News

For years Cominco has been producing wafers of gallium arsenide used in the ma nufacture of specialized semi-conductor components and circuits. Now the company has received a shot in the arm from the …

Strong flake graphite mineralization has been intersected in each of the 13 diamond drill holes now completed on Stewart Lake Resources’ Kirkam property 25 miles north of Kingston, which it holds unde…

A junior financing-exploration- development company with numerous irons in the fire, Anyox Metals has seen its assets expand rather dramatically of late. Consequently it is becoming much more active. …

Joint venture partners Newhawk Gold Mines, Lacana Mining and Granduc Mines will be spending $4 million on their Sulphurets project this year, about 15% higher than originally budgeted. The increase wa…

Mineable reserves at the Dome Mountain property controlled by Teeshin Resources have been increased, the company says. In the Boulder zone, the company’s consultants have added 84,566 tons which bring…

Siemens Energy & Automation Service Co. has formed the Core Service Group, which will focus on servicing Siemens equipment exported from European manufacturing facilities. Based in Ros well, Ga., the …

Atlas Copco AB of Stockholm has signed an agreement to buy the assets of Chicago Pneumatic from the parent company Danaher Corp. of Washington D.C. for $85.5 mi llion(US). The purchase unites the two …

China will be using technology from Peoria, Ill. -based Caterpillar Inc. to manu facture models of track-type tractors, wheel- loaders, log-skidders and engines. Also, the Caterpillar World Trading C…

This prediction can be made: within a year the Quebec government will be on it s knees pleading to Ontario mining men to please, please come back. It will be lucky if it does not find them too busy el…

Spot closing prices in Pound Sterling per tonne Date July 28 July 27 July 24 July 23 July 22 Copper 1075-1076 N/A 1068-1069 1066.5-1067.5 1063-1065 Lead 390-391 N/…

Inco Ltd. scratched back into the black during the second quarter ended June 30. For the period, the giant nickel producer earned $13.8 million or 11 cents per share compared to a loss of $5 million …

Acquisition hungry Granges Exploration has taken an equity position in International Curator Resources which could lead to full control within a year. The latter has a number of impressive gold proper…