News


To the lost miners

Sudbury, Ont.-based Chris Pritchard wrote the following poem after reading about the accident late last year at the deep Macassa gold mine just west of Kirkland Lake, Ont., where the search continues …


ANC would restructure South Africa mining

A draft proposal of the African National Congress (ANC) to restructure South Africa’s mining industry is, in effect, a attempt at “nationalization” and would discourage foreign investors, according to…


Inter-Rock strikes gold at Daisy

Eight reverse circulation holes of a 21-hole program on the Secret Pass deposit, part of the Daisy Gold project in southern Nevada, have been completed by Inter-Rock Gold (TSE). Of the eight holes dri…


PRODUCER PRICES (January 31, 1994)

ALUMINUM: MW U.S. market US55.25-56.25 cents per lb. (Jan. 13, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…


Conwest becomes Granduc shareholder

Toronto-based Conwest Exploration (TSE) has gained an 18.1% direct interest in Granduc Mining (TSE) by buying 2 million shares of the junior gold producer. A further 815,330 shares were bought by Conw…


COMMENTARY — Nuclear industry expectations

Since 1990, the demand for new nuclear capacity in Canada has diminished as a result of the economic recession, and heightened energy conservation by industry and consumers. Major utilities such as On…



Hendricks merging with Everdeen

Inactive Everdeen Resources has agreed to amalgamate with privately owned Hendricks Minerals of Canada. Before the amalgamation can take place, Hendricks must first obtain ownership of the issued and …


Assessment work allocation changes proposed

If proposed changes to Ontario’s Mining Act become law, claim-stakers with small blocks of ground will gain an advantage and those who stake large blocks will lose one. Exploration expenses on a block…


$5.5 million alloted for Golden Bear

About $5.5 million will be spent on a 3-phase program to explore the Golden Bear property in northwestern British Columbia. The property is owned by North American Metals (VSE) which, in turn, is 81% …



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