News

Nuinsco Resources (NWI-T) will issue shares to Western Troy Capital Resources (WRY-A) in exchange for the latter’s 4.9% interest in Nuinsco’s Rainy River property, near Fort Frances, Ont.Subject to th…

ALUMINIUM: LME settlements US$1,435 per tonne (Nov. 12, 1996), alloy US$1,252 per tonne (Nov. 5, 1996).ANTIMONY: Composite free market, US$1,940 per tonne (Nov. 12, 1996).BISMUTH: Composite free marke…

London Metal ExchangeMidday bid-ask prices in $US per tonneDateNov. 12Nov. 11Nov. 8Nov. 7Nov. 6…

In the early 1990s, Canadian mining companies flocked offshore to explore and acquire mineral opportunities that were opening up all over the globe.Chile, Mexico and Venezuela were the early beneficia…

Ongoing exploration by Franc-Or Resources (FOR-T) has resulted in a new gold discovery at the Dagobert-T2 zone in the Haute-Mana property in French Guiana.Through recently completed trenching and prev…

Fred Hewett appointed president and chief executive officer and Donald McLeod appointed chairman.

Emil Leimanis appointed director.

The Vancouver Stock Exchange composite index had a better week than the previous one for the period ending Nov. 6, closing at 1,135.1, up 22.29 points from the last report period. The resource index r…

Atomic Energy of Canada (AECL) and HDRK Mining Research are the joint recipients of the 1996 R&D 100 Award from R&D Magazine for inventing an instrument used to detect loose rock in mines.In tests, th…

Rio Algom has donated $200,000 to St. Joseph’s Hospital in Elliot Lake, Ont., for the creation of a palliative care trust named in honor of Lawrie Reinertson, the company’s former president who died o…

The bulk sampling program at the Blina project of Kimberley Diamond (KDC-V) has yielded 42 diamonds thus far.The project is situated in West Kimberley, South Africa.Kimberley recovered one stone weigh…

London Metal ExchangeMidday bid-ask prices in $US per tonneDateNov. 5Nov. 4Nov. 1Oct. 31Oct. 30…