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 …
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…
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….
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…
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…
Vancouver-listed junior Diamond Fields Resources will assume total ownership of the Loxton Dal and Frank Smith mines in South Africa. Chairman Jean-Raymond Boulle has announced plans to acquire an out…
Gold bullion prices were again weaker, but the slide was at least minor compared with that of last week. Spot prices were off US$1.05 per oz., closing at US$376.45. In spite of bullion weakness, the T…
Bamco Minerals — 1 million shs @ 20 cents per sh. Blackpool Exploration — 2.2 million shs @ 15 cents per sh. Dalton Res. — 2 million shs @ 10 cents per sh. Early Res. — 1.5 million shs @ 10 cents …
Junior T&H Resources (TSE) is negotiating with Michael Zhang for the right to acquire up to a 60% interest in a cement plant, near Changchun in southeastern China. By way of a private placement, Zhang…
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