Having negotiated the country’s first Mineral Development Agreement (MDA) with the federal government in 1984, the government of New Brunswick (now under Frank McKenna’s Liberals) is confident a secon…
Quebec junior Mazarin Inc. (TSE) reports it will hire an independent firm to proceed with a calculation of reserves at the company’s graphite deposit in the Fermont area of Quebec, by the end of March…
Two blocks of claims in the Lac St. Jean area of Quebec have been acquired by Toronto-based Regal Goldfields (COATS). According to President Douglas Bannerman, the first property comprised of 18 claim…
Oneida Resources (VSE) has received encouraging results from initial exploration on its Mexican Hat property in Cochise Cty., Ariz. Of 74 surface samples taken, 36% assayed in excess of 0.01 oz gold p…
Toronto-based Santa Maria Resources (TSE) has acquired an additional 174 claims in the Muskeg Lake area of northern Ontario. The property is located west of the town of Pickle Lake, and is underlain b…
Union agreements do not require Campbell Resources (TSE) to keep its S-3 mine open as recently reported (N.M., Mar 20 /89). Campbell is exploring for additional reserves in the hope of prolonging the …
Dumagami Mines (TSE) was expected to announce a merger with Agnico-Eagle Mines (TSE) at Dumagami’s annual meeting, but the issue didn’t even come up until after the meeting when company representative…
An evaluation by Newmont Gold Company (NYSE) of drill results from 16 properties in the Carlin belt has increased its proven and probable reserves by 9% to 16.3 million oz of contained gold. These res…
Vancouver-based Neptune Resources (TSE) has secured the $90-million project loan it needs to complete plant and mill construction at the Colomac gold project in the Northwest Territories. A consortium…
After an 8-year shutdown, the Copper Cliffs mine and mill complex in western Idaho is being reactivated by Silver King Mines (NASDAQ) and Pacific Silver Corp. (NASDAQ). The Utah-based companies operat…
More legal trouble may be brewing over the takeover battle for associated companies Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). Corona Corp. (TSE), which is bidding against gold fund Goldcorp Inv…
Calling for an end to confrontation between conservationists and resource developers, Fisheries and Oceans Minister Tom Siddon has challenged the mining industry to help achieve a new goal of “sustain…
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