With a successful $3.45-million public financing behind it, Toronto- based McNickel Inc. (COATS) has started a 20,000-ft drilling program on its Lac St. Jean nickel-copper prospect north of Dolbeau, Q…
Mining issues — specifically base metal mining issues — led trading activity on the TSE as more than 33.3 million shares changed hands. Almost 10% of that trading was in the form of Falconbridge Ltd…
A major drilling program is expected to get under-way this year at the Gowest Amalgamated Resources (ASE), New Texmont Explorations (ASE) gold property at Tully Twp. north east of Timmins, Ont. Plans …
Land reclamation is always a sensitive topic for miners and environmentalists alike. In the past, the former saw little value in spending money to reclaim mined lands whereas the latter have tradition…
Falling precious and base metal prices contributed to a further decline in Scotiabank’s all-commodity price index in June. The index dropped 2.9% from May, the fifth consecutive monthly decline. Bank …
Exploration is expected to get under way soon at a group of Newfoundland claims acquired recently by Terrex Resources (ASE) from Nippers Harbour Minerals Ltd. Situated about 10 km south of the Bitech …
It may not be happening in any major way in Vancouver, but brokers here are heartened by the recent upswing in trading activity on the big boards back East. However, unlike several years ago when juni…
A $500,000 exploration program has begun on a group of four grassroots exploration properties under option to Blue Emerald Resources’ (VSE) in the Lac St. Jean area of Quebec. The largest of the four …
In a joint notice of intention filed and accepted by the Toronto Stock Exchange, Teck Corp. (TSE), M.I.M Canada and Metall Mining Corp. (TSE) revealed plans to buy additional common shares of Cominco …
The government of Taiwan is in a gold-buying mood again. The Far East nation was extremely active in 1988 when purchases were said to have added 181 tonnes to its gold reserves. International securiti…
Morten Riset, a refinery operator with Cheni, stands beside gold bar at the Lawyers mine site. Photo by The Northern Miner…
After much success in reducing costs, improving efficiencies and increasing gold production, LynnGold Resources (TSE) fell victim to plummeting gold prices. After sustaining continued losses at its Ma…
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