In 1991, Canadian exploration expenditures totalled $532 million, down from $775 million in 1990. Senior companies spent $416 million and junior companies $116 million. Some 732 operators reported exp…
A letter of intent has been signed with Almaden Resources (VSE) concerning two gold properties in the Mexican state of Sinaloa, Eldorado (VSE) reports. Eldorado has been granted an option to earn a 51…
The Winston Lake mine relies on a modified Avoca method for extraction. But that wasn’t the technique considered in the early planning stages. Back then, flatback mechanized cut-and-fill (MCF) was tho…
Feb.23 Feb.22 Feb.19 Feb.18 Feb.17 High Low Composite”300″3452.78 3447.67 3426.31 3409.42 3417.70 4009.47 3009.91 Metals&Minerals 2893.08 2907.29 2891.83 2889.78 2906.96 3453.06 2502.63 Integrated Min…
MEND, OMEP, CORE, MDA, OMA, MABC, MNDM, GAC, MAC, FLIP, SLIP, BLIP, HIP. Enough! Enough! No more acronyms. Or if there must be acronyms, outlaw tongue-twisters like MNDM or MABC. MEND slips easily off…
Semi-monthly reports as of Feb. 15, showed 50,901,585 shares of 622 issues compared with 51,188,527 shares of 567 issues on Jan. 31. Larger individual positions included: Amax Inc. 35,889, up 35,889; …
Effective March 1, Gary Livingstone will become president and chief executive officer of the Mining Association of British Columbia, replacing Tom Waterland who resigned to pursue a new career. Living…
Following a small drilling program on the Montgay property about 55 km northeast of Val d’Or, Que., Teck (TSE) indicated its intention to terminate the option, William Resources (ME) reports. Previous…
Virginia Gold Mines (ME) says it has completed two private placements worth a total of $326,000 with Marleau Lemire Securities Inc. ($150,000) and eight officers of Virginia ($176,000). The placements…
A shareholder of International Musto Explorations (TSE) is alleging that the company and Adolf Lundin were party to a number of securities transactions that are alleged to have conveyed undue benefit …
Ontario’s Ministry of Northern Development and Mines will place its Temiskaming Testing Laboratory in Cobalt on a care-and-maintenance basis effective Sept. 1. Demand for the lab’s service has dropped…
Early-stage exploration programs are being planned by Stratabound Minerals (ASE) for two newly acquired base metal properties in the Aiken Lake area of northeastern British Columbia. The company purch…
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