Asarco plans more drilling for Taseko
A 12,500-ft. drill program is scheduled to begin in late May on Westpine Metals’ (VSE) Taseko copper-gold property, 140 miles north of Vancouver, B.C. The property is reported to contain preliminary r…
News
Ontario Unlisted Strike drilling
Queenston and Strike Minerals have signed a formal joint venture agreement on the Robertson Twp. base metal property near Matachewan, Ont., giving Strike a 40% interest in the project. The partners ar…
Timmins prospector fighting to keep northern rail service
After years of searching through the fly-infested bushlands of northern Ontario for mineral deposits, Timmins prospector Don McKinnon is shifting his attention. McKinnon is launching an all out person…
NEWS IN BRIEF Goldcorp Investments (TSE), which has been buying
Minnova (TSE) boosted its interest in Laramide Resources (TSE) to 40.1% through the purchase, via a private placement, of an additional 825,238 shares. Minnova acquired the extra shares by spending mo…
Gulf puts Asamera back on the auction block
Even though the company was formally taken off the auction block in May of last year, Asamera Minerals (TSE) is once again being offered for sale by a unit of its parent company, Gulf Canada Resources…
Copper price forecasting difficult
The cash price of cash copper on the London Metal Exchange (LME) went from US$1.34 on Sept. 3, 1990, to US$1.53 Sept. 17, to US$1.26 on Oct. 1, and finally to US$1.07 on Jan. 30, 1991. Furthermore, LM…
LETTERS TO THE EDITOR Lifting diamond miners’ secrecy
Saskatchewan, as well as most of Canada, has the positive geological feature of being on the largest craton in the world, and relative to the Siberian and South African cratons, should contain hundred…
Theories of man and nature: a momentous battle?
What are the theories and philosophies that motivate the environmental movement, particularly its more radical fringe? Hugh Morgan, managing director of Western Mining, Australia, gave a few answers i…
Is the gold pric of today `good as gold’?
For at least 6,500 years, gold has been treasured for its beauty and rarity. The enormous amount of labor put into gold production since prehistoric times has yielded cumulative world production of go…
Metal Prices FREE MARKET (March 25, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date March 19 March 18 March 15 March 14 March 13 Copper 1344-1345 1344-1345 1307-1309 12…
SOQUEM options Canspar property
SOQUEM, the Quebec government’s mineral exploration company, has acquired the right to earn a 50% interest in Canspar Resources’ (ME) Portage du Fort dolomite property north of Hull, Que. The 14-claim…
TVX Gold probes potential of Casa Berardi claim group
In a bid to boost its North American gold reserves,MDBO TVX Gold (TSE) is continuing an aggressive exploration program this year on its large Casa Berardi claim group in northwestern Quebec. The searc…