News

Trend to mergers and acqusitions continues in 1989

In 1988, there were more than 75 mining Merger and Acquisition transactions involving Canadian companies, totalling in value over $5 billion. This review of 1988 mergers and acquisition activity in t…


Syngold amalgamates with Int’l Thunderwood

An amalgamation of International Thunderwood Explorations (TSE) and Syngold Explorations (TSE) has been completed. The new company is called Thunderwood Resources and will be listed on The Toronto Sto…


Industry embraces CEIP, companies seek grants

Industry’s initial skepticism about the federal government’s Canadian Exploration Incentive Program (CEIP) has faded and companies are now prepared to use the program effectively, Peter McLean, CEIP’s…


`Dirt-pile’ swindles under investigation

The U.S. Bureau of Mines is a well-known prospector of that nation’s mineral supplies. But recently, the bureau has been involved in protecting the American public from what has been dubbed the “Fool’…



Deep hole ups potential of Redstone nickel mine

The Redstone nickel mine southeast of this city, once believed to be a small, finite orebody now has the potential for mushrooming into something significantly larger. A deep drill hole completed by o…


MacDonald mine could produce zinc by fall

If all goes according to plan, production could start up as early as this fall at the past-producing West MacDonald zinc mine in Quebec’s Rouyn-Noranda area. Negotiations involving MacDonald Mines Exp…


Chinese troubles lift share price of Can. Tungsten

The share price of Canada Tungsten Mining Corp. (TSE) benefitted from the recent political turmoil in China, which is the world’s largest producer of tungsten. The company, a non-mine producer for sev…


Will mining learn from experience?

Faced with a struggle to survive, the mining industry in Canada has made tremendous strides in the last six years. In some firms, productivity has doubled in that period. Management in the industry ha…


COATS MacDonald moves up

The shares of MacDonald Mines Exploration moved up 10 cents this week to close at 35 cents . The company is hoping to see production resume later this year at its West MacDonald zinc mine in Dufresnoy…




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