News


International gold show in Boston

An “international outlook” focusing on the gold-mining scenes in the U.S., Latin America, South Africa and Australia will be on the agenda of the annual Boston Gold Show set for June 5-7 in the Massac…


Kingswood takes options on gold prospect

Kingswood Explorations (ASE) has acquired an option to earn a 100% interest in a gold property straddling Bryce, Truac and Robillard twps., 5.5 km north of Heather Lake, Ont. Based on recommendations…


Moving up the environmental spectrum

Endorsing the concept of sustainable development implies that a company will make a commitment to “develop management skills to a level comparable with those we use in economic management,” says the G…


Sale of Chilean deposits extended

Potential buyers will have until the middle of June to make offers for certain Chilean gold properties held by Cominco Resources International (TSE) and a joint venture partner. The partners are join…


Smelter problems for Falconbridge

Production problems were recently experienced by Falconbridge at the company’s Sudbury smelter. The nickel producer, owned 50-50 by Noranda Inc. and Trelleborg AB, said the smelter’s number one furn…



Denison to sell Zemex interest

An agreement to sell its 33.9% interest in Zemex Corp., a producer of industrial minerals and mineral powders in the U.S., for US$8.6 million has been entered into by Denison Mines (TSE). In addition…


Mimiska plans work program

An electromagnetic survey undertaken at the Pusticamica property in Mountain Twp. in northwestern Quebec identified three strong bedrock conductors, Societe Miniere Mimiska (ME) reported. The company …



Aur drills Abitibi bets

Exploration resumed recently on three Val d’Or, Que., base metal properties optioned by Aur Resources (TSE) from Consolidated Abitibi Resources (ME) and Dumont Nickel (ME). Aur is spending $500,000 o…


Placer Dome battles operating costs

Along with efforts to explore for and acquire base metal properties, management of Placer Dome (TSE) intends to further improve the company’s operating performance this year. “Our profit margins are …


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