News

As part of a plan to further downsize and streamline its Ontario fuel services division, Cameco is laying off 58 employees this summer at its Blind River and Port Hope operations. The downsizing will …

Several recent developments well illustrate the true value of exploration to the junior mining sector. Early in January, Queenston Mining and Strike Minerals announced the discovery of a new massive s…

For senior managers who are interested in self-development, the Coopers & Lybrand Consulting Group is holding a 3-day mining management course in Toronto next month. The course, which is geared toward…

The Royal Ontario Museum (ROM) has launched a $5-million fund-raising campaign to develop a new earth sciences gallery. Intended to replace the ROM’s old geology and mineral galleries, closed 10 years…

In less than three years since its humble beginnings as a one property, private company, Major General Resources (VSE) is now one of the largest property owners in B.C’s promising Omineca porphyry cop…

Preliminary drilling results have been released by Cyprus Minerals (NYSE) from the Crypto project near Salt Lake City, Utah. Cyprus is earning a 100% interest in the project from Noble Peak Resources …

Exploration and pre-development expenditures in Saskatchewan are estimated at $45 million for 1991 compared with $57 million in 1990, and $105 million in the recent peak year of 1988. While base metal…

Golden Arrow Resources Inc. (GAW:VSE) and Yellow Band Resources Inc. (YBD:VSE) have amalgamated with Commonwealth Gold Corp. (CWC:VSE). Shareholders of Commonwealth common shares will be entitled to o…

After years of searching through the fly-infested bushlands of northern Ontario for mineral deposits, Timmins prospector Don McKinnon is shifting his attention. McKinnon is launching an all out person…

A preliminary report on the Kutcho Creek copper-zinc massive sulphide property indicates the deposit could be mined using underground methods with lower capital and operating costs than an open pit op…

A half-metre-long intersection cut 24 grams gold per tonne (0,7 oz. per ton) in hole McV-91-3 at the Linjog prospect on the McVean Lake claim block in the Pickle Lake area of northwestern Ontario, Maj…

Minnova (TSE) boosted its interest in Laramide Resources (TSE) to 40.1% through the purchase, via a private placement, of an additional 825,238 shares. Minnova acquired the extra shares by spending mo…