Northern Orion buys Argentine, Cuban assets
In a move aimed at establishing a presence in Latin America, Northern Orion Explorations (VSE) has announced plans to buy an Argentine subsidiary from California-based American Resource (NASDAQ).North…
News
LETTER TO THE EDITOR — Group finds GSC office move confusing
Regarding the letter by A. Anne McLellan (“Mines minister replies to government criticism,” T.N.M., May 1/95), which was a response to a critique of the federal budget by Steven Parry, we fully agree …
DIAMOND NEWS ROUNDUP — Bulk sampling set to wind down at Diavik joint venture
The influx of warmer weather is expected to signal an end to the mini-bulk sampling program on the A-154 kimberlite pipes.The Diavik property, situated in the Lac de Gras area of the Northwest Territo…
OBITUARIES — Patrick Harrison
One of the great shaft-sinkers in Canadian mining history, Patrick Harrison, has died after a long illness. He was 93.A native of Northern Ireland, “Paddy” was chairman of Patrick Harrison & Co., a mi…
NEWS ROUNDUP — Canyon reports loss for the quarter
Colorado-based Canyon Resources (NASDAQ) posted a loss of US$647,900 (or 3 cents per share) for the first quarter, compared with a loss of US$237,200 (or 1 cents per share) for the same period in 1994…
Coeur d’Alene liquidates assets
Silver-producer Coeur d’Alene Mines (NYSE) will sell two of its lesser assets.Flexaust, a manufacturing division which produces flexible hose and tubing, is being sold to subsidiaries of the German fi…
Meetings (May 15, 1995)
May 23, Antilles – general, extraordinaryMay 23, Cominco Res Int’l – annual, specialMay 23, Gold Trump – annual, generalMay 23, Northern Dynasty – annual, generalMay 23, Pangea – generalMay 23, Pinnac…
Cathedral fleshing out Hicks
Drilling on the Kaburi-Eldorado property in Guyana continues to confirm the continuity of gold mineralization within the Hicks zone, according to project owner Cathedral Gold (TSE).Drilling to date ha…
Azco teams with Phelps Dodge
An agreement with Phelps Dodge (NYSE) will result in completion of a feasibility study on the Piedras Verdes copper project in Mexico and the outright sale of the Sanchez copper project in Arizona.Azc…
Metall changes name to Inmet
Shareholders of Metall Mining approved a name change and amended their company’s rights plan at the annual meeting.The new corporate name is Inmet Mining (TSE), which Chairman James Tory says reflects…
Operations improve at Red Dog
An ore deposit measuring 85 million tons grading 17.1% zinc, 5% lead and 2.4 oz. silver per ton with a stripping ratio of less than 1-to-1 is enough to excite even the most pessimistic of miners.Those…
OBITUARIES — Lionel York
A native of South Africa who came to Canada in 1958, Lionel York, died recently. He was 61.A professional engineer and hydrologist, his work took him to Saskatchewan, where he was involved in the tech…