News

A drilling program is planned by Allegheny Mines (ASE) at its expanded property holdings in northwestern Ontario. The company hopes to increase reserves by testing a new structural interpretation and …

Dan Kukat appointed director.

Tony Wicks appointed president and chairman of the board.

Michael David named president.

Rockwell Schnabel elected director.

John Haivala elected director.

DIAMONDS By Michel Boucher Following a discovery by BHP and Dia Met at Point Lake in the Northwest Territories, diamonds have become the focus of the hottest land staking fever in Canada since the Klo…

The Canadian coal industry had a difficult year in 1992. Strikes, lockouts, and a tragic accident led to a drop in production, exports and earnings. These events were unusual for the Canadian industry…

ALUMINUM: MW U.S. market US56-57 cents per lb. (Feb. 18, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…

The interim results of an ongoing due diligence investigation into the ownership of the Oro Uno concession in Venezuela’s Kilometre 88 gold district show the complexities of acquiring concessions ther…

Use of iron ore in Canadian blast furnaces remained low for the third year in a row. Relative to 1991, however, consumption of domestic ores increased by 11%, to 7.6 million tonnes. Iron ore imports, …

Drilling on the Verneuil Twp. gold property in northwestern Quebec continues to yield encouraging results, including a 20.3-ft. interval grading 0.29 oz. gold per ton from hole VP93-22, a wide stepout…