Despite a faltering economy and declining metal prices, Noranda Minerals, a unit of Noranda (TSE), performed strongly in 1992. Net earnings of $79 million (10 cents per share) were posted last year, c…
Significant increases in production, earnings and cash flow are reported by American Barrick Resources (TSE) for the first quarter. Net income doubled to US$46.1 million (16 cents per share) for the t…
A trio of kimberlite bodies identified on the Fort a la Corne project in central Saskatchewan last year has yielded 138 macrodiamonds with a total weight of 7.61 carats, report partners Cameco (TSE), …
Consulting firm Dynatec Engineering has been hired to carry out a feasibility study on the Komis property of Waddy Lake Resources (TSE) near La Ronge, Sask. The study will be carried out to determine …
A high-grade gold showing will be further explored by Fairfield Minerals (TSE) on its newly optioned Au property 11 miles northwest of the company’s Siwash North gold deposit. The properties are near …
Sampling at the CHOCO-6 property in the El Callao district of Venezuela has indicated the presence of surface gold anomalies, Gold Vessel Resources (ASE) reports. A mineralized area 7 km long and 2 km…
Diamonds added a distinctive sparkle to the Toronto Stock Exchange during the week ended April 20, as investors rushed to take part in speculation associated with a new diamond find in the Northwest T…
Record activity was experienced by the Alberta Stock Exchange during the first quarter. Volume during the 3-month period, at 431 million shares, was 97% higher than one year ago. The value of shares t…
An intersection of sulphide mineralization has been encountered by Noranda Exploration at a property near Timmins, Ont. The discovery was made on a 26-claim block in Wilkie Twp., 70 km east of that ci…
Four holes have been drilled by Focal Resources (ASE) on a metallic mineral lease in northeastern Alberta. Each vertical hole, 50 ft. in length, encountered widespread mineralization. Significant inte…
Carlo Civelli appointed vice-president, finance Europe.
Champlain Charest appointed director.
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