Sudbury Contact raises exploration funds
Junior Sudbury Contact (TSE) has completed a flow-through private placement worth $1 million. The company will issue 166,666 shares to associated company Agnico-Eagle Mines (TSE). Sudbury Contact will…
News
NEWS ROUNDUP — Bachelor, Espalau merger complete
Now that shareholders have approved the proposed merger of Bachelor Lake Gold Mines (ME) and Espalau Mining (ME), the former will become a wholly owned subsidiary of Espalau and will be known as Espal…
BOOKS IN REVIEW — Cobalt walking tours
A Guide to Historic Cobalt, by Peter Fancy. Published by the Temiskaming Abitibi Heritage Association. For mail orders, contact the Highway Book Shop, Highway 11S, Cobalt, Ont. P0J 1C0. 40 pages. $3.7…
NEWS ROUNDUP — Hillsborough to expand Quinsam
Negotiations allowing Hillsborough Resources (TSE) to arrange financing for a planned $14.1 million expansion at the company’s Quinsam coal mine on Vancouver Island, B.C. are well under way. The expan…
LETTERS TO THE EDITOR — Uranerz ranks second in output
Your timely editorial “Left out in the cold” (T.N.M., March 28/94) discusses the impact of the recent U.S.-Russian agreement on uranium imports. It mentions Cameco as Canada’s largest uranium producer…
ODDS ‘N’SODS — My first job promotion
I toiled hard and endlessly in the junior ranks of mines and often wondered when I would qualify for a posting to the upper echelon. Then one day I was summoned to the Big Office. The boss looked over…
LETTERS TO THE EDITOR — Mining’s contribution often
I read with interest your article on Cameco getting the green light for production of its Eagle Point and Collins A and D zones (“Rabbit Lake gets federal OK,” T.N.M., April 4/94). Sometimes our indus…
Vancouver hosting IPMI
The 18th International Precious Metals Conference will take place June 12-15 in Vancouver, B.C. The theme of the conference, hosted by the International Precious Metals Institute (IPMI), will be “prec…
Union campaigns for Elliot Lake
The political action committee of locals 5417 and 5980 of the United Steelworkers of America, representing workers at Rio Algom’s Stanleigh uranium mine at Elliot Lake, Ont., has started up its “Ontar…
China’s copper needs studied
Last year, China imported almost a million tonnes of copper units in concentrate and other forms, and refined copper stocks increased by more than 200,000 tonnes. Any change in economic activity in th…
Corriente making presence felt in South America
Few juniors active in South America have managed to assemble control of an entire mining district, complete with mine, town site and mill. But such is the case with Corriente Resources (VSE), which ow…
Reserves on rise at Bronson Slope
A review of drilling data has resulted in higher reserves for the Bronson Slope gold-copper porphyry deposit on the Iskut River property in northwestern British Columbia. Based on a computerized polyg…