Old ideas die hard, and one that seems to be taking an inordinate amount of time on its way to the grave is the idea that mining is a dying industry. Remember the “Death of Mining” headlines in the ea…
After a review of 1990 exploration results, partners Seven Mile High Group (VSE) and a unit of Inco (TSE) do not intend to carry out a second phase program on the North vein at the Vault gold property…
A gypsum property in northwestern Ontario has been purchased by Val d’Or Resources (ME) of Val d’Or, Que. President Pedro Cardoso said the group of 40 claims is known to host gypsum mineralization at …
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 119.00 116.30 118.30 +6.80 Feb 118.10 117.90 118.05 +6.05 Mar 117.80 114.90 116.85 SILVER (in US cents per oz…
Yorkton Securities has been retained by Fairbanks Gold (VSE) to complete a private placement of a minimum of 350,000 units at $5 per unit. The units will include one share and a share purchase warrant…
At least three drill programs are scheduled to get under way along the Rhinelander-Ladysmith greenstone belt of northeastern Wisconsin this month as explorers take advantage of winter freeze-up in the…
A minority shareholder of Kerr Addison Mines (TSE), the Ontario Municipal Employees Retirement Board, has increased its stake in Kerr to about 13.6% (about 2.4 million common shares) through the acqui…
Drill results were released by Yellowjack Resources (VSE) from a recent drilling program carried out by a unit of Noranda (TSE) on the Katie porphyry copper-gold prospect near Salmo, B.C. Four anomalo…
Toronto-based Euro-Nevada Mining (TSE) is purchasing a royalty in the Eskay Creek gold exploration project in northwestern British Columbia. Prime Resources Group (VSE) of Vancouver says it has agreed…
Planning a $550,000 exploration program on the Figuery property in Quebec, Mountain Beaver Resources has received partial proceeds of $270,000 from a recent share offering. The company must spend $4 m…
To the surprise of management at Flanagan McAdam Resources (TSE) and Muscocho Explorations (TSE), Hemlo Gold Mines (TSE) has decided to back away from a proposal to purchase an interest in the Magnaco…
Toronto-based Findore Minerals (COATS) says Morgain Minerals (VSE) and Orcana Resources (VSE) have dropped their option to earn 65% on five patented Garrison Twp., Ont., claims which Findore holds und…
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