Total nickel production of Inco Ltd. (TSE) is expected to decline in 1990 but recover handily in 1991-92, according to the company’s chairman. Addressing a meeting of brokerage house analysts in Toron…
It is time to put an end to the myth of flow-through financing. It was a method of financing mineral exploration that did more harm than good to the industry. It has reinforced all the negative aspect…
A small diamond drilling program has been started by NovaGold Resources (TSE) on the Mt. Pleasant tin property in New Brunswick. The company is planning to drill at least two deep holes before year- e…
American Barrick Resources (TSE) and LAC Minerals (TSE) have wasted little time in capitalizing from the 4-week-old gold rally. Moving quickly to take advantage of renewed investor interest in senior …
Surprising more than a few analysts, the gold price has staged a recovery and surged past $400(US) per oz. The precious metal, in a price slump the past few months, has not reached such lofty heights …
Ian Nichol, geology professor at Queen’s University, Ont., has received $1.6 million to study techniques for locating base metal deposits. The grant was made through the University Research Incentive …
In relative obscurity, Plexus Resources (TSE) and Kennecott Corp. have been developing a Nevada open pit mine that will rank as the fourth largest heap leach producer in the U.S. The Rawhide project, …
One of Cominco Ltd.’s (TSE) top executives earned a substantial profit recently while buying and selling shares of the Vancouver- based resource giant. John Fletcher, a senior vice- president in Comin…
A large base metals deposit in Utah, held by a financially strapped junior, Noble Peak Resources (ASE), is on the auction block. “We expect to have an offer from a major U.S. mining company within thr…
With the gold price surpassing the $400(US) mark and holding, it’s hard to find anyone bearish about the yellow metal’s future these days. While gold’s performance is always difficult to predict, that…
Underground exploration will not begin at the copper-zinc discovery of Aur Resources (TSE) and Societe Miniere Louvem (TSE) until a legal dispute involving the two companies is settled, says a top Nor…
Negotiations between Rio Algom (TSE) and Uranium Resources (TSE) for a proposed takeover of Uranium Resources by Rio Algom were terminated. The two companies had previously signed a non-binding letter…
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