News


Mine management course offered

For senior managers who are interested in self-development, the Coopers & Lybrand Consulting Group is holding a 3-day mining management course in Toronto next month. The course, which is geared toward…


PRODUCER PRICES (March 25, 1991)

ALUMINUM: MW U.S. Market US70.5-71.5 cents per lb. (Mar. 7, 1991). ANTIMONY: New York dealer US86-88 cents per lb. (Feb. 28, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMI…


Phelps, Scotia plan to drill targets

Phelps Dodge of Canada, a unit of Phelps Dodge (NYSE), has signed an agreement to option a 51% interest in each of three Nova Scotia properties from Scotia Prime Minerals (ASE). The agreements pave th…


Thunderwood aims to drill gold, base metal prospects

Working hard to become an operating mining company in the near future is Thunderwood Resources (TSE). Management’s goal is to aggressively develop top quality mineral properties in areas with establis…


Busby steps down from juniors

Donald Busby, a well-known promoter and financier, has resigned as a director of International Mahogany (TSE) and Kap Resources (VSE). International Mahogany holds a 70% interest in the Jolu gold mine…


U.S. REPORT Pegasus to option Fischer property

A letter of understanding has been signed by Pegasus Gold (TSE) and Fischer-Watt Gold (NASDAQ) allowing Pegasus to earn a 77% interest in the Emigrant Gulch prospect in Park Cty., Mont. To earn the in…




Norex seeking more partners

Noranda Exploration (Norex) plans to spend $75-80 million this year for grassroots exploration in North America says President John Harvey. Noranda Exploration conducts mineral exploration on behalf o…


China plans new copper smelter

A new 100,000-tonne-per-year copper smelter, to cost US$150-200 million, is being planned for China by CNNC Shanghai Smelter, the Cable and Wire Group of Shanghai, and Philipp and Lion, the publicatio…


Holmes elected chairman of OMA

The Ontario Mining Association (OMA) recently elected Warren Holmes to serve for a 2-year term as its new chairman. Holmes is vice-president and general manager of Falconbridge Ltd.’s Kidd Creek base …


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