News

Exall begins work in Guyana

Toronto-based Exall Resources (TSE) has signed an agreement to acquire the exclusive right to explore for and develop alluvial gold and diamond deposits along a section of the Mazaruni River in Guyana…


On the Level (March 16, 1992)

This country is sorely in need of some new mines — big ones. But what in the world will it take to turn the industry around? Over the years it has learned to cope with the cyclical nature of the busi…


Others’ words (March 16, 1992)

“During the Iraq invasion of Kuwait, gold dealers expected a surge from Kuwaitis exchanging worthless dinars for physical gold, but the orders never materialized. It turned out that the Kuwaitis were …


Miner Details (March 16, 1992)

British Columbia doesn’t make the front page of international newspapers often, but it has in recent months, and the stories are not flattering ones. As any environmentally aware Londoner can tell you…


Mapping of Africa

The government of Tanzania will host a meeting, April 6-10, at Arusha, Tanzania, to discuss the initial results of the $4-million African Magnetic Mapping Project. About 800 surveys, mostly airborne, …


OBITUARY (March 16, 1992)

Norman C. Croome, who has been active in the mining industry for 45 years, died recently. He was 71. Born in Rainy River, Ont., Croome graduated in civil engineering and geological studies from the Un…


NEWS ROUNDUP (March 16, 1992)

Edmonton-based Golden Star Resources (TSE) has been granted the exclusive right to explore for gold and other minerals on a 200,000-hectare block of ground in Suriname, South America. Golden Star is t…


BOOKS IN REVIEW (March 16, 1992)

The Geography of the Canadian North, by Robert Bone, Oxford University Press, Toronto. $19.95. Author Robert Bone, geography professor at the University of Saskatchewan, addresses factors pertinent to…


Goldhunter, SEG negotiate option

A letter of intent has been signed by Goldhunter Explorations (ASE) and SEG Exploration (ME) which would see SEG acquire an option to earn a 60% interest in base and precious property in the Springer …


Cominco won’t up stake in Louvicourt

Faced with mounting debts and a string of new projects to finance, Vancouver-based Cominco (TSE) is giving up its direct participation in the Louvicourt Twp. massive sulphide discovery at Val d’Or, Qu…


PDAC selects Watson for Prospector award

The Prospectors and Developers Association of Canada (PDAC) will honor Mackenzie Watson for his participation in numerous mineral discoveries during the past 25 years by naming him “prospector of the …


EDITORIAL PAGE (March 16, 1992)

The remarkable turnaround at the Dome gold mine is directly linked to management’s ability to gain control over staffing. As a result, a mine on the verge of closing two years ago is now planning for …


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