Start-up troubles have tended to slow operations at the Magnacon gold mine near Wawa in northern Ontario but operator Muscocho Explorations (TSE) is confident it will succeed in reaching full producti…
Calgary-based Durga Resources (ASE) recently added a former lead- zinc-silver producer to a list of Nevada assets which now includes 7,000 acres of mineral rights and two mills. Situated in southweste…
It has been an expensive lesson, both for the 120 local people who were laid off in Nova Scotia last spring and for Coxheath Gold Holdings (TSE) which now owes several creditors who lease equipment to…
For the past 14 years Ontario has fiddled with its 83-year-old Mining Act, trying to bring it in line with current industry practices yet allowing it the flexibility to deal with concerns that are lik…
Long-awaited amendments to Ontario’s antiquated Mining Act were tabled in the provincial legislature this week by Mines Minister Hugh O’Neil. The bill to amend Ontario’s 83-year-old Mining Act follows…
Start-up of the Premier Gold mine project near Stewart, B.C., is proving to be a challenge for project operator, Westmin Resources (TSE). The company said the open pit mining program is now several mo…
The Tundra Gold project — one of the largest undeveloped gold deposits in Canada — is looking uneconomic at current gold prices, say owners Noranda Inc. (TSE), Hemlo Gold Mines (TSE) and Total Energ…
Annual gold output from the Golden Patricia mine in northwestern Ontario has exceeded original expectations. The underground mine, owned 100% by Bond International Gold (TSE), produced 49,635 oz of go…
A sudden heart attack has claimed the life of Toronto consulting geologist Edward Wade. Wade, who worked at various times with Falconbridge Ltd., Lac Minerals and Rio Tinto Zinc, was 49 when he died. …
Drilling by Cameco and Trimin Resources (TSE) on their Hanson Lake zinc-copper property in Saskatchewan continues to intersect mineralization. Two holes in the current 20,000-ft drill program were dri…
A survey by the Gold Institute of Washington, D.C., involving companies responsible for 60% of U.S. gold output, indicates that between 1982 and 1988, these companies invested $614 million(US) in thei…
Control of Stan West Mining’s (TSE) Iron King property in Yavapai Cty., Ariz., is to be acquired by Coronado Resources (VSE), following the signing of a recent option agreement. Coronado has agreed to…
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