A detailed mapping of gold deposits in the Matachewan-Kirkland Lake-Larder Lake area of Ontario, will be carried out by the province’s ministry of northern development and mines. The gold mapping work…
A lacklustre week on the Montreal Exchange this week exhibited little of the activity in resource issues which has characterized trading the past months. Market activity in general was moderate. Tradi…
Toronto-based Wilco Mining has entered into an option agreement with prospectors David Petrunka and Wayne McChristie of Thunder Bay, Ont., covering a group of 45 unpatented mining claims and two paten…
Nothing if not ambitious, Giant Yellowknife Mines is embarking on a 5-year program which it expects will see gold production soar from the present level of about 200,000 oz per year, to 300,000 oz. Th…
A drilling program is under way by Vior Inc. on the Matagami property in northwestern Quebec. Also, the company this month initiated, in partnership with Mazarin Inc., a drilling program on the Sheffo…
With an annual exploration budget of $4 million — $16 million committed for the next four years — the ground-breaking Quebec Crown corporation, Soquem, is bound to make its presence in the mining in…
Flying over Courageous Lake in the N.W.T. one sees six diamond drill rigs in operation and an additional four rigs being set up. Leading this exploration effort is the team of Noranda Inc. and Getty R…
Ontario premier and acting minister of northern development and mines David Peterson (right), helps put up a sign marking the site of the production shaft that will be put down at the new Dona Lake go…
The winner in the battle for control of Northair Mines will be decided at the annual meeting July 9. But in the meantime, Northair and its suitor, Nor- Quest Resources, are engaged in an information c…
Drilling has resumed at the Debbie property on Vancouver Island, a joint venture between Westmin Resources (the operator), Nexus Resource Corp. and Angle Resources. The initial joint venture budget fo…
Brohm Resources of Vancouver has decided to begin construction immediately on a Phase 1 heap leach production facility at its Gilt Edge mine in Deadwood, South Dakota. After the heap leaching producti…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June 68.95 68.95 68.90 — 1.90 July 69.20 68.15…
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