News

PDAC convention acquires an international flavor

With so many Canadian companies active in Latin America and other foreign locales, this year’s convention of the Prospectors and Developers Association of Canada (PDAC) had a distinctly international …


Order of Canada for MacMillan

A past president of the Prospectors and Developers Association of Canada (PDAC), Viola MacMillan will be presented in April with the Order of Canada. MacMillan, 90, is a member of the Canadian Mining …


Corner Bay hits more high grade

A 3,400-metre definition drilling program at the Main Zone copper property, near Chibougamau, Que., has intersected high-grade copper mineralization over strong widths. Soquem is earning 30% of the pr…



Feasibility study for Madsen mine

Toronto junior Madsen Gold (TSE) is conducting a feasibility study on its property near Red Lake, Ont. Funds are provided by a provincial government Norfund grant and a flow-through share issue. Prove…


Falconbridge shortens summer shutdown period

Claiming that a planned 10-week shutdown at its Sudbury operations would have a negligible impact on soaring nickel inventories, Falconbridge has shortened the summer shutdown to two weeks. “Falconbri…



Isotopic lab receives grant

A $110,000 provincial grant will enable Toronto’s Royal Ontario Museum (ROM) to continue researching the dating of rocks and minerals. The ROM’s Jack Satterly Geochronology Lab, which specializes in i…


Arauco acquires copper properties

Junior Arauco Resources (VSE) has broadened its South American portfolio by acquiring five copper properties covering 185 sq. km. in Argentina. Arauco already has 22 properties in southern Chile, incl…


Guigues Twp. pipe yields macro diamond for KWG

Montreal-based KWG Resources (ME) has recovered a small macrodiamond from its kimberlite pipe in Guigues Twp., near Notre-Dame-du-Nord, Que. The colorless diamond, measuring 2x1x0.5 mm, was extracted …


PRODUCER PRICES (April 05, 1993)

ALUMINUM: MW U.S. market US53.75-54.50 cents per lb. (Mar. 26, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 11, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…


Control of Scarlett sold to Ameri

Ameri Minerals, a private company, has agreed to buy 1.94 million or 60% of the outstanding shares of Scarlett Minerals (ME) from Noramco Mining (TSE) and Gothic Resources (ME). When the transaction i…


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