The Similco copper mine in northwestern British Columbia is being forced to close, though owner Princeton Mining (TSE) describes the shutdown as temporary. The announcement came after Princeton was to…
Territorial status for northern Ontario would mean northerners would be able to revive their mining and forestry industries. The multiple use of land would have to be the basis for any resource policy…
Canada’s best-known mine financier is setting his sights on la belle province, particularly the Abitibi region where his geological team intends to apply some new concepts in the hope of making discov…
New York-listed Homestake Mining plans to celebrate the pouring of the two-millionth ounce of gold from the McLaughlin mine at Lower Lake, Calif. The milestone was set Oct. 15, and will be commemorate…
Toronto-listed International Platinum (IP) has reached an agreement with New Ventures Development concerning an Arizona property. The agreement, subject to due diligence, will allow IP the right to ea…
With the gold market having picked up, Rea Gold (TSE) is assessing the former-producing Bissett property in Manitoba. Kilborn Western and Tonto Mining will assist in the pre-feasibility study, the foc…
The Siwash North deposit is expected to produce 25,000 oz. gold in 1994, more than double the 12,000 oz. Fairfield Minerals (TSE) plans to recover from this year’s test mining. The bulk of these ounce…
Tintina Mines has bought the remaining half interest in the Red Mountain molybdenum property from Amoco Canada Petroleum. The deposit, 50 miles northeast of Whitehorse, Y.T., is now wholly owned by th…
Despite a drop in bullion prices, the Vancouver Stock Exchange resource index climbed more than 31 points to close at 1,483.00 during the period ended Nov. 2. The composite index also gained ground, f…
Nineteen nominees have been proposed for induction into the Canadian Mining Hall of Fame in 1994. The names of the inductees will be announced before the end of the year, with the induction ceremony s…
Stephen Flehner appointed director. N5…
Week’s Price (US) Change Gold* $363.00 – $5.65 Silver* $ 4.21 – $0.18 Platinum* $368.00 – $4.75 Nickel** $ 2.07 + $0.06 Lead** $ 0.18 $0.00 Copper $ 0.74 + $0.02 Zinc $ 0.42 + $0.01 Courtesy of Scotia…
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