More diamond drilling is under consideration for the large-tonnage, low-grade Moss Lake gold deposit of Tandem Resources (ME) and Storimin Exploration (ASE) which is under option to Central Crude (TSE…
American Barrick Resources (TSE) Chairman Peter Munk recently invested almost $6 million to exercise an option to purchase one million shares of Barrick’s oil refining affiliate Horsham (TSE). Munk al…
A continuing drilling program at the Fish Lake property southwest of Williams Lake, B.C., has doubled the width of what is already a huge copper-gold porphyry system. The property is managed by Taseko…
After signing an exploration agreement with the Tanzania government, Sutton Resources (VSE) announced it is negotiating with a multinational major mining company to work jointly on part or all of its …
Drilling at the Marigold gold project in Nevada, south of the East Hill deposit, indicates potential for additional heap leach reserves, Rayrock Yellowknife Resources (TSE) reports. The company, which…
James Albert Pike James Albert Pike, a past president of the British Columbia & Yukon Chamber of Mines, died May 23 in Vancouver. Born in Humboldt, Sask., in 1906, Pike graduated from the University o…
A unit of Placer Dome (TSE) is continuing work on the Pipeline gold deposit in Nevada although Gold Fields Mining recently launched a lawsuit seeking the return of claims believed to contain about 45%…
A proposed merger between Equinox Resources (TSE) and Eastmaque Gold Mines (TSE) hit a regulatory snag when the British Columbia Supreme Court recently declined to approve the combination. The two com…
Activity at the Raglan nickel-copper property in northern Quebec increased dramatically with the decision by Falconbridge last year to proceed with $35 million in advanced exploration and development …
Producer Cameco (TSE) of Saskatoon remained profitable in 1991 despite low uranium prices. Earnings were $1.03 per share compared with $2.21 in 1990. Despite a lacklustre year, President Bernard Miche…
Commenting on the 1991 performance of Asarco (NYSE) at a recent meeting of the Toronto Society of Financial Analysts (TSFA), Chairman Richard de J. Osborne said it was “not a great earnings year.” Asa…
Base metal markets are exhibiting signs that the long downturn may be nearing an end. Scrap generation is low and any pickup in demand must draw on relatively small inventories in producers’ hands and…
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