Stalled since the 1960s, Cuba’s mining industry is now gaining momentum as Canadian explorers venture to the island in search of mineral wealth. At last count, eight resource companies had signed agre…
The steel industry and automakers have begun work on new ways to design and engineer car bodies that could make them up to 20% lighter, trebling current potential for weight savings. The results of th…
Under an option agreement with Calneva Resources (VSE), a unit of Santa Fe Pacific will explore claims in Nevada’s Crescent Valley. Santa Fe can earn a 65% interest in Calneva’s Blue Spider claims by …
It has been a while coming, but Newfoundland’s mining recession is starting to lift, says the province’s mines minister, Rex Gibbons. Mining companies and individual prospectors are expected to spend …
The U.S. Bureau of Mines (USBM) has been involved in an extensive program review as part of the National Performance Review undertaken by U.S. Vice-president Al Gore at the direction of the president….
Major exploration efforts in Manitoba in 1993 remained directed at base metals, but new commodities, notably diamonds, continued to increase in importance on the exploration scene. The recent improvem…
A bulk-sampling program is planned by Armistice Resources (ME) for its gold property adjoining the old Kerr Addison property at Virginiatown, Ont. The 11-month, $1.7-million program will involve the e…
Companies heavily dependent on zinc operations have not fared well in recent years, and Cominco (TSE) is no exception. The major posted a loss of $113.2 million for 1993, which follows a loss of $30.2…
Alberta-listed Savanna Resources has been granted an additional six prospecting permits in the Foxe fold belt of central Baffin Island. This brings its total number of permits to 10. Noranda Explorati…
A new gold zone has been intersected on the Douay North-West property near Joutel, Que. Soquem is earning a 60% interest from Societe d’exploration miniere Vior (ME) by completing a drill program. The…
Richard Osborne elected chairman; Allen Born elected vice-chairman; Douglas Yearley elected vice-chairman and chairman of the financial committee; David Eckert, J. Harvey, Werner Nennecker and Richard…
Peter Kreutzer appointed chief executive officer and Andrew Hyslop appointed chairman and director.
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