Mining supports Science World
British Columbia’s mining industry is once again supporting Science World’s efforts to raise funds for the development of new exhibits. The Mining Association of British Columbia is sponsoring third p…
1993
KWG finds diamonds at Bucke
Another kimberlite pipe in northeastern Ontario has yielded diamonds for its new owners. Having taken a 25-tonne sample from the Bucke kimberlite pipe near New Liskeard, Ont., partners KWG Resources (…
Bonfortel drilling is encouraging
Drilling at the Bonfortel copper-zinc-silver prospect near Joutel, Que., intersected volcanogenic sulphide mineralization, Consolidated Bonanza Metals (ASE) and Forbex Resources (ME) report. Five hole…
PROFILE — Metall’s Zeitler plans mining province around
The Northwest Territories, which provides a new frontier for mineral exploration and development, has attracted an increasing number of companies to place their bets there. Metall Mining, for one, is …
Canadian juniors scramble for Kilometre 88 positions
Canadian junior companies are scrambling to tie up ground in Venezuela’s Kilometre 88 district where Placer Dome (TSE) is exploring a gold deposit mining analysts speculate has multi-million-ounce pot…
International flavor to Cordilleran Roundup
Delegates to the recent 1993 Cordilleran Roundup heard about exploration activity at home, in particular in British Columbia and the Yukon, and also about opportunities overseas. In British Columbia, …
METALS MARKETS — High metal inventories a concern
The recession and the subsequent rise in metal inventories continue to generate misery and further announcements of cutbacks in the mining industry. Metal consumption is down almost everywhere to some…
Thermal to test potential of Labrador Trough property
With its Williams Creek copper project entering the feasibility stage, Thermal Exploration (ASE) has turned to the Labrador Trough of northern Quebec for new reserves. This year, the California-based …
Eden Roc aims for higher output
Annual gold production of 100,000 oz. within three years is projected by Eden Roc Mineral (TSE). Chairman Harry Quint made the prediction at an analysts meeting in New York City. He said Eden Roc, wit…
Sutton drilling returns nickel
Drilling on the Kabanga nickel project in northwestern Tanzania returned a number of wide intersections for owner Sutton Resources (VSE). The drilling included a 16.09-metre intersection in one of the…
INSIDER TRADING — Attenborough bails out of Canhorn
Assistant Secretary Bruce Attenborough sold his holdings in Canhorn Mining (TSE) at the end of December, when the stock was trading at 5-year highs on speculation over a diamond concession in Africa. …
Cambior boosts gold output (February 08, 1993)
Gold production in 1992 increased by 13% to 354,240 oz., Cambior (TSE) reports. Higher output at the Mouska and Silidor mines in northwestern Quebec and at the Valdez Creek placer project in Alaska wa…