resources (TSE) along a 1.5-km length of previously unexplored structure at its 100%-owned Snowbird gold project near Fort St. James,…
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