News

Chronically under-financed, Wharf Resources has struggled to maintain production at its Annie Creek gold mine near Lead, S.D. But the company appears to have turned the corner and with record precious…

Argentex Resource Exploration has received check assays for two holes completed on the company’s property in Puiseaux and Orvilliers twps., Que. Hole 87-49 cut three sections of 8 ft, 3.8 ft and 115.6…

Your editorial of Feb 9, “Where does CANMET go from here?” contains several innacuracies for which I would appreciate public correction. Firstly, I have never been commissioned to do a study of CANMET…

Vancouver-based ABM Gold Corp. is raising major financing in the United States for the further financing of four closely associated listed Canadian companies within its fold — Sonora Gold Corp., Gold…

With a healthy funding package in place, activity is continuing at a brisk pace with seven drills in operation at the Aldermac and Lac Dufault prospects held in joint venture with Toronto-listed Nuins…

Toronto-based Canadian Lencourt Mines has completed a placement with NIM and Co., Ltd. Partnership — 1987 of 1,250,000 shares on a flow-through basis, netting the company $500,000, subject to regulat…

As a subscriber of many years, I have always appreciated your newspaper for its wide coverage of the industry and the completeness of information on the Canadian mining scene. As an expatriate mining …

Gold Institute — John H. Lutley appointed managing director.

The name Windy Craggy, given to a huge base metals area in a relatively remote part of northwestern B.C., may still be a name to conjure with. After more than six years of “unremitting effort” that ha…

A terrific hole, all in sulphide ore, of 620 ft grading 0.3 oz gold per ton has been pulled on the Goldstrike property in the Carlin gold belt area of Nevada by operator American Barrick Resources. Th…

Driving of a decline ramp at the Eastmain gold deposit in northern Quebec is expected to begin within one month, John Morganti, exploration manager-Eastern Canada with Placer Development tells The Nor…

Although the average cost of closing a steel plant in the United States is down substantially from a few years ago, it is still high enough to keep several non-competitive plants in operation. And, th…