Toronto-listed Cominco reported a preliminary resource estimate for its polymetallic discovery in the southwestern Yukon. The deposit was estimated to contain 13 million tonnes grading 5.5% zinc and 1…
The joint owners of the Doyon gold mine east of Rouyn-Noranda, Que., announced plans to deepen the shaft by 370 metres to 1,024 metres. The mine, in production since 1980, is owned by American Barrick…
Significantly, the industrial sector scheduled more work days this holiday season than is normally the case at Christmastime. The reason? Demand for many metals is exceptionally buoyant, with prices h…
The German parent of Metall Mining (TSE) sold its 50.1% interest in the Toronto-based company, which has mining projects around the globe. Metallgeschellschaft AG, experiencing financial difficulties …
In a surprise springtime announcement, Aur Resources (TSE) downgraded reserves at the Louvicourt base metal project northeast of Val d’Or, Que. Aur said the recalculated reserve figure (undiluted and …
Reform of the 1872 Mining Law in the U.S. stalled when lawmakers abandoned congressional efforts to work out a compromise. The House of Representatives and the Senate approved different mining reform …
A vein structure bearing high-grade gold has been identified on JAG Mines’ (ME) Belleterre property northeast of Temiscaming, Que. Situated 400 metres south of the Aubelle No.1 vein, within Guillet Tw…
A pre-Christmas rally enabled the Toronto Stock Exchange to post a modest gain over the 3-day report period ended Dec. 27 (Canadian markets were closed on Dec. 26 and 27). The composite 300 index rose…
With the bugaboo of tax-loss selling now past, western markets managed to rebound during the holiday-shortened period ended Dec. 27, 1994. The Vancouver Stock Exchange composite index added 22 points …
Gold Funds as of Dec 26 BGR Central Net Value $17.04 $6.56 Price $13.75 $6.625 Discount 19.29% Premium 1% Value $134,772,000 $119,907,863…
Junior Canadian Reserve Gold (VSE) can earn a half interest in a 44-claim Tib Lake platinum property, 16 km west of North American Palladium’s (TSE) Roby zone. As consideration, Canadian Reserve will …
Dominating mining news this past year was the dramatic battle for control of Lac Minerals which, until recently, was one of Canada’s — and the world’s — leading gold producers. The suspense-filled s…
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