Waddy drills Komis gold deposit
Drilling is under way on Waddy Lake Resources’ (TSE) Komis gold deposit in the Byers mineral belt northeast of La Ronge, Sask. Waddy plans to complete 10,000 ft. to confirm and expand reserves of 562,…
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Drilling planned at Sterling mine
A 10,000-ft. drill program will begin in mid-September on the Sterling mine property, 120 miles north of Las Vegas, Nev. The program is aimed at testing an area outside current reserves that is consid…
LATIN AMERICA ROUNDUP — Dayton mulls Andacollo venture
Management of Dayton Mining (TSE) may retain a financial advisory firm to evaluate merger and business proposals from mining companies interested in its Andacollo gold project in Chile. Dayton has rec…
Princeton studies purchase of Mexican firm’s assets
A due diligence study will be carried out by Princeton Mining (TSE) as the first step of an agreement-in-principle to acquire up to 100% of a private company holding copper, gold and silver properties…
Norita East mine feeding Noranda’s Matagami mill
A new ore deposit in northwestern Quebec has started providing feed to the Matagami zinc-copper mining operation of Noranda Minerals. The Norita East zone, developed during a 4-year period at a cost o…
Tenajon starts new program
A work program by Tenajon Resources (VSE) is under way on the Smith property adjacent to the Snoball project being drilled by Hemlo Gold Mines and Gold Giant Minerals in northwestern British Columbia….
New contract at Geco mine
Employees at Noranda’s (TSE) Geco mine at Manitouwadge, Ont., have voted 78% in favor of a new collective agreement. Under the terms of the new 2-year contract, effective Aug. 31, wages will increase …
Lone shareholder thwarts plans Polaris-Taku hinges on merger
About 40 miles southeast of here over a spectacular setting of icefields, rivers, mountains and ocean, lies the Tulsequah River valley in northwestern British Columbia. With underground operations dat…
Drilling extends Battle zone
A recent hole drilled by Westmin Resources (TSE) extended the Battle zone discovery by 30 metres east of section 16+92E on the company’s Myra Falls mine property near Campbell River, B.C. The hole ret…
GUEST COLUMN — A thumbs-up for NAFTA
Four out of five Canadians believe in Canada’s presence at the negotiating table with the U.S. and Mexico for a North American Free Trade Agreement (NAFTA). Job creation in Canada has continued to exp…
EDITORIAL PAGE — De Beers’ move
Could it be that the almighty De Beers feels threatened by the Canadian diamond rush? In an uncharacteristic move last month, the diamond kingpin announced that the market for rough stones looks shaky…
Cave-ins occur despite precautions
Hard-rock miners in Canada have an enviable record where mining accidents are concerned. They were late starters into the business and were able to build on the hard-earned corpus of mining law genera…