While gold may have lost some of its traditional lustre, the prospects of discovering economic diamond deposits is luring investors back to western markets. The Vancouver Stock Exchange composite inde…
Montreal-based Stratmin (ME) says 75% owned Stratmin Graphite has completed the restructuring of $18 million in long-term debt owed to the Canadian Imperial Bank of Commerce. Under the restructuring, …
Quebec Crown mining exploration company Soquem is set to begin exploration on the copper properties of Corner Bay Minerals (TSE) near Chibougamau, Que., after signing two option agreements with the To…
Eat my words? Not quite, but I’ve spent a lot of time recently explaining my opinion on diamond exploration, particularly in light of the promising results of a bulk sample from the Lac de Gras diamon…
To say that diamonds are virtually worthless is a gross misrepresentation of the facts (“Diamond find won’t help mining,” T.N.M., April 20/92). Yes, synthetic industrial diamond production exceeds nat…
Recent drilling by Melinga Resources (VSE) on the Macuelizo copper-gold project in northwest Honduras, Central America, returned a number of copper-gold intersections. The drilling is part of a 150-ho…
Toronto-based contractor Hillsborough Resources (TSE), which has already an equity stake in a producing zinc mine, is moving to take advantage of rising demand for coal in the Far East. At the company…
Deepening the No. 2 shaft at the Joe Mann gold-copper mine of Campbell Resources (TSE) southwest of Chibougamau, Que., to 2,700 ft. is under way. The shaft excavation and related work is expected to b…
A recent letter agreement provides for Westmin Resources (TSE) to acquire all of Pacific Gold’s (VSE) interest in the Debbie, Yellow and Thistle gold properties near Port Alberni, B.C. Westmin agreed …
A work program by Minnova (TSE) will begin this month on a large land package adjacent to Curragh Resources’ Stronsay deposit in northeastern British Columbia. Minnova can earn a 60% interest in the 1…
Semi-monthly reports as of May 15, showed 26,957,661 shares of 630 issues compared with 25,039,057 shares of 599 issues on April 30. Larger individual positions included: Amax Gold 80,950, up 62,550; …
Cuba says it has quadrupled nickel sales to western countries and it has plans to double its nickel production by the year 2000. Dependent economically in the past on the former Soviet Union (for exam…
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