The new chairman of the Ontario Securities Commission is 0000,0506 Robert Wright, a director and vice- president of Teck Corp. Wright will join the commission July 1 and take over from outgoing chairm…
Canadian Giant Exploration (VSE) is raising $900,000 to fund a drilling program on several claim groups in the Betts Cove area of Newfoundland this summer. The company, together with joint venture p…
Bradley Manufacturing recently opened two new production facilities: a 30,000-sq-ft plant in Rouyn- Noranda, Que., and a 18,000-sq-ft building in Timmins, Ont. Total investment in the new facilities c…
Despite record earnings and a heady performance on The Toronto Stock Exchange last year, Pine Point Mines was berated at its annual meeting for not obtaining minority shareholder approval for a major …
Sagging investor interest left most mining shares adrift on a directionless COATS market this week. With diamond drilling expected soon, the shares of McNickel Inc. remain active, however. The company…
Toronto-based Queenston Gold Mines (TSE) has entered an agreement with CMP 1989 Resource Partnership and Co. to subscribe for $275,000 in flow-through share financing for 1989. Queenston said proceeds…
An exploration hole to a depth of 8,688 ft and at 64 degrees was completed recently near Kimberley, B.C., by Connors Drilling of Kamloops, B.C. The hole was drilled with Longyear’s CHD 76-mm coring eq…
The production performance of the Jolu mine in Saskatchewan’s La Ronge district has progressed from impressive in March to spectacular in April. The 400-ton-per-day gold mine is operated by 30%-owner,…
A definitive agreement has been signed between Canamax Resources (TSE), Pacific Trans-Ocean Resources (TSE), Lloyds Bank and Central Capital Corp. regarding the sale of the Ketza River gold mine to Ca…
From a report by John Halsall, outgoing president of the Canadian Diamond Drillers Association, at the association’s annual general meeting in Quebec City recently. The 1988-89 term for the Canadian D…
Encouraging results have been obtained by Ronrico Explorations (VSE) from the company’s Simkar gold property near Val d’Or, Que. Sampling of a 6,600-ton surface stockpile has yielded a high degree of …
Corona Corp. (TSE) says it has intersected potentially diamond- bearing kimberlite on the first hole drilled on its property near Sturgeon Lake, Sask. Corona is exploring more than 14,000 hectares of …
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