As one of the world’s gambling capitals, Nevada has always been a kind of mecca for thousands of would-be millionaires hoping to make a fortune on the slot machines and blackjack tables. But as indica…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 1 Feb. 29 Feb. 26 Feb. 25 Feb. 24 Copper 1220-1222 1175-1180 1205-1210 1261-1263 124…
When final figures are in, they should verify that mineral exploration in British Columbia reached an all-time high in 1987. The high level of activity was prompted by continued strong interest in pre…
Recently listed for trading on the Montreal Exchange was Globex Mining Enterprises of Rouyn- Noranda, Que. (symbol gmx). The company, incorporated in 1949, has interests in two properties in northwest…
Toronto-based Cliff Resources says it is progressing toward production at its Green Hill gold mine at the Olinghouse district, northwest of Reno, Nev. Financed with a project loan bridged to a gold lo…
What the Northwest Territories lack in people is more than made up for in size and abundance of natural resources. The sparcely- populated territories, claiming some 34% of Canada’s land mass, played …
A successful 10-hole drill program has been completed by High River Resources at Nor-Acme Mines’ former producing property near Snow Lake, Man. The mine is being dewatered prior to continuing explorat…
On a fall day in 1960, two prospectors were tracking an iron formation through dense, soupy fog on the undulating barren lands near Henik Lakes in the Northwest Territories, about 200 km inland from E…
Gold might help the share price of Denison Mines, but it’s not likely the company will be into the gold business for some time yet. Following the annual meeting, Chairman Stephen Roman said that the c…
Government funding assistance for new developments should be conditional on meeting environmental standards, says a senior Inco executive. “There is no way that we should have the taxpayer’s money bei…
British Columbia’s Mines Minister Jack Davis is arguing for a level playing field on taxation and freer markets for the mining industry. Speaking at the B.C. Mining Association annual meeting, Davis s…
Direct exploration costs in the 1987 fiscal year funded by Golden Rule Resources totalled approximately $4.2 million. But it was exposed to $11 million in expenditures under various joint venture agre…
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