NEWS IN BRIEF Consolidated Gold Hawk
Consolidated Gold Hawk (ASE) has signed a share purchase agreement with CGH (1990) Mineral Exploration Partnership for $600,000 worth of Gold Hawk shares priced at 42 cents per share. Each share is ac…
News
Adrian pulls big hole at Pumphouse
A recent hole drilled on the TOK claim gap by Adrian Resources (VSE) returned 49.2 ft. grading 1.19 oz. gold and 87.50 oz. silver per ton from the Pumphouse Lake zone. The TOK claim gap makes up part …
Guyana gold find reported by S.A. Goldfields, Denison
Joint venture partners South American Goldfields (TSE) and Denison Mines (TSE) have reported a new high-grade gold discovery near a former gold mine on their Aurora property in Guyana. The partners re…
Security expert says attitudes changing
The head of a growing mining security company says industry attitudes toward security in the workplace are starting to change. Ray Rose, president of Sudbury- based Cambrian Alliance Protection Servic…
Prevention best insurance policy – Mining and the Environment
The Alaskan oil spill destroyed fragile ecosystems and created a mammoth cleanup bill. It also raised the tricky question: “Who’s going to pay for all this?” Polluter pays, most people would say. This…
People INTERNATIONAL TROJAN
Michael McIntyre and Derek Brown appointed directors; Jack Bass resigned from the board.
Mining Men of the Year: Idziszek, Pezim get credit for Eskay Creek
A dozen different companies optioned and explored the Eskay Creek property north of Stewart, B.C., over the past half century before its real potential began to emerge in the fall of 1988. That’s when…
Quartz Mountain to drill TAY-LP
An exploration program to consist primarily of drilling is slated to begin early next year on the TAY-LP claims held by Pacific Comox Resources (VSE). The company acquired its interest in the claims f…
Noranda drops Deception Lake
After completing a 2-hole, 400-metre diamond drill program on the Deception Lake property this summer, a unit of Noranda (TSE) decided not to proceed with the formal option agreement with Pine Channel…
Forward selling dulls gold’s volatility
One of the most hotly debated investment topics in recent weeks has been the question of why gold bullion failed to stage a dramatic rally in the wake of the Kuwait crisis. Gold, traditionally a barom…
Hall of Fame inducts eight
The Canadian Mining Hall of Fame welcomed eight new inductees (five posthumously) at its second annual dinner at Toronto’s Royal York Hotel in January. The three surviving members inducted were Eldon …
Goldcorp boosts Platinova holdings
The recent purchase of about 2.2 million shares of Platinova Resources (TSE) has given Goldcorp Investments of Toronto a commanding direct and indirect interest in the junior. Goldcorp said it acquire…