News

ALUMINUM: MW U.S. market US51.50-52.50 cents per lb. (Oct. 21, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…

Quebec gold-copper producer MSV Resources (ME) reports major increases in output during the third quarter. Gold production from its Chibougamau projects jumped by 33% to 13,271 oz., and copper product…

I have been researching books on the Canadian mining industry and find that I’ve been able to locate only a few. Perhaps readers of The Northern Miner might know of some that I have overlooked. If any…

Cominco (VSE) has exercised a right of first refusal to acquire 1.2 million shares of Global Stone, an industrial minerals company based in Vancouver, B.C. At the same time, Cominco has arranged for t…

Three holes drilled by Aur Resources (TSE) on the Mainstreet property, east of Val d’Or, Que., have intersected stringer copper mineralization, reports property owner Beaufield Consolidated Resources …

Euro-Nevada Mining (TSE) is going to the market with a minimum 1.1-million-unit issue of common shares and warrants. Each unit will be priced at $38 and the common share purchase warrants will be exch…

Falconbridge has confirmed earlier reports (T.N.M, Sept. 6/93) that it has found “significant extensions” to the Kidd Creek orebody in Timmins, Ont. “The main orebody is now known to continue downward…

Mid-Continent Diamonds, Mineral Deposits Division, Geological Association of Canada, edited by Kathryn Dunne and Brian Grant. 158 pages. $25 for members, $30 for non-members (plus postage: Canada $4.5…

The Lac de Gras diamond play in the Northwest Territories has taken another litigious turn. In a lawsuit filed in the Supreme Court of British Columbia, Equity Investments (ME) alleges it was “imprope…

A 4-hole program is under way at the Goldstream mine property near Revelstoke, B.C. Joint owners Bethlehem Resources (TSE) and Goldnev Resources (VSE) are testing targets immediately south of the Gold…

Can Pro Developments (CPO:VSE) has changed its name to Cadre Resources (CSL:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Montreal Trust.

Ernie Marcotte appointed vice-president and general manager. NORTH AMERICAN PALLADIUM Ernie Marcotte appointed vice-president, mining operations.