Antelope Resources (VSE) will spend $1 million or more on its Rossland, B.C., gold property this year. The project is a joint venture with Bryndon Ventures (ASE). To date, over 40,000 ft of drilling h…
Two drill rigs continue to test a gold zone on Young-Shannon Gold Mines’ Chester Twp., property situated 110 km southwest of Timmins, Ont. President Bruce Young says 50 diamond drill holes totalling 2…
Despite concerns over a cooling North American economy, a number of Alberta issues made significant progress during trading this week. They include the Baloil Resources’ issue which distinguished itse…
Directors of Australian gold producer Whim Creek Consolidated NL have recommended to shareholders that they accept a revised takeover offer by Dominion Mining. If the offer is approved, the two compan…
Falconbridge Ltd. (TSE) Chairman Bill James was in an affable mood at his company’s recent annual meeting in Toronto. As usual, he appeared to relish the attention that comes with being in charge of t…
With the Pascalis gold mine northeast of Val d’Or, Que., set to come into production in September of this year, New Pascalis Mines (ME) has become a passive partner in the venture. Operator of the pro…
Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) has received regulatory approval for a private placement in the shares of Valentine Gold Corp. (VSE). Valentine plans to issue up to 5.5 million …
Mining companies are starting Mto consider the economic Mbenefits of controlling the recirculation of mine air to recover heat from it and from such heat-generators as air-compressors and mine water. …
Cyanide, the king of poisons, is highly respected in its many industrial uses, chief of which is the extraction of gold and silver. However, concern has been growing over what bad effects this highly …
Growing signs that the supercharged economy is cresting, triggered more selling today as the composite index slipped another 6.97 pts. Canadian investors were also cautious today in anticipation of th…
If mining companies want to stay on the right side of environmental issues, they’re going to have to put a little more effort into it. The right side, of course, is the side that wins. And it seems …
A decision has been made by Placer Dome (TSE) to develop its Granny Smith project near Laverton, Western Australia. Placer Pacific, its 75.8%- owned Australian subsidiary, holds a 60% interest and wil…
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