The Northwest Territories diamond play has had its high and low points during the past two years. One of the lowest was the evaporation, some months ago, of hundreds of millions of dollars in sharehol…
Despite the flurry of exploration being conducted by Canadians around the world, many companies continue to search for mines in the major mining camps of Ontario. Most of this activity is centred arou…
During the previous few years, mining people here have not seen significant exploration activity in the Red Lake area. In 1994, however, several major and a few junior resource companies have again fo…
Mining in this part of northern Saskatchewan ceased more than 10 years ago, leaving the town with few people and limited prospects. One thing that did not change was the geology and the potential for …
A positive mood is prevailing among junior mining companies active in the Yukon. Exploration spending increased to more than $30 million this season, economic deals have been signed with First Nations…
Expectations are that Asia will be the next mineral exploration “hot spot.” Huge local markets (the total population is more than 2.5 billion), the potential to supply this market and the opening up t…
Drills can be spotted in just about every corner of the Porcupine camp, but at this stage results are sparse. All eyes are on Finnish giant Outokumpu Mines and its exploration program under way in Mon…
London Metal Exchange Spot closing prices in $US per tonne Date Nov 22 Nov 21 Nov 18 Nov 17 Nov 16 Copper 2835-2837 2875-2877 2879-2881 2893-2894 2913-2918 Lead 671.5-672.5 672.5-673.5 676.5-677.5 672…
Junior Lexam Explorations (ME) is exploring within three regions of North America. In June, the company signed an agreement with BHP Minerals Canada for the joint exploration of Lexam’s Mackenzie gold…
Having recently carried out underground drilling at the Nicholas Lake property near Yellowknife, N.W.T., Athabaska Gold Resource (TSE) is recalculating the resource. Intersected widths ranged up to 59…
ALUMINUM: MW U.S. market US89.5 cents-90.5 per lb. (Nov. 11, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 29, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994)…
An Arizona state agency has awarded the environmental permit required for the Santa Cruz project to proceed. The $22-million operation, situated 7 miles west of Casa Grande, is an in situ copper minin…
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