Investors continued to stay out of the market today, Feb. 21, as they waited for the dust to settle on Federal Finance Minister Michael Wilson’s sixth budget. Designed to trim the deficit from $30.5 b…
Drilling is under way on a gold property near Eureka, Nev., being explored by Eagle Lake Explorations (ASE), following the signing of a recent option agreement with American Ruby Mines. According to E…
Some 700 geologists recently attended the Geological Survey of Canada’s first Minerals Colloquium in Ottawa. Explorationists presented case histories of borehole geophysical studies on Canadian precio…
Mineral production in Quebec during 1989 increased on average by 13%, while sales of the province’s minerals rose by 3.8%, to $2.8 billion, from 1988 levels. Sales of copper, zinc and gold rose by 26%…
A gift of $1 million to provide students in the department of mining engineering at Queen’s University in Kingston, Ont., with modern laboratory facilities has been pledged by Inco (TSE). Spread over …
Startup difficulties have plagued the new lead smelter owned by Cominco (TSE) in Trail, B.C., where the company has been experiencing problems since mid-December. The primary operating problem is asso…
The mining industry in Ontario is a multi-billion-dollar contributor to the province’s economy and a significant contributor to Canada. To find the mines of tomorrow necessary to continue that role, e…
Golden Titan Resources and 182 Dynamic Endeavors Inc. have amalgamated to form Titan Pacific Resources Ltd. (TPZ:VSE). Golden Titan shareholders receive one new share for 0.2 old shares held; 182 Dyna…
An agreement was signed last November by a large Soviet gold mining association and an Alaska company to combine mining technology developed on both sides of the Bering Straits. Severovostokzoloto of …
The 1989 value of British Columbia’s mineral and petroleum products rose 5% from 1988 totals to reach an estimated $4.16 billion, according to figures released by Energy, Mines and Petroleum Resources…
Having proven up enough ore to keep its Colomac mine running for at least eight years, ABM Gold (AMEX) is under no immediate pressure to find new reserves on or outside the 32,000 acres it now control…
A trial date of Nov. 5 has been set in the Supreme Court of British Columbia for a $17.6-million lawsuit by Abermin (TSE) against Granges (TSE). Abermin is Granges’ joint venture partner at the Tartan…
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