The Canadian Mining Hall of Fame has released the names of 17 nominees eligible for the next induction in Toronto on Jan. 11, 1993. The eight successful nominees will be announced before year-end. The…
Results from a summer drilling program on the diamond property of BHP Minerals Canada and Dia Met Minerals (VSE) in the Northwest Territories fell short of market expectations when Dia Met issued an u…
A new gold mine is about to enter production in this South American nation which is of major significance not only to the owners, Cambior (TSE) and Golden Star Resources (TSE), but to the country. The…
International Musto Explorations (VSE) has issued for sale 2,594,111 common shares at a price of $2.25 to raise $5,836,749.75. The net proceeds of the offering will be used to repay bank debt and fund…
Following a global search for new prospects by its business development arm, Lac Minerals (TSE) has agreed to acquire all of Chevron’s mineral interests in Ireland for US$70 million. The property port…
Mineral exploration has suddenly become affordable in Alberta with the provincial government’s decision to temporarily waive a $10-per-hectare deposit on exploration permits. And a first-ever Minerals…
A recent formal agreement allows a unit of Noranda (TSE) to earn up to a 70% interest in the Drag property about 20 km north of Gold River, B.C. The Vancouver Island prospect covers an area of Paleozo…
Larry Bell will act as interim chairman. N5…
Former employees of Westar Mining’s (TSE) Balmer coal mine here in the Canadian Rockies are learning all about uncertainty. To save their jobs in this picturesque town of 5,000, their union, United Mi…
A recent option agreement sets the stage for Kookaburra Gold (VSE) to acquire up to a 65% undivided interest in each of the Chaucha and Fierro Urco copper porphyry projects in Ecuador. The junior sign…
Both the Vancouver Stock Exchange resource and composite indices managed to reverse a general market downtrend during the week ended Sept. 8. The resource index gained almost 12 points to close at 562…
As cold and inhospitable as the north of Russia may be, the area produces a significant amount of minerals, including diamonds from open pit operations lying on both sides of the Arctic Circle. It was…
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