Safety program tested at Cluff Lake
Workers at Cogema Canada’s Cluff Lake uranium mine in northern Saskatchewan are the first in Canada to use a training program in radiation protection. Designed at the Canadian Institute for Radiation …
News
LATIN AMERICA ROUNDUP — Orvana raises exploration funds
Proceeds of $1.3 million were raised by Orvana Minerals (TSE) from the sale of two million shares to Goldcorp (TSE) of Toronto. Goldcorp owns 4.3 million shares of Orvana and about 1.13 million common…
Crown Butte raises $10 million
A private placement will provide Crown Butte Resources (TSE) with $10.7 million for ongoing work at its New World gold-copper-silver project in Park Cty., Mont. The company is 60%-owned by Hemlo Gold …
Gowest, Premium enter option deal in Nevada
Partners Gowest Amalgamated Resources (ASE) and Western Premium Resources (VSE) have signed an agreement whereby each may earn a 35% interest in three gold properties in north-central Nevada. The part…
METAL PRICES — FREE MARKET (April 05, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 30 Mar. 29 Mar. 26 Mar. 25 Mar. 24 Copper 1434-1435 1434-1436 1441-1443 1474-14…
Feasibility study for Madsen mine
Toronto junior Madsen Gold (TSE) is conducting a feasibility study on its property near Red Lake, Ont. Funds are provided by a provincial government Norfund grant and a flow-through share issue. Prove…
Falconbridge shortens summer shutdown period
Claiming that a planned 10-week shutdown at its Sudbury operations would have a negligible impact on soaring nickel inventories, Falconbridge has shortened the summer shutdown to two weeks. “Falconbri…
Isotopic lab receives grant
A $110,000 provincial grant will enable Toronto’s Royal Ontario Museum (ROM) to continue researching the dating of rocks and minerals. The ROM’s Jack Satterly Geochronology Lab, which specializes in i…
Dufresnoy plans Temis purchase
Societe d’Exploration Miniere Dufresnoy (ME) is set to acquire all shares of the sole Quebec producer of dolimitic pellets. Subject to regulatory approval and a satisfactory due diligence, Dufresnoy w…
Int’l Platinum acquires lithium property
Toronto-based junior International Platinum (TSE) has acquired a lithium property 144 km northeast of Thunder Bay, Ont. A 55-metre-long channel sample from the 27-claim property yielded an average gra…
Geomaque, Noranda in property deal
A letter of intent has been signed, allowing Noranda Exploration to earn half of a gold/base-metal property in Bourlamaque Twp. east of Val d’Or, Que., Geomaque Explorations (CDN) reports. Noranda mus…
LATIN AMERICA ROUNDUP — Minefinders options Mexican
An option agreement has been concluded with a Mexican businessman to explore and develop the Dolores gold property in Chihuahua, Mexico, Minefinders (VSE) reports. Minefinders may assume total ownersh…