THE EDITORIAL PAGE — Steppin’ out
In the mid-1960s, the Quebec government created Soquem, a mining exploration outfit. This government-funded enterprise proved remarkably successful in an industry noted for its private enterprise bias…
News
LAST BUT NOT LEAST — Drilling planned for Chile’s Tuina
Exploration and development are to begin shortly on the Tuina copper property in northern Chile. Joint owners International Mahogany (TSE) and North Lily Mining (NASDAQ) hope to expand reserves at the…
Canada next diamond producer, De Beers director concedes
It would appear that the Northwest Territories diamond play finally has been accepted by industry giant De Beers Consolidated Mines. Speaking at a recent mining luncheon in Toronto, George Burne, a Lo…
LAST BUT NOT LEAST — Imperial sells mine stake to Cameco
In a move that will take it out of the uranium business, Imperial Metals (TSE) is selling its 30.8% interest in the Crow Butte in situ leach mine and adjacent Big Red property in northwestern Nebraska…
Uranium pact hurts Canadian producers
A recently approved agreement that will allow Russian uranium to enter the American marketplace could cost Canadian producers hundreds of millions of dollars in lost exports. However, Rita Mirwald, di…
NO HEADLINE (March 21, 1994)
A recent preliminary agreement among the world’s leading aluminum-producing nations could mark a watershed in the management of commodity markets. The purpose of the agreement, reached in Brussels, wa…
STOCK MARKETS — Gold equities feed off bullion’s new
Gold bullion prices finally posted a strong gain after several weeks of sluggish movement. Prices rose US$9.05 per oz. to close our report week at US$385.30. The Toronto Stock Exchange gold and silver…
Joe Mann mine poses challenge to cost-conscious Campbell
Having been cut loose by Northgate Exploration, Campbell Resources (TSE) is confidently striking out on its own. President John Kachmar says the company hopes to produce 55,000 oz. gold in the current…
LAST BUT NOT LEAST — Oracle Ridge running smoothly
Five months after operations resumed, the Oracle Ridge copper mine in southwestern Arizona is reported to be running smoothly. Seventy-per-cent owner Southern Copper (VSE) placed the underground mine …
NEWS ROUNDUP — New zones found at Fer project
Drilling has intersected three base metal zones at the Fer property in northern Manitoba. Canmine Resources (CDN) reports that the new zones, 100-150 metres west of the Fer zone, strike east-west and …
NEWS ROUNDUP — White Star options ground to Falco
After dropping an option on the “A” group of claims held by White Star Copper Mines (CDN), Falconbridge has decided to option the junior’s “C” claim group. The properties are 1.5 miles northwest of th…
LAST BUT NOT LEAST — Kookaburra bullish on Tacaza drilling
Reverse circulation drilling is set to begin at the Tacaza copper property in southeastern Peru. Kookaburra Resources (TSE) is spending $500,000 on the 150-hole program, which is designed to calculate…