Assays confirm width of Polaris-Taku zone
Merger candidates Suntac Minerals (VSE), Canarc Resource (VSE) and Rembrandt Gold Mines (ASE) recently released additional assay results from drilling on the Polaris-Taku gold property in northwestern…
News
LATIN AMERICA — Peruvian mine set for mid-1993
Subject to suitable financial arrangements and regulatory approval, the Yanacocha gold project in Peru will enter production in mid-1993, its owners say. Anticipated annual output is 100,000 oz. Capit…
LATIN AMERICA — Trade mission to Argentina
About two dozen mining firms took part in a mining investment mission to Argentina during the first week of August. The mission, sponsored by the Washington, D.C., office of the United Nations Industr…
Tundra plans to join forces with Oneida, Golden Pond
Subject to regulatory approval, Tundra Gold Mines (VSE) plans to complete a merger with Oneida Resources (VSE) and Golden Pond Resources (VSE) to form a new company, TGO Resources. The amalgamated com…
Mexico allows 100% participation in mining ventures
New mining legislation will open Mexico’s mining industry to increased foreign investment and expanded exploration. For the first time, foreign investors will be permitted up to 100% participation in …
GUEST COLUMN – Stifling mine development
How ridiculous can some of those vociferous, head-in-the-clouds environmentalists, including our own public servants, get? A case in point would have to be a charge against Maybrun Mines, a small isol…
IOC’s 5-week shutdown first in almost a decade — Weak demand
For the first time in almost a decade, The Iron Ore Company of Canada has scheduled downtime at its Labrador City operation because of weak demand for its products. About 1,500 workers were sent home …
Dealing in diamond prospects sustains exploration activity
Activities related to the hunt for diamonds continue on several fronts across Canada. In the Northwest Territories, Leeward Capital (VSE) and Skeena Resources (VSE) report signing a letter of intent t…
Calgary site of conference
The Second International Conference on Environmental Issues and Management of Waste in Energy and Mineral Production is scheduled for Sept. 1-4 in Calgary, Alta. Organized in part by the University of…
Drilling starts on North Kemess
Diamond drilling was started recently on the North Kemess property, 100% owned by El Condor Resources (VSE). The property covers about 11 square miles adjacent and north of the South Kemess property o…
Larder Lake active area
During the 1-year period July, 1991-June, 1992, almost $19 million of assessment work (dollars spent) for mineral claims was submitted in Ontario, the province’s Ministry of Northern Development and M…
Higher output for Hemlo Gold
Low-cost gold producer Hemlo Gold Mines (TSE) increased first-half output to 236,600 oz. from its two operating mines. Production at the Golden Giant mine at the Hemlo camp in northern Ontario totalle…