While other Toronto-based companies are flocking to less-regulated environments, Hemlo Gold Mines (TSE) plans to spend about 40% of its $15 million, 1992 grassroots budget on gold projects in Ontario….
Your front-page story (T.N.M., Feb. 10/92), especially the reference to the Prospectors and Developers Association of Canada (PDAC) endorsing the continued role of Shelley Martel as Ontario’s minister…
Monk Gold and Resources (ASE) plans to have the Surluga mill near Wawa, Ont., up and running sometime this spring after reaching a lease-to-purchase agreement with owner Citadel Gold Mines (TSE). The …
Toronto-based Aur Resources (TSE) will begin drilling this week on Joutel Resources’ (TSE) 26-claim copper-zinc property near Joutel in northwestern Quebec. With the right to earn a 70% project intere…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 18 Feb 17 Feb 14 Feb 13 Feb 12 Copper 1266-1267 1243-1244 1253-1254 1255-1256 12…
An ongoing exploration program at the Granada property six miles southwest of Rouyn-Noranda, Que., is focusing on shallow surface drilling (to 100 ft.) of the No. 1 and 2 vein systems, KWG Resources (…
The deepest hole yet drilled on Glencairn Explorations’ (ASE) Goodfish property near Kirkland Lake, Ont., has encountered 25 ft. of gold-bearing mineralization. The mineralized zone, which was logged …
Although the VSE’s composite index managed a gain of 11.25 points to finish at 665.05 for the week ended Feb. 18, the resource index remained virtually unchanged at the 523-point level. A lack of furt…
Is Dickenson Mines (TSE) poised to become the operator of the first commercial-size bioleach operation in North America? President Robert McEwen is making no public commitment, but the company did go …
The controversy over Ontario mines minister Shelley Martel, regardless of its final outcome, reflects how far the province’s mining industry has passed into decline. An all-party legislative committee…
Concern about Canada’s 1991 mineral production results released by Energy, Mines & Resources (EMR) has been expressed by the Mining Association of Canada (MAC). Based on estimates prepared by EMR, the…
John Hislop, Douglas Reason and Paul Esquivel appointed directors.
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