At the northern tip of Quebec’s Ungava Peninsula, the Raglan project is under vigorous study by owner Falconbridge Ltd. “Raglan has the potential to replace the decline in our ore reserves elsewhere a…
Shareholders of Canada Tungsten Mining, Canamax Resources and Minerex Resources approved an amalgamation plan at special meetings held recently in Toronto. With court approval also in hand, the compan…
ALUMINUM: MW U.S. market US57-58 cents per lb. (Dec. 25, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…
Despite a dip in the price of gold and disappointing results from the group of Northwest Territories diamond explorers, the Vancouver Stock Exchange remained little changed during the week ended Jan. …
A deadline to complete $400,000 of feasibility-related expenditures at the Keystone joint venture at Lynn Lake, Man., was recently extended to March 31, 1993, from the end of 1992. The deadline is par…
Asset writedowns totalling about US$14 million are expected to be released by Canyon Resources (NASDAQ) for its 1992 fourth quarter ended Dec. 31. The Colorado-based company said the writedowns reflec…
During the last week of November, when the shares of Skyline Gold (VSE) soared to $1.15 cents from 30 cents, director and majority shareholder Ronald Shon sold a small portion of his indirect holdings…
Prompted by the British Columbia Ministry of Energy, Mines and Petroleum Resources’ failure to issue permits for an exploration drill program, American Bullion Minerals (VSE) dropped its option on the…
A Canadian subsidiary of Homestake Mining (NYSE) recently acquired 2.03 million shares of Prime Resources Group (VSE), thereby increasing its total holdings to about 54% of Prime’s outstanding shares….
A systematic sampling program designed to outline reserves is scheduled to get under way on the Bamingui diamond concession in the Central African Republic later this month, says United Reef Petroleum…
Renowned mining engineer Bruce Edgar Hurdle, who spent his entire career with Cominco Ltd. and its subsidiaries, died recently. He was 79. Born in Winnipeg, Hurdle grew up in Edmonton. Upon graduation…
The president of Exall Resources (TSE), Stephen Roman, recently increased his interest in the company to about 21.8% by way of a private placement. Roman bought 750,000 shares and received warrants en…
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