News

Not a bad start to the year for mining exploration, wouldn’t you say? The diamond hunt continues with sparkling enthusiasm across Canada, parts of the U.S. and overseas in Africa, and a staking rush i…

Sixteen Inco (TSE) office workers, including five women, have volunteered to be in the first group to attend the company’s mining school on March 1. Last December, Inco announced that 86 office staff …

The metal and mineral sub-index of Scotiabank’s commodity price index edged up slightly in December, after a sharp decline in November. However, market conditions in early 1993 remain soft. In Japan a…

Recent drilling by Wye Resources (CDN) on its Saganaga Lake property 85 miles west of Thunder Bay, Ont., has encountered further gold mineralization. Three holes totalling 500 ft. were drilled in Dece…

With the purchase of 94% of the outstanding shares in Suntac Minerals (VSE) now complete, Canarc Resource (VSE) is reviewing financing alternatives for further exploration and development work at the …

Alvin Jackson appointed director.

Gilles Laverdiere appointed president.

Field work last year at the Gross Rosebel concession in Suriname concentrated on two targets, the Royal Hill and Mayo zones, where 12 miles of assay trenches were cut, Golden Star Resources (TSE) repo…

Drilling on the Macuelizo gold-oxide project in Honduras recently returned encouraging results for owner Melinga Resources (VSE). One hole in a previously untested zone known as the Sugar Loaf Hill re…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb. 23 Feb. 22 Feb. 19 Feb. 18 Feb. 17 Copper 1508-1509 1520-1521 1527-1528 1538-15…

Canada and Mexico recently signed an agreement to develop ties between the mineral industries in both countries. Under the new pact, Canadian and Mexican organizations can exchange experts and informa…

Roger Flowerdew appointed chief financial officer.