News

Glacial study for Sagar project

A study of the quaternary geology of the Sagar-III property, in Quebec’s Labrador Trough area, has met with encouragement. Mineralized boulders previously discovered on the property, owned by Virginia…


Youth group backs mining

Four university students in British Columbia have formed a youth group to promote mining in the province. Law student Lisa Skakun, a founding member of the B.C. Mine Society, said the goal is to creat…






Company director fined in accident

A company director, along with the company itself and a supervisor, has been convicted of an offence, the first under Ontario’s revised Occupational Health and Safety Act. The accused pleaded guilty r…


Ariel No. 1 gold producer in Costa Rica

With the Matapalo mill approaching its 300-ton-per-day capacity, Ariel Resources (VSE) is Costa Rica’s largest gold producer. The company produced 9,413 oz. in the fiscal year ended Sept. 30, 1993, an…



Viceroy launches global exploration initiatives

With the Castle gold mine churning out more gold and healthier profits, Viceroy Resource (TSE) is setting its sights on opportunities farther afield. The company has joined Gwalia Consolidated, an Aus…


William acquires gold project

Following completion of a due diligence review of the Malmani gold project in South Africa, William Resources (ME) has opted to acquire all shares of Ventra Gold Mines held by Braeside Investments. Ve…


Inco cutting staff, production resumes

Production at Inco’s (TSE) operations in Sudbury, Ont., and Thompson, Man., have resumed after a period of cutbacks. The Sudbury mines were closed for eight weeks whereas, at Thompson, operations were…


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