It has been a while coming, but Newfoundland’s mining recession is starting to lift, says the province’s mines minister, Rex Gibbons. Mining companies and individual prospectors are expected to spend …
A proposal to merge Gitennes Exploration (ASE) with Kenrich Mining (VSE) and Ambergate Explorations (VSE) would provide the amalgamated company with a broad base of exploration properties in Canada. T…
In a positive sign for the exploration industry, two companies have inked the first agreement to explore and develop deposits in the newly formed region of Nunavut in the eastern Northwest Territories…
Having acquired the local mining assets of Westminer Canada in February, 1993, MSV Resources (TSE) now finds itself with excess milling capacity. The 3,000-tonne-per-day mill, situated at Copper Rand …
Small-scale, underground gold mines have been a feature of British Columbia’s history for well over a century. Some have been likened to slot machines which empty the pockets of over-eager investors, …
While gold mining near Kirkland Lake, Ont., began in 1918, the first rockburst was not reported until 1929. Seven mines were developed along narrow, quartz-bearing veins which are associated with seve…
Alberta-listed Armada Gold will build a pilot plant on the Baley gold tailings project in Eastern Russia’s Chita region. The plant is expected to yield 4,000 oz. gold annually, starting in July or Aug…
Having recently secured a commitment from TVX Gold to develop its Snow Lake gold property in Manitoba, High River Gold Mines is now setting its sights on West Africa. The company has just concluded an…
Gold Funds as of March 2 BGR Central Net Value $16.74 $6.55 Price $13.75 $7.25 Premium 10.7% Discount 17.84% Value $135.9 million $118.7 million…
YMAD, the Argentine state-owned mining company, has received notice of the decision of International Musto Explorations (Antigua) to develop the Bajo de la Alumbrera gold-copper deposit. Musto has opt…
West-coast precious metals smelter and refiner International Nesmont Industrial (VSE) recently completed the purchase of all rights to the refining technology it has been using since commencing operat…
The Prospectors and Developers Association of Canada (PDAC) has named Neil Hillhouse “Prospector of the Year.” Other award winners, who will be honored at the March 7 banquet of this year’s PDAC conve…
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