The greenstone belts of northern Manitoba continue to be the focus of base and precious metals exploration and development programs. The most active area is the Flin Flon-Snow Lake greenstone belt, st…
Mining lost one of its brightest assayers when Dennis Fairbairn died recently following a brief illness. He was 71. A native of Victoria, B.C., Fairbairn was known for his strong views on gold explora…
Subject to a favorable feasibility study and necessary financing, Huldra Silver (VSE) says it intends to place its Treasure Mountain silver-lead-zinc project near Hope, B.C., into production. The comp…
Following a period of inactivity, volumes picked up again this week and a number of issues made significant progress. Large blocks of the Bitech Energy Resources, Casamiro Resources and Pelham Gold is…
Homestake Mining Co. (NYSE) reports fourth quarter net income of $15.8 million(US) or 16 cents per share on revenue of $125.7 million. For the same pe riod a year earlier the company reported net inc…
Despite its rugged terrain, remote location and sometimes inhospitable climate, the Iskut River camp in northwestern British Columbia has been an exploration mecca for junior and major companies alike…
Seeking funds to help bring a joint venture gold project in Ghana, West Africa, into production, Sikaman Gold Resources (TSE) has arranged a public offering designed to raise up to $15,150,000. The co…
Between 1983 and the end of 1988, flow-through share (FTS) financing raised some $3 billion for mineral exploration in Canada. Even though it typically takes years of exploration to identify a commerc…
A drill program on the silver property controlled by Sandy K Mines, a private company, will focus on drilling off three silver-bearing veins. Situated near Gowganda, Ont., the Sandy K property is bein…
Cambior Inc. (TSE) reports fourth quarter net earnings of $4.97 million or 21 cents per share on revenue of $28.21 million. For the same period a year earlier the company reported net earnings of $8….
Drilling by Tarzan Gold (ASE) on the Joburke gold property near Timmins, Ont., has identified two shoots within the 6-7 vein and the North zone vein systems. The property is held under option from Nor…
Like many junior explorers, Toronto-based Glimmer Resources (TSE) is attempting to survive in the current market climate by vending out the properties in its portfolio to larger companies. “We look fo…
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