Surface trenching on the McNickel property north of Lac St. Jean, Que., has uncovered important looking nickel-copper mineralization over impressive dimensions. One area, measuring 300 ft in width, ha…
An additional $420,000 is being allocated to a drilling program under way at the zinc-silver-gold Grevet M property in northwestern Quebec, partners VSM Exploration (ME) and Serem-Quebec report. The f…
The Star Lake gold mine has been closed following the depletion of its orebody, Cameco — a Canadian Mining and Energy Corp. says. Located near La Ronge, Sask., the mine opened in Jan. 1987 wih a 2.5-…
A Scottish gold mine is in the works. Broker James Capel recently reported Ennex International is exploring the Cononish property at Crianlarach, 60 miles northwest of Glasgow, and to date has defined…
The lessons learned by companies developing small mines in Canada may soon be applied to mine development elsewhere in the world. That is the aim of Small Mining International, an international agency…
Having acquired a 25% interest in the Goldboro gold property in Guysborough Cty., N.S., Orex Exploration (ME) will spend $8 million to purchase the remaining 75% interest held by Onitap Resources (TSE…
Inco Ltd. (TSE) is expecting its best quarter ever this year for the period ended March 31. The world’s largest nickel miner says this quarter’s results will represent its fifth consecutive record qua…
An active trader and volume leader again this week was Hanson Mineral Exploration which is planning to amalgamate with Perch River Mines, a private company controlled by J. McAdam and J.T. Flanagan. T…
Operations at the problem- plagued McCabe gold mine have been temporarily suspended by Stan West Mining. Operating losses of $750,000(US) in January and February forced the mine’s closure, chairman Fr…
The minerals subsidiary of Santa Fe Southern Pacific Cor (NYSE), whose interests include transportation, real estate, and natural resources, plans to develop a major new gold mine in Nevada. Santa Fe …
Mixed trading characterized the week on the ME, with a province- wide power failure slowing activity considerably on one trading day. The Monday morning blackout prevented the exchange from functionin…
Thunder Mountain Gold (OTC, Spokane) acquired extensive mineral rights last year in Eureka, Elko, and Lander Ctys, Nev. The company says several major mining companies have expressed an interest in th…
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