BHP to resume work on Taca-Taca
Drilling is set to resume at the Taca-Taca porphyry project in Argentina’s Salta province.BHP Minerals, the operator, can earn an initial 60% interest from Corriente Resources (CTQ-T) by spending US$3…
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PEOPLE — SILVERSPAR MINERALS (January 20, 1997)
Noel Porter appointed director and chairman; Gary Handley appointed executive vice-president and chief operating officer; Michael Sheridan appointed executive vice-president of mining and exploration;…
ODDS’N’SODS — The McQuarrie clan
Hector McQuarrie, my father-in-law, was born and raised in the Halifax-Dartmouth area of Nova Scotia and became involved in mining when he obtained a job at a small gold operation in Moose River, N.S….
GREATEST VALUE TRADED, Jan. 8-14
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
STOCK MARKETS — Diamond plays add some zest to VSE
The Vancouver Stock Exchange composite index closed up 12.63 points at 1,191.02 for the report period ended Jan. 14, while the resource index finished at 2,264.75, off 11.99 points.Trade Wind Resource…
Diamond drilling tests Balsam zinc-copper-gold property
A $425,000 exploration program is under way at the Balsam base metal property in the Hanson Lake area of northern Saskatchewan.The project is a 50-50 joint venture between Aur Resources (AUR-T) and Tr…
STOCK MARKETS — Base metals add power to TSE
The Toronto Stock Exchange’s composite 300 index rose 1.8% during the trading period Jan. 8-14, hitting a record high of 6054.86. The previous record was 6018.65, set on Nov. 28, 1996. It was the sixt…
Santa Fe plans talks with Newmont
In a response to a second bid from Newmont Mining (NEM-N), Santa Fe Pacific Gold (GLD-N) has agreed to sit down and begin negotiations about a business combination between the two companies.Newmont of…
LETTER TO THE EDITOR — Miranda name may result in confusion
Miranda Industries is not the same company as Miranda Mining & Development, which is the company referred to in your issue of Dec. 30, 1996 (“Mexico sizzles for Miranda, Teck”). It is unfortunate that…
FACTS’N’FIGURES — India’s untapped potential
Recent changes to India’s mining regulations are paving the way for increased foreign investment in that sector and a stronger Indian economy.At a recent conference in London, B.P. Baishya, India’s mi…
Altavista drills gold at Santa Anna
Montreal-based Altavista Mines (AIA-M) has announced encouraging drill results from its Santa Anna gold property, 15 km southwest of La Sarre, Que.The new structure, called Zone 8, was first intersect…
Joutel discovers gold prospect at Christina
Surface sampling by Joutel Resources (JTL-T) has uncovered a new gold zone on the Christina property in the Sierra Maestra region of southeastern Cuba.The new structure has an overall length of 114.4 …