News

Eurus drops Spectrum option

Chet Idziszek has spent much of this year dropping exploration projects in northwestern British Columbia, the latest being the Spectrum gold property in the north Iskut area of British Columbia. Idzis…


Who will find the first Canadian diamond mine?

Several months have passed since 81 small diamonds were discovered in a kimberlite pipe 200 miles northeast of Yellowknife, N.W.T. In the meantime, more than 5,000 square miles have been staked in the…


U.S. REPORT (March 30, 1992)

Montana-based Western States Minerals dropped its option to earn a 60% interest in the Commonwealth property in Cochise Cty., Ariz., from DRX Minerals (NASDAQ). The company says it dropped the propert…


Charges against Hemlo dropped

Ten charges brought against Hemlo Gold Mines (TSE) under the Federal Fisheries Act, the Ontario Water Resources Act and the Environmental Protection Act, all related to the Golden Giant mine in the He…


Pacific amends terms of purchase

Pacific Cassiar (TSE) says it has received approval to amend its normal course issuer bid to purchase on the open market through the facilities of the Toronto Stock Exchange up to 10% of the public fl…




Instability should augur well for the price of gold

Noted in a parking garage, appropriately mounted on a gold-colored car, was this personalized license plate: DIG4 AU. In these times of a depressed gold price battling to hold US$350 per oz., it is re…


Market booms triggered by intensity of exploration

Mining’s current slump once again testifies to the traditional cyclical nature of this feast or famine business, depending of course on the price of metals. But stock markets are something else. Here,…


Juniors find innovative ways to fund development

What exploration needs most in Canada is a good discovery, says Fenton Scott, President of the Prospectors and Developers Association of Canada. At a time when juniors are having trouble raising even …


CAD a handy design tool

When visiting mining operations and mineral exploration offices in North America, one is often struck with the high level of automation of the tasks performed by the draftperson, geologist and mining …


Earth sciences gallery campaign

The Royal Ontario Museum in Toronto is trying to raise $5 million to finance construction of an earth sciences gallery. The museum says it has been about 12 years since it had such a facility, and it …


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