Definition drilling by Kinross Gold (TSE) is continuing on the 1060 zone at the Hoyle Pond mine, near Timmins, Ont. To date, 21 holes totaling 6,000 metres have been drilled on the new zone, which is …
A gold discovery by Adrian Resources (TSE) is enhancing the overall mineral potential of the company’s land package in Panama. The discovery was made on La Petaquilla, a property which already hosts a…
Owing to a full year’s output from the Hope Brook mine in southwestern Newfoundland, Royal Oak Mines (TSE) produced 13% more gold in 1993 than in 1992. The company turned out 276,320 oz. from its thre…
It was another bleak year for Northgate Exploration (TSE). The company reported an unaudited loss for fiscal 1993 of $7.5 million or 26 cents per share, compared with a loss of $8.3 million or 30 cent…
Despite a positive feasibility study on the Almaden gold deposit in western Idaho, Amax Gold (NYSE) has decided not to participate in its development. The company had the option of earning a 65% inter…
The Prospectors and Developers Association of Canada recently recognized Hudson Bay Mining and Smelting for its environmental initiatives. The company mines and process metals — primarily copper, zin…
Alberta-listed Rhand Industries has an option to acquire Lone Mountain Mining, a privately owned US company. As consideration, Rhand has issued 50,000 common shares and will spend $US250,000 on explor…
My brother-in-law recently gave me a tour of Timmins, Ont., to show me the new shopping malls, residential districts, the multi-million dollar hospital, new parks, and so on. It was most impressive so…
Last week’s agreement between the U.S. and Russia over uranium imports into the U.S. is a slap in the face to Canadian producers. It is also a violation of the Canada-U.S. Free Trade Agreement (FTA). …
Recent letters by Siegfried Muessig and Patrick Burns published in The Northern Miner have challenged my role in the discovery of the Escondida orebody in Chile. Theirs are remarkable assertions, give…
Vancouver-listed Charlim Explorations has discovered two gold zones on the Bourlamaque Twp. property of Wrightbar Mines (ME). Charlim is earning a half interest in the gold property by paying Wrightba…
Producer Hemlo Gold Mines (TSE) has started drilling on the Sagar-III property in the Labrador Trough region of northeastern Quebec. The company hopes to identify the source of gold- and uranium-rich …
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