New constitutional provisions enshrining aboriginal self-government have prompted expressions of grave concern from some associated with Canada’s resource industries. Ostensibly this concern is rooted…
In his letter to the editor (T.N.M., July 20/92), W.G. Wahl suggests that the journal Exploration and Mining Geology, launched by the Geological Society of the Canadian Institute of Mining, Metallurgy…
The new controlling shareholder of Asbestos Corp. (TSE) is projecting rising sales and prices for asbestos. Societe d’Exploration Miniere Mazarin (ME) says that for Quebec producers of asbestos, the m…
Results from 12 inclined holes at the Murray Brook mine in northern New Brunswick confirm that a significant primary copper zone underlies the lower-grade supergene layer now being mined. Testing 350-…
An active player in the diamond rush in Canada’s Northwest Territories, Kalahari Resources (VSE), has also taken on several exploration projects in Mexico. Earlier this year, the company announced det…
Ontario is calling for a strategic partnership between the province’s mining industry and the provincial government to address issues facing the industry. In a recent discussion paper, the Ontario Min…
Open pit mining is now under way on the copper zone at the Murray Brook mine in New Brunswick, reports owner NovaGold Resources (TSE). The company will ship its first load of copper concentrate to Fal…
A $60-million public offering of 7.5 million Sherritt Gordon (TSE) units closed recently. The units, consisting of one common share plus one-half a warrant, were sold on a bought deal basis for $8 eac…
A purchase agreement that gives Wharf Resources (TSE) a 60% interest in the Golden Reward gold mine near Lead, S.D., for US$21.3 million is complete. Under a new partnership with MinVen Gold (TSE), Wh…
Already one of the best-hedged gold miners in the business, American Barrick Resources (TSE) recently extended its safeguard against weak gold prices to the end of the century. Under a deal with banke…
Several recent agreements set the stage for Imperial Metals (TSE) to increase its ownership of Cathedral Gold (TSE) and acquire a 10% direct interest in the producing Sterling gold mine in Nevada. Imp…
The 1992 exploration program is winding down at the Brewery Creek gold project near Dawson, Yukon, a joint venture held 51% by Hemlo Gold Mines (TSE) and 49% by Loki Gold (VSE). At last report, 15 rev…
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