News

Alan R. Bell appointed president and a director succeeding both Robert F. Baldock, president, and Dr. Gerald D. Wright, director, who have resigned.

Unconfirmed reports that Aur Resources (TSE) and partner Societe Miniere Louvem (TSE) were about to make a major announcement regarding the Louvicourt Twp. property near Val d’Or, Que., drove the shar…

Coal Resources of Canada — Published by The Geological Survey of Canada in co-operation with the Canadian Government Publishing Centre. An overview of Canada’s coal resources in terms of their potent…

ALUMINUM: MW U.S. Market US83.50 cents – 85.50 cents per lb. (July 6, 1989). ANTIMONY: New York dealer 98 cents -$1.00(US) per lb. (June 22, 1989). BISMUTH: New York dealer $5.75-$5.85(US) per lb. (Ju…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 109.90 107.25 109.80 + 3.80 Sep 109.20 106.70 109.00 + 3.40 Dec 104.00 10…

If stock markets were left to companies like Bell Canada, The Royal Bank and Canadian Pacific, it would be a pretty dull place ruled by the big investment funds and the computers that control their tr…

Step-out drilling has extended the strike length of the 21 zone by almost 1,000 ft at the Eskay Creek project of Calpine Resources (VSE) in northern British Columbia. Consolidated Stikine Silver (VSE)…

Shane Resources (VSE) and Waddy Lake Resources (TSE) have entered into an agreement to purchase a 4-claim diamond prospect 15 miles northwest of Prince Albert, Sask. Waddy will hold a 65% interest whe…

MinVen Gold Corp. (TSE) is hoping environmental authorities in this state, known for its stringent environmental standards, will give a green light to a proposed mine expansion. If that happens, MinVe…

With a phase II drilling program nearly 90% complete on its Nugget Pond gold property in Newfoundland, Bitech Corp. (ASE) expects to release final results of the work program by month end. Drilling re…

A surface exploration program to include at least 10,000 ft of drilling is under way on the McLymont property owned 100% by Gulf International Minerals (VSE). The gold-silver-copper project is located…

Despite a dramatic slowdown in the junior mining sector, exploration spending by senior companies will be at record levels in Canada this year, says a report by the Halifax-based Metals Economics Grou…