News


MacDonald proves up Cuban prospect

A 10-hole drill program by MacDonald Mines Exploration (MMP.A-A) is testing several geophysical and geochemical anomalies on the Florencia concession in Cuba.MacDonald is currently earning a 49% inter…


TSE SHORTS (November 18, 1996)

Short positions outstanding at October 31, 1996Larger individual positions included: Barrick Gold 9,702,563, up 345,297; Agnico-Eagle 499,743, down 127,300; AJ Perron Gold 323,400: Adex Mining 192,505…


Nuinsco buys back interest in Rainy River property

Nuinsco Resources (NWI-T) will issue shares to Western Troy Capital Resources (WRY-A) in exchange for the latter’s 4.9% interest in Nuinsco’s Rainy River property, near Fort Frances, Ont.Subject to th…


PRODUCER PRICES (November 18, 1996)

ALUMINIUM: LME settlements US$1,435 per tonne (Nov. 12, 1996), alloy US$1,252 per tonne (Nov. 5, 1996).ANTIMONY: Composite free market, US$1,940 per tonne (Nov. 12, 1996).BISMUTH: Composite free marke…



EDITIORIAL PAGE — There’s no place like home

In the early 1990s, Canadian mining companies flocked offshore to explore and acquire mineral opportunities that were opening up all over the globe.Chile, Mexico and Venezuela were the early beneficia…


Franc-Or strikes gold in French Guiana

Ongoing exploration by Franc-Or Resources (FOR-T) has resulted in a new gold discovery at the Dagobert-T2 zone in the Haute-Mana property in French Guiana.Through recently completed trenching and prev…





Loose rock sensor wins recognition

Atomic Energy of Canada (AECL) and HDRK Mining Research are the joint recipients of the 1996 R&D 100 Award from R&D Magazine for inventing an instrument used to detect loose rock in mines.In tests, th…


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