News

A letter of intent has been entered into between Rio Algom (TSE) and Kerr-McGee Corp. of the United States whereby Rio Algom will acquire uranium properties owned by Kerr-McGee in Wyoming and all the …

Wajax Industries of Etobicoke, Ont., has been made the exclusive Canadian distributor for a product line of underground mine communication equipment designed and manufactured by Stolar Inc. of Denver,…

In the Flin Flon-Snow Lake area of northern Manitoba exploration activity is continuing strong. In fact, it is the most actively explored greenstone belt in the province. The belt’s favorable geology …

With all the surface mining going on in Nevada these days the Kingston mine project of Nevada Goldfields (VSE) is a refreshing change of pace. For one thing it’s an underground gold mine grading about…

Several gold-bearing sections were intersected in a long hole drilled from the 1,250-ft level at the Virginiatown, Ont., property of Armistice Resources (ME), the company reports. Hole 12W50-9 was dri…

A private placement of about $1 million has given American Barrick Resources (TSE) and DCC Equities an increased stake in Toronto- based Hayes Resources (TSE). Under the terms of the placement, Barric…

Your last editorial titled “Research teamwork” (Sept 19) is very timely and well received. It does, however, contain a factual error regarding “Western Centre of Excellence in Surface Mining.” This Ce…

With 23 drill holes completed to date on the Jualin property north of Juneau, Alaska, International Curator Resources (VSE) says observation of drill core reveals that veins and stockwork zones were e…

Minorco SA’s South African- backed bid for the outstanding shares of Consolidated Gold Fields PLC is expected to spark one of the biggest takeover battles in mining history. But even though it will be…

Toronto-based Exall Resources’ (TSE) wholly-owned Gold Eagle property in near Red Lake, Ont. has been earmarked for a 20,000-ft drill program, the Denison Mines (TSE) affiliate said recently. The form…

Utah-based Gold Standard has signed a joint venture agreement to explore its San Juan Hills gold property in Uruguay. Gold Standard is embarking on the joint venture with Compania Mineral San Jose S.A…

When the zinc famine was on in the U.S. in 1937, resulting in the importation of 45,000 tons, the discovery was made that any preconceived ideas about the amount of the metal in undisclosed inventorie…