In the hope that new mines can be found in the shadow of old ones, Red Lake Buffalo Resources (TSE) has been busy on a group of claims containing t hree former gold producers. According to President J…
A proposed $16-million debenture offering has been announced by Vedron Ltd. (TSE) which, if successful, would allow the company to bring its Fuller gold depos it to production. Near Timmins, Ont., th…
Managing a unique solution process for the recovery of potash from a big, deep-seated deposit, located 25 miles west of Regina, Sask., is the job of Colin S. Mackay, manager of operations for 0000,06…
A recent deep drill hole on Holmer Gold Mines’ (ASE) Bristol Twp., property near Timmins, Ont., has yielded three significant intersections in a previously un explored area near the main zone deposit….
Week’s Price (US) Change Gold* $360.75 +$ 1.95 Silver* $ 5.07 –$ 0.01 Platinum* $473.65 –$ 0.95 Nickel** $ 5.17 +$ 0.31 Lead** $ 0.34 +$ 0.02…
Vancouver-based Canamax Resources (TSE) has agreed to sell its 24.5% stake in the Midway zinc- silver project in British Columbia to Regional Resources (TSE) for $1 million. As reported (N.M., Aug 7/8…
A number of issues are emerging as Canadian business organizations assess the impact of the proposed federal Goods and Services Tax (GST). To assist in this a nalysis, tax specialists Barry Dent and J…
Toronto-based Terex Resources (ASE) recently optioned two separate claim groups in the Eskay Creek region of British Columbia about seven miles south of the gold discovery of Calpine Resources (VSE) …
London-based Bond International Gold (TSE), also known as BIG, has become a little smaller. After recently selling a portion of its Australian mining interests near Kalgoorlie’s “Golden Mile” area, BI…
The headframe is typical of the next stage in the evolution of mine headframes: it is completely enclosed. Enclosed headframes are also called shafthouses. The shafthouse keeps out the frost and the …
Ontario’s Ministry of Northern Development and Mines has approved 101 grants totalling $6.27 million for programs completed under the Ontario Minera l Explorat ion Program (OMEP) between April and Jun…
Crown Butte recently said that it had elected not to proceed with the previously announced public financing. Instead it arranged a private placement in the am ount of $2,150,000 consisting of special …
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