News

Oretruck on fire at Murdochville

Two weeks after a fire claimed the life of a miner at the Noranda Minerals Inc. copper mine at Murdochville, Que., on the Gaspe Peninsula, a 13-ton oretruck caught fire underground. No injuries were r…


Technology spurs graphite demand

The total market for graphite in North America is small, between 50,000 and 80,000 tons a year (compared with 610,000 tons world- wide). But new technology is spurring demand at growth rates of 1%- 3%…


More Dome drilling on Melrose bet

A drilling program, overburden and diamond, is scheduled to be started after breakup on Melrose Resources’ Blackstock Twp., Ont. property by Dome Exploration. Dome says it intends to spend a further $…


Unigold drilling in Timmins area

An approximate 3,000 ft drilling program has been completed on serveral ip anomalies on the Penhorwood properties, west of Timmons, Ont., by Unigold Resources,. President J. Claude Bonhomme says that …


Alberta Stock Exchange Most issues sideways

Directionless trading appeared to be the order of the week on the Alberta Stock Exchange, as gold prices corrected modestly to the $445 (US) level. Unlike last week, the most active traders list faile…


Editorial Let the CIDA keep away

It seems that there is just going to be no early letup in the fierce competition for those traditional and all-important export markets for our minerals, most of which are now in over supply, worldwid…


Jonpol to drill on Gowest property

A 20,000 ft diamond drilling progam is slated to start in May by Jonpol Explorations on the Denton Twp., Ont., property of Gowest Gold Resources. The two companies entered into a recent agreement wher…



Montreal Exchange Rouyn completes funding

It was an up-and-down week for the mining and minerals index on the Montreal Exchange, although resource issues continued to trade actively. Rouyn Resources of Rouyn, Que., which earlier this month co…



Falconbridge in the red, cheered by gold, silver

Earnings news on the first quarter this year announced at the annual meeting was considerably less than a barnburner for Falconbridge Ltd., but the company is looking for better things for the rest of…


Aluminum talk

An aluminum symposium hosted by Metals Week is scheduled for Oct 19 and 20 in Zurich, Switzerland. Titled “Structural Change: Who Will Benefit?,” the symposium will offer insights on the changing role…


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