News

A week-long symposium focusing on mineral exploration in the Abitibi region of Quebec attracted more than 400 delegates to this northern city. Hosts of the bilingual event, titled “Northwestern Quebec…

The viability of the Quintette coal mine, 50% owned by Denison Mines (TSE), has been put into question by an arbitration panel’s ruling. The price received by Quintette for metallurgical coal will dro…

Joint venture partners Hemlo Gold Mines (TSE) and Mishibishu Gold (VSE) have started a summer work program of backhoe trenching, sampling and prospecting on their 371-claim Pukaskwa River gold propert…

By issuing 3.7 million shares to Surf Inlet Mines (VSE), Newfields Minerals (TSE) will receive a 25% interest in the Princess Royal Island polymetallic prospect, 100 miles south of Prince Rupert, B.C….

In keeping with its move out of the mining industry and into the iron and steel foundry business, Atlantic Goldfields (COATS) has changed its name to Dexus Inc. To coincide with the name change, Atlan…

Vancouver promoter Murray Pezim recently moved to tighten his hold on Goldnev Resources (VSE), which has a 50% stake in the Goldstream copper-zinc property, north of Revelstoke, B.C. According to the …

Underground exploration at the Francoeur gold mine, held equally by Rouyn Mining Resources (TSE) and LAC Minerals (TSE), continues to support the theory that proven reserves can be increased. Situated…

Toronto-based International Platinum (TSE) has received a further $250,000 to finance exploration on the Duluth platinum project in Minnesota and the Goodfish gold property near Kirkland Lake, Ont. Th…

I am not renewing my subscription after more than 20 years as my “ore” zone is depleted, and no “new exploration” is anticipated. No new financing, either. I’ve always been interested in the mining sc…

Reduced expenditures on exploration and development by the mining industry have had a negative effect on Hillsborough Resources’ (TSE) 1989 revenue. The mining contractor reported revenues of $31 mill…

Clearing Drawpoints North Channel Engineering, near Sudbury, Ont., has developed Safe Shot blasting tubes to clear plugged drawpoints. Safe Shot consists of a self-tying, heavy-duty burlap blasting ba…

Edwin Gauchier is interested in finding mines. That’s why he studied to become a geophysict. And he doesn’t care how they’re found as long as they’re found. His is not the approach taken by most prosp…