News

Study finds new uses for Ontario industrial minerals

Some of Ontario’s industrial minerals could find new uses as substitutes for foreign-produced materials in the manufacture of china tableware, a recent study has concluded. The study, entitled Fine Ch…




Corona hunting for diamonds

Corona Corp. (TSE), better known for its gold production, is getting into the diamond game. Corona has acquired an option giving it the right to earn a 70% interest in a 35,000-acre property held by C…



Editorial Wasting our assets

Mining’s a funny business. It is based on what is unsentimentally referred to as a “wasting asset” and therein lies both the boon and the bane of the industry. It’s the blessing of the industry in t…


Wharf amalgamation is `essential’ for Dickenson

President of Toronto-based Dickenson Mines (TSE), John Kachmar says the planned amalgamation with Wharf Resources (TSE) is an essential cornerstone of his company’s future. The Wharf merger and an acq…


Change of guard at Breakwater

A change of guard at Breakwater Resources (TSE) suggests the company could eventually fall under the control of Corona Corp. (TSE). Ned Goodman, the chairman of Corona, was recently appointed to Break…


New Discovery In Toodoggone

A high grade gold and silver discovery was made by Energex Minerals (TSE) on its JD property (eight miles east of the Al project), part of the company’s wholly-owned Toodoggone project in north-centra…


Doron plans more drilling for Caribou Creek project

A winter diamond drill program is being organized by Doron Explorations (VSE) to continue testing a high grade gold-bearing quartz vein discovered in a recent exploration program on its Caribou Creek …


Canadian output becoming important to Bond Int’l

Canadian operations contributed a tiny but growing part of the 342,900 oz of gold produced by Bond International Gold for the company’s fiscal year ended June 30. The Golden Patricia mine, which began…


Jascan and Atlantic plan amalgamation

Agreement in principle has been reached between Jascan Resources (TSE) and COATS-listed Atlantic Goldfields to an amalgamation of the two companies. An independent financial adviser will be retained t…


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