News

Two drill holes on property in Beauchastel Twp. in northwestern Quebec have intersected “very interesting copper values,” Kimex Resources (ME) reports. The property is located 15 miles west of Rouyn-…

Describing it as the “dawn of a new day for the American mining industry,” Homestake Mining Chairman Harry Conger set the tone for what was certainly an upbeat American Mining Congress convention here…

While the demand for lead continues to be firm, the market should remain well supplied with prices on the defensive for the rest of this year, international investment firm Shearson Lehman Hutton writ…

A letter of intent has been entered into between Rio Algom (TSE) and Kerr-McGee Corp. of the United States whereby Rio Algom will acquire uranium properties owned by Kerr-McGee in Wyoming and all the …

Canada’s position as a metals producer can’t be maintained without finding ** more deposits ** In the search for new mineral deposits, the preoccupation with gold in recent ye…

The majority of the gold mines that have been discovered along the 60 to 70 miles betweeen Noranda and Val d’Or, Que., are located close to, or within a few miles north of, the major break known as th…

On the side of a tavern along Highway 66 near Kirkland Lake, Ont., the sign reads “Go with the Flow.” The diamond drillers along the Golden Highway that runs from Timmins, Ont., to Val d’Or, Que., dea…

An option agreement has been completed between Champion Gold Resources (VSE), Power Explorations (TSE) and Moss Resources (ASE). The deal gives Champion the right to earn a 50% interest in Power’s Ohm…

Wajax Industries of Etobicoke, Ont., has been made the exclusive Canadian distributor for a product line of underground mine communication equipment designed and manufactured by Stolar Inc. of Denver,…

Noah being a sensible sort of chap, never made an investment without first consulting his weather charts. They, plus the inevitable good advice from upstairs, told him that the best investment he coul…

Recently, General Electric Co. announced it was closing its Hawthorne plant in Chicago, Ill. For those of us who have followed the evolution of “human resources management” in business, the closing of…

With its shares trading at 8 cents recently on the Toronto Stock Exchange, Golden Range Resources (TSE) says it has been unable to raise sufficient funds to finance a 5,000-ft decline at the Hudvam pr…