Expl. Brex raises exploration funds
Junior Exploration Brex (ME) has raised more than $2.5 million in a private placement of 7 million special warrants priced at 36 cents each.Most of the funds will be used to explore a property in Neva…
News
Nevada back in the spotlight — Midas partners outline gold-silver resource
As equal partners in the Midas joint venture, Franco-Nevada (TSE) and Euro-Nevada (TSE) plan to step up the pace of exploration on a Nevada land package which, although barely explored, already hosts …
METALS COMMENTARY — Proposed changes may affect industry
Several widely used industrial metals and substances were recently declared toxic under the Canadian Environmental Protection Act (CEPA), and virtually every mining, manufacturing and service sector t…
Researchers study devices for locating miners
The Mining Research Directorate, based in Sudbury, Ont., is investigating the feasibility of developing a device that will aid in the location of miners who become trapped or go missing underground.A …
New zone found at Eagle River
Recent drilling, designed to evaluate showings defined by surface prospecting at the Eagle River property near Wawa, Ont., has identified a potentially significant, new gold zone.River Gold Mines (TSE…
Rayrock, Inter-Rock strike deal for Daisy
Joint owners Rayrock Yellowknife Resources (TSE) and Inter-Rock Gold (ME) have agreed on a financing arrangement for their Daisy gold project near Beatty, Nev.Rayrock will lend US$3.5 million to Inter…
Canadian States Gas reports nickel discovery
A newcomer in the junior mining sector, Canadian States Gas (CDN) has experienced a meteoric rise in its share price after releasing results from exploration in Labrador.The junior shot over the $20 l…
Companies (October 02, 1995)
INDEXAberAce Dev.Adex M’gAfriOreAgnico-EagleAmalg CanGldAmaxAmeric ResArchon MinAtlasBarexorBHP Min CdaBilliton MetBre-XBrescaBYG NaturalCambiorCamecoCanGoldCndn States Ga…
Bioleaching shows promise for Adex Mining
New metallurgical processes and higher prices for its commodities may improve the economics of the Mt. Pleasant mine in southwestern New Brunswick. The mine produced tungsten, molybdenum and several b…
Conference highlights vast mineral potential of S.E. Asia
The combination of rapid economic growth and expanding mineral production in Southeast Asia will result in an economic event the world has not seen since the Industrial Revolution, according to the co…
Shaft-deepening ensures longer life for Agnico-Eagle’s LaRonde division
With stope development advancing considerably and a new headframe recently installed, Agnico-Eagle Mines (TSE) is well-poised to prolong the life of its LaRonde mine well into the next century. When i…
Kennecott unveils new smelter
As a demonstration of its commitment to environmental protection, Kennecott recently unveiled what it describes as the most advanced copper smelter in the world.The new US$880-million facility will se…