News

New Brunswick, Nova Scotia and Newfoundland will jointly host the Atlantic Canada Rock Room at this year’s convention of the Prospectors and Developers Association of Canada (PDAC). The Rock Room will…

Gerald Carlson appointed director.

Bamco Minerals — 1 million shs @ 20 cents per sh. Blackpool Exploration — 2.2 million shs @ 15 cents per sh. Dalton Res. — 2 million shs @ 10 cents per sh. Early Res. — 1.5 million shs @ 10 cents …

“Promising” best describes results of the first six holes drilled in a recent program on the Lewis Ponds gold and base metal project near Sydney, Australia. Holes 18, 20 and 21 intersected extensive m…

Results from 15 of the first 23 holes drilled on the Fenn-Gibb property, near Matheson, Ont., indicate several types of gold mineralization are present. In several holes, Pangea Goldfields (CDN) has f…

The diamond deposits off the western coast of Southern Africa are luring a growing number of companies interested in exploiting them. Although De Beers continues to dominate the offshore lease areas o…

A $60-million exploration program is planned for the deep Victor base and precious metal deposit just north of Sudbury, Ont. Inco (TSE) is waiting for provincial government approval to begin a drillin…

Peter Richards appointed director.

Richard Coleman appointed director.

Patrick Cheung appointed president and director; Robert Ching, Arnold de Silva and Wiong Shun Leung appointed directors.

In 1934, when the U.S. raised the price it would pay for gold from US$20.67 to US$35 per oz., it was deluged by sellers. By 1949, reserves reached 700 million oz. This huge increase put the U.S. in th…

Like a phoenix rising from ashes, a new gold project in northwestern Ontario may yet be developed despite earlier environmental concerns. In 1989, the Duport project of Consolidated Professor Mines (T…