News

Earth sciences gallery campaign

The Royal Ontario Museum in Toronto is trying to raise $5 million to finance construction of an earth sciences gallery. The museum says it has been about 12 years since it had such a facility, and it …


CAD a handy design tool

When visiting mining operations and mineral exploration offices in North America, one is often struck with the high level of automation of the tasks performed by the draftperson, geologist and mining …


Juniors find innovative ways to fund development

What exploration needs most in Canada is a good discovery, says Fenton Scott, President of the Prospectors and Developers Association of Canada. At a time when juniors are having trouble raising even …


Market booms triggered by intensity of exploration

Mining’s current slump once again testifies to the traditional cyclical nature of this feast or famine business, depending of course on the price of metals. But stock markets are something else. Here,…


Manitoba to proclaim new mining legislation

In an effort to streamline its mining legislation and create an attractive investment climate in the province, the government of Manitoba is expected to proclaim a new Mines and Minerals Act in 1992. …


Pacific amends terms of purchase

Pacific Cassiar (TSE) says it has received approval to amend its normal course issuer bid to purchase on the open market through the facilities of the Toronto Stock Exchange up to 10% of the public fl…


Northern Saskatchewan prime exploration area

The downward trend in exploration spending in Saskatchewan, apparent since 1988, appears to have flattened and 1992 expenditures are expected to match those for 1991, Saskatchewan Energy and Mines rep…


Juniors examine potential of Chilean deposits

The potential to discover large-tonnage, heap-leach gold and porphyry copper deposits that are minable by open pit in Chile is prompting a small contingent of junior companies to examine the South Ame…


Instability should augur well for the price of gold

Noted in a parking garage, appropriately mounted on a gold-colored car, was this personalized license plate: DIG4 AU. In these times of a depressed gold price battling to hold US$350 per oz., it is re…




Charges against Hemlo dropped

Ten charges brought against Hemlo Gold Mines (TSE) under the Federal Fisheries Act, the Ontario Water Resources Act and the Environmental Protection Act, all related to the Golden Giant mine in the He…


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