News

NAFTA and the mining industry

The North American Free Trade Agreement (NAFTA), to take effect Jan. 1, 1994, will present the mining industry worldwide with a unified market with common external tariffs. The three NAFTA partners –…


COMMENTARY — Chinese visit South Africa

Cooperation arrangements between the mineral sectors of South Africa and the People’s Republic of China are in the offing after a recent visit to South Africa of a Chinese mineral delegation. Senior p…


TORONTO STOCK EXCHANGE INDICES (February 01, 1993)

Jan.26 Jan.25 Jan.22 Jan.21 Jan.20 High Low Composite”300″3312.82 3295.64 3275.97 3275.75 3290.14 4009.47 3009.91 Metals&Minerals 2778.76 2799.27 2777.67 2743.31 2745.51 3453.06 2502.63 Integrated Min…


Amer. Resource awarded Durazno

The Bajo El Durazno copper-gold project in Argentina has been awarded to American Resource (USOTC), the California-based company and Argentine state mining company Yacimientos de Agua de Dionisio anno…


GSC aids Kirkland diamond search

The Geological Survey of Canada (GSC) has launched a 5-year, $650,000 program designed to evaluate kimberlite occurrences around Kirkland Lake, Ont., and develop strategies for kimberlite exploration …


Tatshenshini report presents three options

A trio of options are outlined in an interim report related to future land and water use of the Tatshenshini-Alsek River region in the northwest corner of British Columbia where Geddes Resources (TSE)…


Minnova, Freewest start drill programs

Toronto-based Minnova (TSE) has started drilling on the Benoit Twp. gold property in northwestern Quebec, reports partner Freewest Resources (TSE). The 2-rig, 13,000-ft. program will test the known go…


Shoal Lake project study can proceed

A feasibility study on the Shoal Lake gold property of Kenora Prospectors and Miners (CDN) near Kenora, Ont., has been given the green light. Ontario Environment Minister Ruth Grier recently announced…


Drilling continues at Huckleberry

Drilling on the Huckleberry property near Kemano, B.C., recently resumed; 22 holes totalling 10,000 ft. are planned. New Canamin Resources (VSE) is earning a 100% interest in the property from Kenneco…


EDITORIAL PAGE — Big project, big money

New mining developments are getting larger and larger as the years advance. While some might qualify as gigantic, colossal and even leviathan, few, if any, have been described as “megaprojects.” That …



More about diamonds (February 01, 1993)

Canadian mining companies are involved in the search of diamonds both at home and abroad: N.W.T. and Alberta — Pure Gold Resources (TSE) has agreed to option Garden Lake Resources’ (VSE) 50,000-acre …


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