Greater powers for OSC in works
The Ontario Securities Commission (OSC) will receive greater powers to protect investors under a bill introduced by Ontario Finance Minister Floyd Laughren in the legislature. The Securities Amendment…
1994
EDITORIAL PAGE — Turning the tables
Canada’s Maurice Strong may not think of himself as an environmental extremist, but the $1-a-year chairman of Ontario Hydro sure has the folks at People for the West! worried. The Denver-based grassro…
Black Hawk cuts nickel at Redstone
The first diamond drill hole at Black Hawk Mining’s (TSE) Redstone nickel property south of Timmins, Ont., has intersected significant values. Hole BH 94-1 intersected 6.79% nickel over 8 ft. from 1,0…
Adrian sells Eskay Creek stake
By purchasing the IKS 1 and 2 claims, Prime Resources (TSE) will gain an undivided 100% interest in the rich Eskay Creek polymetallic orebody in northeastern British Columbia. Prime, which has a 50% i…
Demand helps buoy metal prices
Physical supply, robust demand, speculation and slowly dwindling stock levels continue to underpin virgin metal prices. Producers, indicating that they see nothing to slow it down, are naturally happy…
Trillion drills Jena mines complex
The Jena Mines complex in Zimbabwe has undergone the first phase of a 16,000-metre program of surface drilling. Trillion Resources (TSE) says 15 holes, totaling 4,460 metres, have extended the Stump o…
NEWS ROUNDUP — Armeno closes San Bartolome
Continuing operating losses at the San Bartolome mine in Ecuador have prompted owner Ag Armeno Mines & Minerals (VSE) to wind up the operation. The mine is held by a wholly owned subsidiary of the com…
Asia Pacific works potash deposit
Vancouver-listed Asia Pacific Resources continues to develop the Udon Thai potash deposit near Bangkok, Thailand. The junior holds a 75% interest in the 2,333-sq.-km concession, its partners being the…
Black Pine drilling extends zone
A drilling crew at the Black Pine project in east-central Idaho has delineated more than 16,000 ft. of mineralized strike length. Property owner Formation Capital (VSE) has identified 13 zones along t…
Positive feasibility study for wollastonite project
A positive feasibility study has been completed on Orleans Resources’ (ME) wollastonite property in St. Onge Twp., Que. Kilborn Tecsult of Montreal carried out the study, which incorporated the result…
Labrador find sparks Inuit interest
Management of Diamond Fields Resources (TSE) has met with representatives of the Labrador Inuit Association to discuss development plans for the company’s Voisey Bay project on that region’s northeast…
Diabior, Garde find more gold
Montreal-listed partners Explorations Diabior and Garde, Societe d’Exploration Miniere have uncovered additional gold mineralization on their La Grande property in the James Bay Lowlands of Quebec. Tr…