Mighty oaks from little acorns grow
A case in point would have to be American Barrick Resources, one of today’s true giants of the Canadian mining industry. Barrick’s shares now trade on the Toronto, Montreal and New York stock exchange…
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The mineral collection of the Royal Ontario Museum in Toronto will take centre stage in January when the mineralogy department presents its Cocktails with Curators IV. Curator Fred Wicks and his staff…
Langmuir nickel production near – Low-cost access to orebody
The Langmuir No. 1 deposit of Timmins Nickel (TSE) should be in full production by mid-November, The Northern Miner learned during a visit to the project, 14 miles south of here. The company is curren…
Toronto Stock Exchange Oil price shock may foreshadow gold rally
Neither fear of a Mid-East war nor a sharp increase in the price of crude oil could engender much enthusiasm for gold stocks on The Toronto Stock Exchange during the week ended Oct. 9. But, in the cur…
Mining active when Toronto was just an outpost
Thunder Bay, Ont., has played a direct part, as has all of Northern Ontario, in the mining community. In many respects, northern Ontario, as well as northern Quebec, have been the seminal geographic f…
China challenges U.S. wollastonite output
The balance of wollastonite supply is shifting as China increases output and new producers emerge, says a new report from Roskill Information Services. When China’s largest wollastonite deposit, recen…
Vancouver Stock Exchange Rhodes shines in dismal market
A jump of US$10 per oz. in the price of gold over the past week in concert with Saddam Hussein’s threats to use long-range missiles on Israel have done little to renew confidence in the Vancouver mark…
NEWS IN BRIEF International Rex Ventures Inc.
International Rex Ventures Inc. (IRV:VSE) has changed its name to Prosperex Minerals Corp. (PSX:VSE) on a 1-new-for- 2-old-share basis. Montreal Trust is the transfer agent.
NEWS IN BRIEF Briana Resources Ltd.
Briana Resources Ltd. (BIA: VSE) has changed its name to Briana Bio-Tech Inc. with no consolidation of capital. The company will have no mining interests.
Windy raises cash
Through a private placement of 25 units, Windy Mountain Explorations (COATS) has raised $706,250 for further exploration at the MacLeod Lake copper property, north of Chibougamau, Que. Each unit consi…
Noranda options Deception Lake bet
A drill program operated by Noranda Exploration is expected to begin shortly on the Deception Lake polymetallic prospect north of La Ronge, Sask. The unit of Noranda (TSE) has an option to earn a 70% …
Timmins, built on mining, still experiencing growth – 25% of
The largest city in Canada with a geographic size of 1,240 square miles, Timmins, Ont., bills itself as a “world-class” mining camp with plans to retain that reputation. With a population of 47,000, s…