News

A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…

A new “socialist budget” in Ontario and a drop in both Canadian and U.S. interest rates were among the items to be considered during the week ended April 30. There was little in store for mining in an…

As European investors moved to buy up shares of Vancouver-based gold explorer, Atlanta Gold (TSE), the issue has risen to $2.85 from its April 6 trading level of $1.26 on heavy volume. Investors are b…

Trading activity in Vancouver may be stuck in a sideways pattern, but some observers think things could change if a takeover battle begins to heat up over St. Philips Resources. Today, May 1, El Cond…

A drilling program recently commenced on the Hinson gold project, about three miles southwest of Jefferson, S.C. Pulse Resources (VSE) can earn a 100% interest in the property by making cash payment…

P.T. International Nickel Indonesia, the 58% owned subsidiary of Toronto-based Inco (TSE), recently reported a 48% decline in its first-quarter earnings compared with last year’s levels. P.T. Inco., w…

Black Hawk Mining (TSE) says it will begin drilling on a 24-claim nickel property in McElroy Twp. near Kirkland Lake, Ont., after signing an option agreement for the claims. By spending $475,000 on e…

Completion of a national inventory and data base which identify and rate the mineral potential for economic development on 2,267 reserves across Canada has been announced by Indian Affairs and Norther…

It has always been the case at the Sudbury operations of Falconbridge that one mine bore the brunt of the production load. It was so in the beginning with the original mine at Falconbridge, where the …

Clean, bright, airy and spacious — not uncommon for office space, but for a flotation mill? Or more unusually still, a smelter? When it built its plant, Kidd Creek not only constructed a modern, func…

Falconbridge is spending $46 million this year on exploration. It will feed another $23 million (of capitalized funds) to the New Quebec Raglan project on the Ungava Peninsula. Most of the other money…

Falconbridge’s Kidd Creek copper-zinc-silver massive sulphide deposit is at the west end of the Archean-age Abitibi greenstone belt, 27 km north of Timmins, Ont. The orebody was discovered by diamond …