News

Hayes confirms high grade at Alaskan mine property

Underground exploration by Hayes Resources on the former producing Cliff gold mine in Alaska, has confirmed the presence of a high grade vein. Held under option from Dasher Resources, the Cliff proper…


Maintenance ROPING ESSENTIALS

All hoist ropes are lubricated during the manufacturing process. The core is fibre or nylon to which lubricant is applied to make the internal wires smooth; this prevents entry of moisture and protect…


Chelsea plans to double production by year-end

Only 1,000 oz of the yellow metal have been poured at the Spotted Horse mine in Montana. But already, the managers of Chelsea Resources, the Vancouver-based company that owns and runs the mine, is pla…


EDITORIAL No need to waste more time

Good communication between companies’ directors and shareholders is a basic tenet of a functioning equities market. A fundamental purpose of regulated equities markets is to protect shareholders, and …


Alberta Stock Exchange Argus a big trader

Despite a recent drop in the price of gold bullion, a couple of Alberta gold issues were big traders this week. After a recent lull in investor interest, Argus Resources posted a volume of 400,200 — …


Profile MAN WITH A MISSION

He’s not listed in the Who’s Who of Canadian Business. Not many academics trained in the esoterica of rock mechanics are. But if his ambitious plans work out, Dr Marc Denis Everell certainly would des…


EDITORIAL Hewers of Wood

For a long time, Canadians have been known, almost universally, as hewers of wood and drawers of water, a phrase which encompasses our supposed economic dependence on our natural resources — includin…



Opawica sues Falconbridge over Lac Shortt mine

Opawica Explorations has issued a statement of claim in the Supreme Court of Ontario against Falconbridge Ltd. and Minnova Inc. claiming, among other things, an accounting, damages and the reconveyanc…


Placer, MSV expect mining decision by May

Following the completion of a $2.1-million underground exploration program on the Eastmain project, partners Placer Dome Inc and MSV Resources are expected to reach a production decison by May. Locate…


Bresea begins drilling

A $500,000 diamond drilling program has begun on property held by Bresea Resources in the Casa Berardi area of Quebec. The drilling is a follow-up to two years of surface exploration which included 30…


Computer Forum MICROCHIPS AND MINERALS

Mining in Canada is changing. And fast. For years “mining,” to the average Canadian, conjured up images of grizzled prospectors pounding on rocks somewhere in the vast north, searching for a mineral d…


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