Deep hole boosts Lewis Ponds potential
Recent drilling at the Lewis Ponds polymetallic project in southeastern Australia has extended the mineralized zone downdip and tripled the reserve potential, reports 100%-owner Tri Origin Exploration…
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Suit drains Metalore coffers but court rules in its favor
The Ontario Court of Appeal has ruled that Metalore Resources (TSE) has regained the right to earn a 100% interest in the Brookbank gold property from Ontex Resources (ASE). The 18-claim property is n…
Mine developers to cover opponents’ costs — New British
In a sweeping series of proposed changes, the British Columbia government is considering collecting fees from mining companies for project reviews. Not only that, companies may be required to pay all …
China planning increased exports
China plans to increase exports of major non-ferrous metals at an annual rate of 7.5% over the next eight years, according to a publication of Ontario’s Ministry of Northern Development and Mines. The…
New digital maps for Flin Flon area
Two maps created under the National Mapping program have been released for the area comprising Flin Flon, Man. and Creighton, Sask. The maps, which update the geology of the area for the first time si…
COMMENTARY — Staying ahead in the nickel market
The year 1992 was a challenging one for Inco. Reflecting low nickel prices, the company incurred a net loss — its first in eight years. As nickel prices fell, Inco worked even harder to reduce costs …
EDITORIAL PAGE — Real potential
The term “potential” has long accompanied any discussion of the mining industry in the Northwest Territories. Over the years, that potential has only been hinted at by way of several spectacular succe…
Aber finds more N.W.T. kimberlites
Aber Resources (TSE) has increased to 11 its Lac de Gras kimberlite finds with the discovery of four more pipes on the Diavik landholdings. The program, which included ground geophysics and 4,000 metr…
LAST BUT NOT LEAST — Barrick leaps’ on to TSE
Responding to investor demand, The Toronto Stock Exchange has added Long-Term Equity Anticipation Securities (LEAPS) for American Barrick Resources. Placer Dome LEAPS also trade on the Exchange. LEAPS…
STOCK MARKETS — Gold stocks steal show on spirited Toronto
Reflecting a long-awaited rally in the gold price, gold shares emerged as the biggest traders on the Toronto Stock Exchange in May, the second most active month in TSE history. Trading a total of almo…
STOCK MARKETS — Trading value on VSE reaches a 6-year high
Reflecting strength in both gold and diamond issues, trading value of $675 million on the Vancouver Stock Exchange during May was the highest since September, 1987. The daily average volume of 26.6 mi…
Dickenson’s first quarter encouraging
Higher gold production and lower costs at its Arthur White mine, near Red Lake, Ont., have enabled Dickenson Mines (TSE) to post higher revenues and earnings during the first quarter. Earnings for the…