Black Hawk buying Keystone
Toronto-listed Black Hawk Mining plans to acquire an interest in the Keystone project near Lynn Lake, Man., from DCC Equities. The purchase price consists of five separate considerations including: 10…
News
LAST BUT NOT LEAST — Canmine begins program on Fer bet
A summer exploration program has begun on the Fer polymetallic property near Flin Flon, Man., belonging to Canmine Resources (CDN). The $200,000 program will include line-cutting, surface transient el…
LAST BUT NOT LEAST — Goldcorp to buy back shares (June 14, 1993)
An issuer bid has been made through the Toronto Stock Exchange by Goldcorp (TSE) to buy back up to 1.4 million class A participating partially voting shares of the company. The shares will be acquired…
LAST BUT NOT LEAST — Environmental policy for PDAC
Responding to concerns over environmental protection, the Prospectors and Developers Association of Canada (PDAC) has urged members to comply with the environmental policy adopted by the Mining Associ…
Rising inventories
Base metal and many minor metal inventories rose again during May and early June, reaching their highest levels in years. The reasons vary, but relate mostly to an ease in demand caused by declining m…
LAST BUT NOT LEAST — Westminer kills Fenton option
Despite a winter program which yielded encouraging results, Westminer Canada has decided to terminate its option on Cache Explorations’ (ME) Fenton property near Chapais, Que. Hole 93-03, drilled to t…
Skyline in Mexico
Trenching on the Aztec project, 70% of which is owned by Skyline Gold (TSE), has outlined three high-grade copper-zinc-silver zones for reconnaissance drilling this summer. Nine trenches were complete…
Waddy plans test mining at Komis
A feasibility study by Dynatec Engineering on the Komis gold deposit near La Ronge, Sask., has been deemed positive by property-holder Waddy Lake Resources (TSE). According to the report, Komis contai…
LAST BUT NOT LEAST — OMA elects chairman
For the first time, the Ontario Mining Association (OMA) has elected a chairman from a mining company in southern Ontario. W.R.C. (Bill) Macdonald is president and chief executive officer of CGC Inc.,…
FINANCINGS (June 14, 1993)
Red Fox Minerals Ltd. — 1,000,000 shs @ 50 cents. Dorset Exploration Ltd. — 1,700,000 shs @ $18.25. CS Resources Ltd. — 3,000,000 shs issuable upon the exercise of 3,000,000 special wts @ $7.30 per…
Donations sought for Logan fund
The Canadian Geological Foundation, a non-profit organization noted for its support of education in the earth sciences, is seeking donations to help it restore documents of historical significance. It…
OBITUARY — G.R. Cunningham-Dunlop
Well-known mining engineer Gordon Richard (Dick) Cunningham-Dunlop died recently in Oakville, Ont. He had just turned 61. Mr. Cunningham-Dunlop was born in Haileybury, Ont., a son of the late John (Ja…