NovaGold reworks subsidiary’s loan
An agreement-in-principal calls for the restructuring of an outstanding loan of $1.9 million owed by a wholly owned subsidiary of Nova Gold Resources (TSE). The loan was incurred by Murray Brook Resou…
News
Sterling Pacific drills Nevada play
Junior Sterling Pacific Resources (VSE) is drill-testing four anomalies on its newly acquired Monarch-Zim gold properties near Reno, Nev. Besides the 10-hole program of 2,500 ft. now under way, Sterli…
Atlin gold camp geology studied
A 48-page study published by the Geological Survey Branch of the British Columbia Ministry of Energy, Mines and Petroleum Resources describes the geology of a large portion of the Atlin gold camp. Bul…
MINING IN AFRICA SPECIAL — Diamond deposits on W. African,
West Africa’s diamond potential was among the topics discussed at a recent symposium in Toronto titled “The geology and mineral deposits of the Guianan-West African Shield.” Sponsored by the Universit…
MINING IN AFRICA SPECIAL — Canyon turns attention to
Denver-based Canyon Resources (NASDAQ) is best known for its gold mining projects and industrial minerals operation in the western U.S. But in the past several years, with new mining opportunities ope…
MINING IN AFRICA SPECIAL — Birim uncovers anomalies, set to
Preliminary results from an airborne geophysical survey indicate the Dunkwa property in Ghana hosts several potentially gold-bearing anomalies. Birim Goldfields (TSE) plans to conduct soil sampling an…
Grouse Creek up and running
Despite the increasingly complex regulatory environment, it is still possible, after considerable patience and perseverence, to permit a new mining operation in the U.S. For proof, one need look no fu…
PEOPLE — NORANDA MINING & EXPLORATION
Michael Knuckey appointed president and chief executive officer.
MINING IN AFRICA SPECIAL — Pacific Comox exploring in Ghana
Preliminary exploration work on the Adansi-Asaasi concession in Ghana, West Africa, is returning encouraging results for Pacific Comox Resources (VSE). The concession includes the past-producing Chere…
Warren given life sentence, named in Giant mine lawsuit
Convicted of second-degree murder (T.N.M., Jan. 30/95) in the bombing deaths of nine miners at the Giant gold mine in Yellowknife, N.W.T., Roger Warren was sentenced to at least 20 years in prison bef…
Ontario government makes amendments to Mining Act
The Ontario government has made six amendments to the Ontario Mining Act, which Mines Minister Gilles Pouliot says will make the legislation fairer, clearer and more effective. The six changes involve…
MINING IN AFRICA SPECIAL — African countries featured at
More than 20 African countries are expected to take part in the African Mining Investment symposium to take place May 24-26 in Toronto. Organized by the Multilateral Investment Guarantee Agency of the…