News


Kennecott options Galena Giant

A unit of Kennecott is about to start a drill program on the Galena Giant project, a “Sullivan-style” stratiform, lead-zinc-silver target on the Idaho-Montana border about 12 miles northeast of the fa…


Athena, former president settle legal differences

A longstanding legal dispute between current management of Athena Gold (VSE) and its former president and founder, William Jordan, was recently settled. The Nevada lawsuits over title to the Talapoosa…


Jarvis raising marble funding

Financing plans, including a rights offering that will allow shareholders in Ontario and Quebec to acquire up to almost 1.4 million common shares, are nearing completion, Jarvis Resources (VSE) report…


Metall affiliate awards mine contract

The first major contract at Turkey’s largest mine development project has been awarded by Metall Mining (TSE) affiliate Cayeli Bakir Isletmeleri A.S. A consortium comprised of Lurgi Metallurgie GmbH o…


Minerals lead Noranda’s recovery

Better results from its mining division helped Noranda (TSE) boost its earnings to $49 million or 10 cents per share during the first half of 1992 compared with $33 million or 2 cents per share for th…


Maps planned for 8 townships

Three geological mapping projects will be conducted to identify mineral potential in an area in northwestern Ontario extending across eight townships from Kashabowie to Murillo, Ontario’s Ministry of …



MINER DETAILS — Shareholders should come first

When it comes to passing judgment on companies’ management, shareholders have a habit of voting with their feet. If they don’t like the way things are done, they walk away. They don’t have much choice…


Mint produces Ontario coin

A scene featuring a majestic jackpine tree and resembling a Group of Seven painting graces the reverse of the Ontario coin in the Canada 125 Coin Program. The first of the coins to be minted was unvei…


NEWS ROUNDUP — Cambior acquires property in Chile

Cambior (TSE) has acquired a 100% interest in the Polo Sur copper property in Chile from Shell Chile S.A. at an undisclosed price. Polo Sur is 75 miles northeast of Antofogasta in northern Chile and c…



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