The Lac de Gras region of the Northwest Territories received some international attention recently as BHP held its annual meeting in Melbourne, Australia. A news service reported BHP Chairman Brian Lo…
A brokered private placement of 1.5 million special warrants at $3.40 each will net Diamond Fields Resources (VSE) just under $5 million. The issue replaces a financing which the company was forced to…
One might have expected rather dramatic rumblings in the gold market this report week, when Russian President Boris Yeltsin’s tanks blasted holes in the Russian parliament buildings to end a week-old …
Drilling at the Damoti Lake project, 150 km north of Yellowknife, N.W.T., has returned a 10-metre intersection grading 16.26 grams gold per tonne in Hole D-5. Consolidated Ramrod Gold (TSE) is earning…
As the federal election heats up, Canadians whose livelihoods are tied to mining should ask their riding candidates what they intend to do — if anything — to keep the industry in Canada. That is the…
Toronto-based Metall Mining (TSE) has bought certain copper smelting and refining assets from controlling shareholder Metallgesellschaft of Germany in a deal worth $171 million. Metall acquired a 35% …
Drilling by Newfoundland Goldbar Resources (CDN) on its Glover Island property in west-central Newfoundland returned significant gold values over wide widths. Three holes were drilled on 300-ft. stepo…
It seems that too many Canadians see only the benefits of a world in which mining and its “loathsome” Windy Craggys are absent. It would be true, for example, that the world would be a quieter place w…
Kimberlites and lamproites were intruded through the Earth’s crust over a wide variety of ages. Not surprisingly, they have all experienced some degree of erosion. In Botswana, a thick cover of windbl…
We should think back during the past four years and count the number of times we have cursed all levels of government for the lack of support shown to mining. The dire situation we face in virtually e…
Annual output at Crown Butte Resources (TSER) New World project in Montana is projected to be 130,000 oz. gold. The company is awaiting a decision on an environmental impact statement which would ena…
Despite a general downturn among diamond issues and a stable gold price at the US$355-per-oz. level, both the Vancouver Stock Exchange resource and composite indexes gained ground. During the period e…
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