Although much smaller than nearby land-locked Paraguay, Uruguay offers a more favorable terrain for mineral exploration and was recently blessed with the startup of its first modern gold mine. Uruguay…
Prospects for a recovery in demand for most industrial raw materials have faded outside the United States, says the latest Economist Intelligence Unit (EIU) World Commodity Forecast. “Hard commodities…
A long-awaited summary of Dia Met Minerals’ (TSE) diamond exploration plans for the Northwest Territories was released recently. As previously reported, Dia Met and partner BHP Minerals Canada will bu…
Times are a-changing for everyone. What used to be considered the frontier lands of northern Canada have today been, if not tamed, then slightly subdued by civilization. Political events both at home …
Vancouver-based Treminco Resources (TSE) has acquired 28 square miles of claims within the Yellowknife greenstone belt in the Northwest Territories through staking, transference of mineral rights and …
Based on last year’s exploration results, Hemlo Gold Mines (TSE) will drill five holes totalling between 1,640 and 2,460 ft. on the Kli Yul property, held 55% by Vital Pacific Resources (VSE) and 45% …
A deep hole to test the centre of the western magnetic peak of the Wanapitei anomaly near Sudbury, Ont., is under way, reports Flag Resources (ASE). Flag has a 100% interest in 26,000 acres covering t…
A fire that broke out last month in the headframe of the Mobrun mine shaft near Rouyn-Noranda, Que., will cause a delay of about two months in the exploration and development program on the 1100 lens,…
Gold Funds as of Mar. 2 BGR Central Net Value $8.75 $4.92 Price $6.88 $4.65 Discount 21.46% 5.5% Value $49,032,000 $78,232,995…
Contrary to what appeared in an earlier story (T.N.M., Mar. 1/93), Kalrock Resources (ASE) and a private company controlled by Laurasia Resources (TSE) plan to amalgamate, subject to shareholder and r…
By July of this year, the Canadian unit of Homestake Mining (NYSE) expects to submit an application to government for permission to build a mine at the Eskay Creek project, north of Stewart, B.C. “We …
The mining assets of Westminer Canada, including the Copper Rand and Portage mines and the 3,000-ton-per-day concentrator in Chibougamau, Que., have been purchased by MSV Resources (ME), which wants t…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.