News

Royalty-holder Franco-Nevada Mining (TSE) has paid US$2.25 million to South Africa-based Rustenburg Platinum for a 5% net profits interest royalty in that country’s Pandora platinum property. The depo…

Western markets appear to have slipped into the fall-winter doldrums despite the considerable amount of exploration activity taking place in the Southern Hemisphere. Gold is not helping matters, altho…

A report in our Oct. 17 issue incorrectly stated that Atlas (NYSE) will combine Granges (TSE), Hycroft Resources & Development (TSE) and Dakota Mining (TSE) into one company. Atlas does plan to initia…

If you can’t take the heat, get out of the mine. Or drive a ventilation shaft. Which is exactly what Coleman miners did in near-record time, without incident and under difficult conditions. “It was ki…

Exploration and infill drilling are continuing at the Mulatos project in Mexico’s Sierra Madre mountains. Placer Dome (TSE) acquired the property from Minera Real de Angeles in May, 1993, for US$5 mil…

A preliminary evaluation of the Hammerdown gold deposit in Newfoundland recommends underground trackless mining with shrinkage stoping. The deposit, which forms part of the Rendell-Jackman property, i…

A study on titanium by AME Mineral Economics of Australia indicates that chlorinatable slag will be the glamor TiO2 feedstock for the remainder of the decade. Projected balances show that the existing…

The government of Saskatchewan has unveiled a $10.5-million Training Plan to provide mining jobs in the province. Keith Goulet, minister of associate education, training and employment, signed the pla…

John Paterson appointed director.

Robert Franklin appointed director.

Richard Lo appointed director.

At the Palmarito project in Mexico’s Sinaloa state, Great Lakes Minerals (TSE) has identified an area with significant gold and silver values. The mineralized area has a strike length exceeding 600 me…