$70-million nickel mine opens at Namew Lake
Hudson Bay Mining and Smelting Co., (TSE) and Outokumpu Mines have formally commissioned a new nickel/copper mine at Namew Lake in northern Manitoba. The $70 million project, the first new underground…
Hudson Bay Mining and Smelting Co., (TSE) and Outokumpu Mines have formally commissioned a new nickel/copper mine at Namew Lake in northern Manitoba. The $70 million project, the first new underground…
A renewed program of diamond drilling is under way on the Pacquet project in the Baie Verte Peninsula of Newfoundland. The project is a 50/50 joint venture between Noranda Exploration and Prime Capita…
Drilling has intersected high grade gold mineralization at Pacific Trans-Ocean’s (TSE) Gordon Lake property northeast of Yellowknife, N.W.T. During September 6,692 ft of drilling or 20 holes were comp…
While production at the Mobrun mine near Rouyn-Noranda is on hold because of development work until July 1989, Audrey Resources (TSE) managed to strengthen its financial position recently. Revenues fo…
Calgary-based Bresea Resources (ME) has secured $285,000 from two flow-through share issues to finance exploration at its wholly- owned Back-River claims in the Northwest Territories. Under separate a…
Underground drifting and drilling programs at the Chester Twp., gold property being developed by Chesbar Resources (TSE) and Murgold Resources (TSE) in northern Ontario continue to confirm the continu…
Yet another Canadian mining company has entered the search for graphite. Quebec-based junior Mazarin Inc. (TSE) plans to spend almost $1.1 million between now and next May exploring for graphite, as w…
It hasn’t been such a bad year for lead during these profitable times of higher prices for base-metal commodities, with the metal averaging about 29 (US) per lb on the London Metal Exchange so far thi…
A 4-month preliminary exploration program carried out by Rio Plata Resources (VSE) was recently completed on the Hislop and Matheson Township claims in northern Ontario. The company says geophysical s…
An agreement has been concluded between Rio Algom (TSE) and Teck Corp. (TSE) which should see Lornex Mining (VSE) discontinued as a public company. The tightly held company was incorporated in British…
Another eight drill holes have been released by Huntington Resources (VSE) for its Brett property near Vernon, B.C. Two out of eight holes returned no significant assays and values in the remaining …
How often has it occurred to some would-be entrepreneur that if there was a way to bottle the pure, fresh air of a spring morning in the great Canadian outdoors, they would be a millionaire. There’s a…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.