Platinum mining a growth area for Canada
While Canada’s reputation as a gold producer is well established around the world, the country has a long way to go before its primary platinum mining is taken seriously. Making this point in a recent…
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BREAKING NEW GROUND CARIBOU
The Australians who picked up the Caribou deposit two years ago for a song expect to be dancing about their good fortune by year-end. But the skeptical eyes of many a senior geologist in the industry …
Chevron, Manville become joint owners of Stillwater mine
The Stillwater platinum- palladium mine in Montana now has two owners. The board of directors of Manville Sales Corp. has approved a deal whereby Manville and Chevron Resources will purchase the one-t…
Lac gets $48 for Stillwater
A one-third interest in the Stillwater platinum-palladium operation in Nye, Mont., is being sold by LAC Minerals (TSE) for $48 million(C) to its two project partners. Operator of the mine, which opene…
Australian junior files base metals prospectus
An Australian junior appears to be leading a swing by junior companies back into developing base metals properties. East West Minerals, of New South Wales, trading in Sydney at about $1.60(A), this we…
Lead/zinc shipped from Caribou, N.B. by 1989
A new $120-million mine has begun producing concentrates in northern New Brunswick. Lead/ zinc concentrates from the 2,000- tonne-per-day Caribou mine/mill complex should be on their way to Europe by …
Coin Lake prevails for U.S. gold mine
Gold production from the Golden Reward property in South Dakota is expected to begin within six months, Thomas Skimming, chairman and chief executive officer of Coin Lake Gold Mines (TSE), told shareh…
Pegasus plans fifth gold mine in `88
The growth spurt continues for Pegasus Gold with plans for another new gold mine in 1988. The Spokane-based gold producer had a banner year in 1987 with record production and record earnings. Earnings…
Britannia Mines – Canada’s largest museum artifact
A heritage resource — what does it mean? To most people “heritage” means a birthright, a tradition, culture or characteristic inherited from the past. Why preserve the Britannia Mines, and specifical…
Golden Star adds to portfolio in Guyana
Edmonton-based Golden Star Resources has increased its exposure to gold exploration in Guyana by signing mineral agreements for three permissions with the Guyanese government. According to Golden Star…
Pamour and St. Joe deals signal Australian invasion
Nearly four years after Prime Minister Brian Mulroney declared that Canada was open for business, Australian mining companies have been answering the clarion call with an unprecedented wave of investm…
Gordex heap-leach mine into commercial production
Gordex Minerals scored a Canadian gold mining first when it announced commercial production at its Cape Spencer claims northeast of Saint John, N.B. this week. The Cape Spencer project is Canada’s fir…