News

About half the world’s diamonds have come from river and coastal deposits along the west coast of South Africa and Namibia. And while virtually all of that has been produced by De Beers, the industry …

Some first-quarter forecasters will be disappointed, particularly in the U.S. and parts of Europe. Severe winter weather across the Northern Hemisphere has slowed output and consumption of many produc…

Mt. Kearsarge Minerals (MKMN:CDN), under new control, will abandon the resource sector for opportunities in other industries.

Junior Tri Origin Resources (TSE) plans to sell up to 1.2 million units on a best-efforts basis. Each unit will consist of one common share and one warrant. Holders of warrants will be entitled to buy…

Earnings and revenues for CSA Management (TSE) declined last year as a result of a non-recurring gain of $1.4 million on the sale of an investment in securities realized during 1992. CSA reported a ne…

In a positive sign for the exploration industry, two companies have inked the first agreement to explore and develop deposits in the newly formed region of Nunavut in the eastern Northwest Territories…

Encouraging drill results, coupled with an imminent influx of $17.6 million cash, bode well for Eden Roc Minerals (TSE). On its 68%-owned, 320-sq.-mile concession in Ivory Coast, the company has inter…

Higher gold prices, together with higher grades at the LaRonde mine in Quebec, enabled Agnico-Eagle Mines (TSE) to earn more money in 1993 than in the previous year. Revenue from the Val d’Or area min…

China is affluent in tungsten resources and its operational costs are lower than those of most tungsten producers in the world. Although the demand for tungsten in the world market is not strong, if C…

John Grotski appointed director.

Henry Sydor has joined as a drilling and business consultant, based in Denver, Colo.

Alan Archer appointed director.