News

New mining developments are getting larger and larger as the years advance. While some might qualify as gigantic, colossal and even leviathan, few, if any, have been described as “megaprojects.” That …

The column by outgoing publisher emeritus M.R. Brown “Carrying aboriginals costly” (T.N.M., Dec. 28/92) was like a last gasp from a relic of a bygone era, a roar from the past from a fading dinosaur. …

Canadian mining companies are involved in the search of diamonds both at home and abroad: N.W.T. and Alberta — Pure Gold Resources (TSE) has agreed to option Garden Lake Resources’ (VSE) 50,000-acre …

A move to strengthen its financial position is the reason Rayrock Yellowknife Resources (TSE) is making a cash offer to debenture holders. The company says it is offering to all holders of its $24.5 m…

Regarding Michael Barnes’ article about Santa Barbara (T.N.M., Dec. 14/92), I would like to point out that Italian and Belgium communities that were, in the past, deeply affected by mining activity st…

Additional drilling during 1992 at the Cerattepe copper property in northeast Turkey boosted reserves by about one-third. Cominco Resources International (TSE), owner of the project, estimates diluted…

A joint public Canada-Saskatchewan review panel has recommended that the McArthur River underground exploration program proposed by Cameco (TSE) on behalf of the McArthur River joint venture proceed u…

An initial $1-million phase of drilling is scheduled to begin shortly at the Petaquilla property in the Republic of Panama. Adrian Resources (VSE) is in the process of earning up to a 40% interest in …

Margaret Saunders appointed director.

Wayne Stafford and Edwin Mowat appointed directors.

Eric Carlson appointed director and president; David Pearce and Terry Holland appointed directors.

G. McKenzie appointed president; David Hudson appointed director.