Bridger commissions Chilean mine
Bridger Resources (VSE) reported a reduction in gold production at the new La Pepa mine near Copiapo, Chile, because of mechanical problems during the startup phase of operations. The mine is operated…
News
ASARCO to develop Frasergold
A Canadian subsidiary of ASARCO (NYSE) recently entered into an agreement to earn a 50% interest in Eureka Resources’ (VSE) Frasergold property in central British Columbia. Under its terms, ASARCO is …
Toronto Stock Exchange Gold equities weaken as bullion price slumps
Trading activity remained in a sluggish trend during the week ended June 12 as falling gold prices and a shaky economy continued to put a damper on investor enthusiasm. The gold and silver index took …
BP, Lysander in joint venture
A final and formal joint venture agreement was recently signed by BP Resources (TSE) and Lysander Gold (VSE) for ongoing exploration of the Cat Mountain project, north of Prince George, B.C. Cat Mount…
PDAC urges fair taxation for exploration financing
The federal government must stop discouraging investment in the mining exploration industry, says the Prospectors and Developers Association of Canada (PDAC). The Toronto-based mining association is u…
U.S.REPORT Silver Standard plans program for Chandler
Now that a joint venture has been formed to explore the 1,150-acre Chandler gold property near Weiser, Idaho, Silver Standard Resources (VSE) will oversee a $65,000 surface program consisting of geoch…
INSIDE Offshore exploration
More Canadian exploration companies are looking beyond North America for exploitable mineral deposits. Many are finding the number of accessible areas in Canada and the U.S. dwindling while the costs …
INSIDE Eskay Creek
A full report on the Eskay Creek area in northwestern British Columbia is included on pages B8-B11.
INSIDE No Murray Pezim
Promoters play a key role in getting junior mining ventures off the ground, but not all promoters come from the same mold as Vancouver’s flamboyant Murray Pezim. John Ternowesky, a Thunder Bay grain h…
Shaft commissioned at Trout Lake
Ore is now being hoisted up the newly commissioned 2,100-ft. shaft at the Trout Lake mine owned 29% by Granges (TSE), 44% by Hudson Bay Mining & Smelting (TSE), and 27% by the government of Manitoba. …
INSIDE Environment watch
For mining companies, the increasingly rigorous environmental standards being established are creating unexpected costs. The larger, cash rich companies have been able to absorb these costs, but the i…
BMR encouraged by drilling
Recent drilling on the America Mine project owned and operated by BMR Gold (VSE) has further delineated the area where the company hopes to start open pit mining. The America Mine is in San Bernardino…