News

Thunderwood Resources (TSE) and partner Greenstone Resources (TSE) continue to intersect copper-zinc-rich sulphide mineralization while completing a 25,000-ft. drill program at their equally owned Sco…

The Goldstream mine should be ready for commissioning by mid-May, according to 50% owner and operator, Bethlehem Resources (TSE). Bethlehem President Henry Ewanchuk said he expected the startup to be …

A new exploration program involving about 20,000 ft. of drilling and costing about $500,000 at three Louvicourt Twp. properties (in the Val d’Or, Que., area) of Consolidated Abitibi Resources was star…

The Quebec government has decided to extend, for another two years, special flow-through-share tax incentives related to exploration work incurred by mining companies in the province. Finance Minister…

Mineral economics is not a highly favored academic pursuit in Canada. There are no post-graduate level programs at any Canadian university and virtually nowhere to gain any type of accreditation. Ther…

Equity Silver’s (TSE) 1992 projected mine closure has driven home the environmental cost of doing business as the long-term effects of acid rock drainage are hitting the northern British Columbia mine…

Val d’Or, Que.-based Minorca Resources (VSE) has intersected a wide sulphide zone on its Nicobi Lake base metal property in Le Tac Twp., Que. Although assays are pending, the company says the zone, me…

The Colomac gold mine will be placed on care and maintenance late next month when remaining fuel supplies finally run out, shareholders were told at Northgate Exploration’s (TSE) recent annual meeting…

Peter Tarassoff, outgoing president of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), presented awards to a number of well-known resource industry professionals during the associati…

Reflecting the general economic slowdown of the world’s major industrial countries, the first-quarter results of Kerr Addison Mines (TSE) were off compared with the same 3-month period in 1989. Net ea…

The recent Minerals North conference held in this “pro-mining” northern community provided delegates with a snapshot look at a variety of mines operating in the northern portion of British Columbia. A…

Price (US) Week’s Change Gold* $356.40 + $ 0.15 Silver* $ 4.03 + $ 0.06 Platinum* $393.50 — $ 0.75 Nickel** $ 4.01 — $ 0.09 Lead** $ 0…