News

With a reduction of 60% in U.S. zinc smelter capacity during the last 25 years there has been a consolidation in the industry favouring the integrated producer, the enterprise that mines, smelts, refi…

Exploration-oriented juniors which make the transition to gold producers without stumbling are few and far between. Crown Resources (VSE) is something of an anomaly, in that the company has yet to suf…

Darrell Curtis appointed a director succeeding Laurence Sookochoff who resigned.

“The best place to look for a new mine is near one,” is a tried and true exiom of the business. And by the same token, new ore deposits are frequently discovered close by known ones. Indeed the histor…

Noranda Exploration (Norex) plans to spend $75-80 million this year for grassroots exploration in North America says President John Harvey. Noranda Exploration conducts mineral exploration on behalf o…

TGA Management, a private company that owns a controlling 19.5% stake in Parlake Resources (TSE), is preparing to tighten its hold on the Toronto-based junior exploration company. Under an agreement w…

Still waiting for Minnova’s (TSE) response to feasibility results on the Mobrun polymetallic mine, Audrey Resources (TSE) is considering an alternate mining proposal which would limit the operation to…

Queenston and Strike Minerals have signed a formal joint venture agreement on the Robertson Twp. base metal property near Matachewan, Ont., giving Strike a 40% interest in the project. The partners ar…

For the third time in as many years, the annual average New York (Handy & Harman) price for silver in 1990, at US$4.82 per oz., was lower than for the previous year, the Silver Users Association of Wa…

Exploration on the King’s Point project, 75 miles south of Deer Lake, Nfld., has yielded disappointing results for Springer Resources (VSE). Although three holes drilled to test geophysical and geoche…

Noranda Exploration, a unit of Noranda (TSE), has moved five rigs on to the Lynne property, about one hour’s drive from this tourist town, in an attempt to delineate the deposit before spring breakup….

SOQUEM, the Quebec government’s mineral exploration company, has acquired the right to earn a 50% interest in Canspar Resources’ (ME) Portage du Fort dolomite property north of Hull, Que. The 14-claim…