Hecla Mining Company of Canada, a wholly-owned subsidiary of Hecla Mining of Coeur d’Alene, Idaho, has recently established an office in Toronto and intends to become more aggressively involved in the…
It is nearly 10 months now since Teck Corp. (TSE) President Norman Keevil, based on federal government studies, informed the mining industry that a major crisis may be looming in the base metals secto…
A 2-stage private placement has been entered into by Marshall Minerals (ASE) and Eden Roc Mineral (ASE). In the first stage, Marshall has agreed to purchase 1.5 million shares for $450,000 and will re…
The first hole in a winter drill program at Moneta Porcupine Mines’ (TSE) Michaud Twp. property 70 miles east of Timmins, Ont., has intersected 0.47 oz gold per ton over a core length of 12.1 ft. The …
Unexpected but welcome rumblings in the uranium industry. First, Denison Mines announces plans to shed its oil and gas holdings and commit to uranium as its core business. Uranium was the mineral up…
While base metal prices reached record levels in 1988, Minnova Inc. (TSE) was unable to benefit fully from the improved metals climate. Lower gold prices and the rising value of the Canadian dollar we…
It’s the second-largest greenstone belt in Canada, second only to the prolific Abitibi belt that has hosted some of the country’s largest gold mines, but the Kaminak greenstone belt in the Northwest T…
VANCOUVER Hisway Res Corp — 600,000 offered @ 45 cents per sh. Kosa Res Ltd — gross proceeds rec $234,500. Shiva Ventures Inc. — gross proceeds rec $144,000. MacDougall Devel Corp — gross proceed…
Described by the company as “one of the highest profile zinc deposits in Canada,” the Tulsequah Chief property of Cominco Ltd. (TSE) in northwestern British Columbia will be the subject of a major exp…
A decision to proceed to final feasibility based on a 200-ton-per- day plant for the Cape Ray gold project in southwestern Newfoundland has been announced by Dolphin Explorations (TSE). A production d…
After reaching an agreement with creditors to retire $1.43 million in outstanding debt, NovaGold Resources (TSE) is now focusing its efforts on achieving gold production at the Murray Brook project, 8…
Active on the Canadian mining exploration scene for many years, A. Lew Parres has been chosen Prospector of the Year by the Prospectors and Developers Association of Canada (PDAC). Parres will re ceiv…
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