Maude Lake explores Victoria Gold
Junior Globex Mining Enterprises (GMX-T) will allow Maude Lake Exploration (MAUD-C) to explore its wholly owned Victoria Gold project in Quebec’s Clericy Twp.Maude can earn a 60% interest in the prope…
1996
STOCK MARKETS — Markets buoyant but mines take dive
With average daily volumes in excess of 100 million shares, and the banking, real estate, construction and industrial sectors leading the charge, the Toronto Stock Exchange’s TSE 300 composite index r…
LME Warehouse Levels (November 11, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.5/96 (change from previous week in brackets):Copper121,175(-11,175)Tin9,820(-255)Lead116,275(-825)Zinc541,025(-3,350)Al…
Friedland shakes off asset freeze
An Ontario judge has removed the freeze on certain assets belonging to mining executive Robert Friedland — assets that the U.S. Environmental Protection Agency (EPA) had hoped to obtain.The assets in…
COMMENTARY — Can mining thrive in B.C.?
The mining industry in British Columbia employs almost 10,000 people and supports another 20,000 there and across Canada. Many more depend, to some degree, on mining in the province. Lawyers, accounta…
Queenston pulls high-grade gold at McBean project
Drilling down-plunge from the McBean open pit, east of Kirkland Lake, Ont., Queenston Mining (QMI-T) has encountered several significant gold intersections, including one with a multiple-ounce grade.F…
Drill results help Teuton and Minvita prove up Clone project
Partners Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) report encouraging drill results from the Clone property in northwestern British Columbia.The joint venture completed 49 diamond drill…
MacDonald resumes drilling on Cuban gold concession
Toronto-based MacDonald Mines Exploration (MMP.A-A) has begun diamond drill-testing geophysical anomalies on the Florencia concession in east-central Cuba.The anomalies, concentrated in the southern e…
ODDS’N’SODS — Diving for dollars
In 1951, I was working for Inspiration Drilling, under contract for Gunner Uranium in Uranium City, Sask. We had two drill rigs on the shore of Ace Lake and were using a 3-shift cycle. Our fieldman on…
Fairbanks set for gold rush centenary
In recognition of the centenary of the Alaska-Yukon gold rush, an international symposium on mining history will be held in Fairbanks from Sept. 9 to 14, 1997.Papers will be presented on various subje…
Canarc goes underground at Polaris Taku gold project
Canarc Resource (CCM-T) has begun the underground phase of its feasibility program at the Polaris Taku property in northwestern British Columbia.The work will entail drilling some 200 holes in an atte…
Asarco prepares to close Leadville mine
Lower prices for lead and zinc concentrate have prompted Asarco (AR-N) to close its Leadville mine in Colorado.The operation will be shut down indefinitely at year-end. The Leadville mill was closed i…