Curragh’s control of assets slips
Time is running out for troubled Curragh (TSE), which lost control of virtually all its remaining assets at a recent court hearing in Toronto. Ontario Court Justice James Farley granted a request from…
News
Fipke `really happy’ with diamonds’ quality — Economic pipes
Partners Dia Met Minerals (TSE) and BHP Minerals Canada appear to have three economic diamondiferous kimberlite pipes on their land package in the Lac de Gras region of the Northwest Territories, plus…
New Ontario discharge levels
New Ontario government regulations will require mining companies operating in the province to reduce emissions of five toxic heavy metals and cyanide by an average of 40% by 1996. Mines and metal refi…
LETTERS TO THE EDITOR — Ignorance a threat to mining’s
The following came from recent conversations: “I’m sure they can find ore deposits in areas that are not environmentally sensitive.” (I tried to explain that areas do not become “environmentally sensi…
NEWS ROUNDUP — Teck, Equinox in Bolivia
A joint-venture agreement provides with US$500,000 in funding for three Bolivian properties. Teck (TSE) will provide funding by early 1994 and can maintain a 51% interest in any of the properties by f…
Goldbelt Resources lands Pegasus funding
Partial funding for a gold-silver tailings project in Kazakhstan is at hand for Goldbelt Resources (VSE). The company has signed an agreement in principle with Pegasus Gold (TSE) for US$18 million. Th…
ODDS’N’SODS — The Jogran staking rush (1)
One hears many a tall tale from obstinate prospectors who persist in their quest for gold, but none can compare with the bizarre stories one hears on June 1 of each year when, at a specific hour, land…
N.A. Palladium in midst of suit
The Sheridan Group company Dalhousie Oil (CDN) has begun legal proceedings against North American Palladium (TSE), its wholly owned subsidiary Lac des Iles Mines, Kaiser-Francis Oil and others. Accord…
THE DIAMOND PAGE — New kimberlite discoveries unearthed at
Northwest Territories The focus was back on the Lac de Gras region this past week, as partners BHP Minerals Canada and Dia Met Minerals (TSE) reported the discovery of 16 new diamondiferous kimberlite…
COMMENTARY — Canadian presence in Nevada
The University of Nevada in Reno recently dedicated Canada Hall, a student-designed dormitory. Built to meet the needs of students in the 21st century, it is the first new dorm built in northern Nevad…
MVP Capital sells Valdez block
Toronto-listed MVP Capital Corp. has sold its 93.7% interest in Valdez Gold (ASE) to an investor group for $160,000. This latest disposition by MVP follows on the heels of other transactions. For exam…
LETTERS TO THE EDITOR — Diamonds shouldn’t be the only
Your past few issues had a number of letters regarding information problems and risk assumed by investors in mining companies involved with diamond exploration, especially in Canada. There is no doubt…