Significant gold, copper and silver mineralization was intersected in recent drilling on the Texada Island project near Vancouver, B.C., a joint venture involving Freeport McMoRan Gold (NYSE) and Vana…
A surge in metals prices helped Scotiabank’s all-commodity price index advance by 1.8% in November. Metals prices increased by 6.1% compared with October, while oil and gas, forest products and agricu…
A joint venture agreement has been entered into by Cross Lake Minerals and Golden Dragon Resources (VSE) on a 35-claim property in Wilhemina Twp., north of Timmins, Ont. Cross Lake President R. S. Mid…
The non-communist world’s sub-market for custom copper concentrates has developed pronounced “boom-bust” cycles of 3-4 years duration since the oil crisis of 1973, writes Metals & Minerals Research Se…
The first phase of diamond drilling has been completed on the Joburke gold property held by Tarzan Gold (ASE) under option from Noranda Inc. (TSE). Located near Timmins, Ont., the Joburke was a former…
Mining came into the 1980s fat with debt. Now, according to all indications, the industry is closing out the decade lean (in terms of debt-to-equity ratios) and tough (ready to take on the competition…
There appears to be a tendency for success in mine-finding to attract lawsuits. The lawsuits are advanced by lawyers on behalf of their clients, and sometimes it is the ingenuity of counsel that has e…
The editorial “Mining a poor cousin in New Brunswick” (N.M., Dec 12/88) unjustly criticizes the level of funding provided by the New Brunswick Department of Natural Resources and Energy for exploratio…
A 14-year mine plan which will see gold output triple at the McCoy/ Cove property of Echo Bay Mines (TSE) in Nevada has been completed by Pincock, Allen & Holt Inc., consulting geologists and engineer…
T. R. V. Minerals (VSE) says it has accepted a proposal for a private placement of 8.5 million shares at 15 per share. Also included in the placement are warrants to purchase an additional 8.5 millio…
Alberta saw a sudden surge in volumes this week following news that the Canadian dollar has stabilized on foreign exchange markets. Bitech Energy Resources was easily the volume leader in the mining a…
A number of modifications to the 300-ton-per- day mill operating at Skyline Explorations’ (TSE) Johnny Mountain mine in northwestern British Columbia are expected to increase recoveries to 90% and bri…
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