Barrick doubles first-quarter earnings
Significant increases in production, earnings and cash flow are reported by American Barrick Resources (TSE) for the first quarter. Net income doubled to US$46.1 million (16 cents per share) for the t…
News
Fort a la Corne kimberlites yield diamonds
A trio of kimberlite bodies identified on the Fort a la Corne project in central Saskatchewan last year has yielded 138 macrodiamonds with a total weight of 7.61 carats, report partners Cameco (TSE), …
Komis feasibility study planned
Consulting firm Dynatec Engineering has been hired to carry out a feasibility study on the Komis property of Waddy Lake Resources (TSE) near La Ronge, Sask. The study will be carried out to determine …
Fairfield options Au property
A high-grade gold showing will be further explored by Fairfield Minerals (TSE) on its newly optioned Au property 11 miles northwest of the company’s Siwash North gold deposit. The properties are near …
Gold Vessel samples prospect
Sampling at the CHOCO-6 property in the El Callao district of Venezuela has indicated the presence of surface gold anomalies, Gold Vessel Resources (ASE) reports. A mineralized area 7 km long and 2 km…
STOCK MARKETS — Speculative money pours into N.W.T. diamond
Diamonds added a distinctive sparkle to the Toronto Stock Exchange during the week ended April 20, as investors rushed to take part in speculation associated with a new diamond find in the Northwest T…
Active quarter on the ASE
Record activity was experienced by the Alberta Stock Exchange during the first quarter. Volume during the 3-month period, at 431 million shares, was 97% higher than one year ago. The value of shares t…
Wilkie drilling uncovers sulphides
An intersection of sulphide mineralization has been encountered by Noranda Exploration at a property near Timmins, Ont. The discovery was made on a 26-claim block in Wilkie Twp., 70 km east of that ci…
Focal drills Alberta prospect
Four holes have been drilled by Focal Resources (ASE) on a metallic mineral lease in northeastern Alberta. Each vertical hole, 50 ft. in length, encountered widespread mineralization. Significant inte…
PEOPLE — SWANNELL MINERALS
Carlo Civelli appointed vice-president, finance Europe.
PEOPLE — LANSDOWNE MINERALS (April 26, 1993)
Champlain Charest appointed director.
Zigarlick to speak on transportation in the Arctic
John Zigarlick, former vice-chairman of Echo Bay Mines, will discuss the challenges of Arctic transportation at an April 30 luncheon here of the Canadian Institute of Mining, Metallurgy and Petroleum …