News

Summo confirms Doctor mineralization

Preliminary drilling by Summo Minerals (SMA-T) has confirmed the presence of zinc mineralization at the former producing Doctor mine in Gunnison Cty., Colo.Between 1900 and 1938, Doctor cranked out 75…



Avalon encounters tantalum at Lilypad

Avalon Ventures (AVL-V) and privately held partner Global Canada have released encouraging results from an 8-hole, 1,094-metre program of diamond drilling on the Lilypad Lakes tantalum project, near P…


Markets nosedive into new year

Stock trading on the first business day of 2001 was decidedly rocky, as fear of a slowdown in the U.S. economy spread north of the border and took its toll on markets here.The bellwether Toronto Stock…


Cambior granted extension

Key lenders to Cambior (CBJ-T) have granted the company a 2-week extension for the completion of its financial restructuring plan, giving the company more time to arrange and consolidate its debt.Camb…


Partners test Birch Lake zones

Partners Wolfden Resources (YWO-V) and Jonpol Explorations (JON-T) have begun exploring the Birch Lake polymetallic property in Ontario’s revitalized Red Lake mining district.Geophysical surveys and d…


CDNX starts year on right footing

Vancouver — Canada’s junior exchange fared well over the holiday-shortened report period ended Jan. 2. The Canadian Venture Exchange composite index tacked on 126.5 points, or 4.5%, and finished the …


Alma, Magnola startups highlight year in Quebec

While there were no mine openings in Quebec in 2000, the industry could draw some cheer from the startup, in the latter half of the year, of two major metallurgical plants.In October, just 32 months a…


NDP bound for defeat

A few months ago, we predicted that Canadian Prime Minister Jean Chrtien would win a third majority government, which he did handily on Nov. 27. We also predicted that George W. Bush and Al Gore woul…



Mervyn Upham, R.C. Hart and Franc Joubin watch the construction of the headframe and mill building of the Quirke uranium mine near Elliot Lake, Ont., in the late spring of 1955.

Odds ‘n’ Sods: The Elliot Lake story

The evolution of Elliot Lake, Ont. — from a logging and fur-trapping centre in the early 1900s to the uranium capital of the world in the 1950s and 1960s, and then to its present status as one of mos…


Province beefs up Ontario Prospectors Association

In keeping with its promise to restructure the Ontario Prospectors Association (OPA), the provincial government is providing almost $1 million through the Northern Ontario Heritage Fund Corp. (NOHFC)….


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