News

Earth sciences gallery campaign

The Royal Ontario Museum in Toronto is trying to raise $5 million to finance construction of an earth sciences gallery. The museum says it has been about 12 years since it had such a facility, and it …


Cassiar assets attract interest

At least three mining companies have shelled out $100,000 each to investigate the possibility of buying the assets of Cassiar Mining, a former subsidiary of Princeton Mining (TSE) which until recently…


PRODUCER PRICES (March 30, 1992)

ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Mar. 5, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.80-3.00 per lb. (Mar. 5, 1992). CADMI…


Jordex drills nickel deposit

Through its 50% owned Venezuelan subsidiary, Cofeminas, Jordex Resources (VSE) recently started a work program on the Loma Hierro laterite nickel deposit about 50 km southeast of Caracas, Venezuela. C…


Output down, Asamera posts loss for 1991

The Cannon gold mine in Washington state was a steady performer for 51% owner Asamera Minerals (TSE) in 1991, producing a total of 75,325 oz. gold to the company’s account. The mine turned out the bul…


Potential of west-coast deposits attracts Inco

The exploration arm of Inco (TSE) is taking on a greater presence in Western Canada through several recent agreements to joint venture properties considered prospective for volcanogenic massive sulphi…


The GSC: Taking the measure of Canada for 150 years

Created in 1842, the Geological Survey of Canada (GSC) has been the driving force behind the geological mapping of Canada’s nearly 10 million square km of land and freshwater lakes, and more than 6 mi…




EDITORIAL PAGE (March 30, 1992)

When mineral explorationists gather in Toronto this week for the Prospectors and Developers Association of Canada’s annual convention, they’re not going to hear too much about Canada. The buzzword is …


Miner Details (March 30, 1992)

Shareholders, like voters, are in a prickly mood, a sign no doubt of these tougher times. Downwardly mobile investors are no longer hesitant to criticize sweetheart deals, writedowns, management entre…


Industry job trend in decline

The employment decline in Canadian mineral industries which began in 1990 continued in 1991. Reductions brought direct employment in mining and primary metals to 138,343, down 5% from 1990 and the low…


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