1994

Five holes have continued to instersect a gold-bearing stockwork system at Ican Minerals’ (TSE) Almaden mine project in Idaho. Holes SW-4 and 5, drilled west of the discovery holes, intersected the sa…

Continued strength in gold bullion was not enough to hold up western markets over the period ended May 31. Gold held in at the US$387-per-oz. level while the Vancouver Stock Exchange resource index di…

Cifford Davis appointed senior vice-president, finance and chief financial officer.

Robert Weicker appointed president and chief executive officer; Robert Buchan and Carl Zuber appointed directors.

Drilling at the Damoti Lake property north of Yellowknife, N.W.T., is returning encouraging results. Hole D-50 returned a 43-ft. intersection grading 0.094 oz. gold per ton, including a 12.1-ft. secti…

In a bid to diversify, Saskatchewan uranium producer Cameco (TSE) has signed a deal with the Kyrgyzstanian government to develop the Kumtor gold deposit in the eastern mountains of the former Soviet r…

Alberta-listed Detector Resources has inked a deal to earn a half interest in Wiscan Resources’ (TSE) Randall Lake gold property in northwestern Ontario. The 102-claim property is in the Opapimiskan L…

Full operations at the Heath Steele base metal deposit, near Bathurst, N.B., are scheduled to resume later this fall, reports owner Brunswick Mining and Smelting (TSE). The decision to reopen is large…

Mining consulting firm Behre Dolbear & Co. of Denver, Colo., has formed a joint venture with a group of Chilean investors headed by Ing. Jorge Lopez Bain. The new company, Behre Dolbear Chile, will be…

A conference aimed at improving the working relationship among aboriginal people, the mining sector, the government and schools is planned for June 21-22 in Thunder Bay, Ont. Organizers are hoping the…

Are Canadian mining companies somehow letting down the home side by jumping on the global bandwagon and acquiring projects everywhere from Peru to Mongolia? Or have the federal and provincial governme…

London Metal Exchange Spot closing prices in $US per tonne Date May 31 May 30 May 27 May 26 May 25 Copper 2256-2258 N/A 2255-2256 2235-2237 2271-2272 Lead 505-506 N/A 501-502 477.5-478.5 483-484 Zinc …