News

The government of British Columbia has agreed to loan Cassiar Mining up to $25 million to develop its McDame asbestos deposit near Cassiar, B.C. Because of its difficult financial position, Cassiar Mi…

It’s expected that as a result of a new company/government technology agreement, the Iron Ore Co. of Canada, (iocc), will be able to considerably improve iron recovery from fine ore now going to taili…

I am writing to request some information on a company called Sunburst Exploration. When I last heard from them, they were involved with Soquem and Sullivan Mines in a joint venture property at Rouyn-N…

Vancouver-based Cornucopia Resources is embarking on a joint venture with Centurion Mines of Salt Lake City, Utah, at the West Tintic mining district in central Utah, Cornucopia announced recently. Lo…

Drilling on the Vezza property located 15 miles south of Matagami, Que., continues to test the main alteration zone with significant results, partners Dundee-Palliser and North American Rare Metals re…

Toronto-based Wilco Mining and a private company called Deak Ariadne Ltd. have agreed to combine their respective mineral exploration and financial expertise under one company, Wilco announced recentl…

Encouraging results have been received by Card Lake Resources from the company’s gold property in German Twp., Ont. Located north of the operating Aquarius gold mine, the Card Lake claims were tested …

At the current mining rate, it would take less than a year for the Highland Valley Copper partnership to deplete an orebody the size of Hemlo. About a quarter of a million tons of ore and waste are mi…

Commencement of a $7.8-million program to remove a bulk sample from the Elder gold project near Rouyn-Noranda, Que., has been announced by partners Aunore Resources, which closed unchanged at 95 cents…

With spring officially here you’d think the market would come out of hibernation but it hasn’t. Realistically, however, there’s no good reason why it should. Although gold prices have firmed lately, N…

It could be several weeks yet before Rayrock Yellowknife Resources, as operator of the Dee Gold project in Nevada, commences the deep drilling program from its open pit at the north end of the prolifi…

Nickel, the metal which no one wanted during most of the 1980s, can’t be had today. As a result, several records were set as the nickel price rally, which started at the beginning of the year, explode…