Significantly, the industrial sector scheduled more work days this holiday season than is normally the case at Christmastime. The reason? Demand for many metals is exceptionally buoyant, with prices h…
The North American mining industry should put down its shield and take up its sword when it comes to excessive environmental regulations, according to several industry experts who spoke at the recent …
Alberta-listed Consolidated Bonanza Metals (ASE) will buy a gold mine in Mozambique and undergo a name change. In addition to acquiring the producing Monarch gold mine near Manica, Bonanza will gain c…
Junior Northern Platinum (VSE) has been granted a 1-year extension on an expenditure deadline on the Wellgreen property in the Yukon. The company now has until Nov. 30, 1995, to spend $200,000 on expl…
The commodity price index of The Bank of Nova Scotia advanced 3.7% in November, 1994, representing an 8% increase over the same period in 1993. Surging metal and mineral prices, together with smaller …
The German parent of Metall Mining (TSE) sold its 50.1% interest in the Toronto-based company, which has mining projects around the globe. Metallgeschellschaft AG, experiencing financial difficulties …
Under a joint-venture agreement, Cominco Resources International (TSE) may acquire a 60% interest in the Chachacomiri gold-silver property in Bolivia from Rio Amarillo Mining (VSE). To do so, Cominco …
In a surprise springtime announcement, Aur Resources (TSE) downgraded reserves at the Louvicourt base metal project northeast of Val d’Or, Que. Aur said the recalculated reserve figure (undiluted and …
Reform of the 1872 Mining Law in the U.S. stalled when lawmakers abandoned congressional efforts to work out a compromise. The House of Representatives and the Senate approved different mining reform …
A vein structure bearing high-grade gold has been identified on JAG Mines’ (ME) Belleterre property northeast of Temiscaming, Que. Situated 400 metres south of the Aubelle No.1 vein, within Guillet Tw…
At the start of 1994, the price of gold seemed likely to reach the US$400-per-oz. benchmark, while many producers of base metals were either reporting losses or, at best, struggling to break even. At …
Preliminary exploration is under way on the Globe Canyon gold property in San Bernardino Cty., Calif. Having completed soil and rock sampling, Golden Chief Resources (VSE) will carry out geophysical s…
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