An updated “project description” for the Northwest Territories diamond project managed by BHP Minerals Canada is in the hands of the Environmental Review Panel. The recently created panel is responsib…
With two drill programs under way and a third set to start in January, Nebex Resources (ASE) is anticipating a busy winter. A 25,000-ft. program is in progress at the main deposit of the Canoe Lake co…
Strategic Industry Investments will lend $6 million to Cliff Resources (TSE) so that it can meet its obligations to Mineral Development. The latter is owned equally by Cliff and Strategic. Also, Cliff…
Potash producers in Saskatchewan are selling 800,000 tonnes of their product to China. The sale by Canpotex, the producers’ offshore sales agency, is the single largest order ever sent to China and wi…
Junior River Gold Mines (TSE) is hoping to have its Eagle River gold project in northeastern Ontario in production by August, 1995. The company is also planning to spin off its Moss Lake project into …
A drill program is under way at several gold prospects in the Beardmore area of northwestern Ontario, Metalore Resources (TSE) reports. One hole on the Watson Lake prospect and four holes at the easte…
Vancouver-based BHP Minerals Canada has completed a third phase of diamond drilling on Southern Africa Minerals’ (ASE) Caber base metals property near Matagami, Que. The first phase tested the contact…
A drill-indicated resource has been estimated for the Bibiani project in Ghana, West Africa. The deposit, owned by Toronto-listed International Gold Resources (IGR), contains about 10.5 million tons a…
A second gold zone has been discovered on Golden Tag Resources’ (VSE) Verneuil Twp. property 160 km northeast of Val d’Or. The Midrim zone was intersected in two holes drilled by project operator Free…
Three holes drilled on Black Hawk Mining’s (TSE) Redstone nickel property south of Timmins, Ont., have intersected additional nickel mineralization. The holes were drilled to test the downdip extensio…
Week’s Price (US) Change Gold* $378.35 – $1.45 Silver* $4.77 + $0.08 Platinum* $409.65 + $5.75 Nickel** $3.75 – $0.27 Lead** $0.28 $0.00 Copper $1.34 + $0.02 Zinc $0.49 – $0.01 Courtesy of Scotiabank….
Mining is an integral part of Canada’s economy, and without necessary steps taken by the federal government, this vital national industry will wither away, says Wayne Fraser, a professional engineer a…
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