1995


FACTS’N’FIGURES — Mine openings and closures

As a result of recoveries in metal prices in the second half of 1994, the year ended on a positive note for mining in Canada. A total of 12 mines opened or reopened in 1994, while nine closed or suspe…


NEWS ROUNDUP — Glimmer ends talks with Dragon

Discussions have ended between two Vancouver-listed juniors regarding financing for the Hislop Twp. gold property in northeastern Ontario,The property is owned by Glimmer Resources.According to Glimme…


Cathedral to drill-test Guyanese gold prospect

Drilling will test a northwest-trending structure on the Tallman property in Guyana.Cathedral Gold (TSE) can earn a 90% interest in the property, which is 5 miles from the company’s Hicks project.In a…


Eagle River soars to summer startup

Preproduction development is bringing the Eagle River gold deposit closer to production.Situated some 50 km west of Wawa, Ont., the property is wholly owned by River Gold Mines (TSE). Gold production …


Five B.C. mines win reclamation awards

Five British Columbia mines were presented with awards for outstanding achievement in mine reclamation programs at the 19th annual mine reclamation symposium held recently in Dawson Creek.The top spot…


Queenstake options Kazakh copper projects

Toronto-listed Queenstake Resources can acquire an interest in several oxide copper projects in Kazakhstan.Queenstake can acquire a 100% interest in Resource Development Kazakh (RDK), a Colorado limit…


China takes steps to bring order to tungsten market

China is taking steps to bring some order to its tungsten industry.The country is reported to have halted mining in order to crack down on smuggling and to prevent prices from falling.In particular, a…


Virginia, Diabior work Quebec properties

Two Montreal-listed juniors, Virginia Gold Mines and Explorations Diabior, are busily engaged in northern Quebec.The companies have concluded two option agreements with Soquem on the Eastmain Ouest an…


Summo sums ups Lisbon reserves

The reserves minable by open-pit methods at the Lisbon Valley copper project in Utah have increased to 42.6 million tons grading 0.43% copper. The overall stripping ratio is about 2.2-to-1.Summo Miner…



Goldstream mill temporarily down

Milling operations at the Goldstream copper-zinc mine near Revelstoke, B.C., have been temporarily suspended to allow underground development to advance.Partners Goldnev Resources (VSE) and Imperial M…


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