Summitville, the troubled mine most associated with Galactic Resources (TSE), is up for sale. A Taiwanese company has made Galactic an offer to purchase the mine, which began production in 1986. “We a…
The Prospectors and Developers Association of Canada says it is pleased that the Goods and Services Tax (GST) draft legislation released on Oct 13, addresses a serious concern of the association. Acco…
About 35 prominent mining men came out to Howden Canada’s manufacturing plant in Scarborough, Ont., recently to witness the official unveiling of a tunnel-boring machine, designed specifically for har…
Canyon Resources (NASDAQ) has entered into an agreement with Bankers Trust ,where Bankers Trust will act as Canyon’s financial adviser in the acquisition of the assets of Addwest Gold. Canyon has the…
In relative obscurity, Plexus Resources (TSE) and Kennecott Corp. have been developing a Nevada open pit mine that will rank as the fourth largest heap leach producer in the U.S. The Rawhide project, …
The Prospectors and Developers Association of Canada will hold a symposium on computer treatment of exploration and mining data at Metro Toronto Convention Centre, March 9-10, 1990. Also available at …
Additional drill results have been released by Noranda Inc. (TSE) from its gold discovery held in joint venture with Glimmer Resources (VSE). Situated in Beatty and Hislop twps., Ont., the 14-claim pr…
Underground exploration will not begin at the copper-zinc discovery of Aur Resources (TSE) and Societe Miniere Louvem (TSE) until a legal dispute involving the two companies is settled, says a top Nor…
A production decision for the Eagle River project could come by September as underground work has been advancing rapidly and a mill test of 60,000 tons of development ore is scheduled to begin shortly…
The price of gold may have risen above $400(US) for the first time since January, but the yellow metal’s return to health wasn’t really reflected in Alberta share prices for the week ended Nov 21. Man…
Three drills are at work on the McKenzie Break group of properties held by joint venture partners Placer Dome (TSE) and Tundra Gold Mines (VSE) near Val d’Or, Que. Situated 15 miles northeast of Val…
VSM Exploration (ME) and partner Serem Quebec have more than doubled reserves at their Grevet M property in Quebec. Following the completion of exploration work to the end of October, the partners hav…
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