Quartz denies decision
Despite several reports to the contrary published in Oregon newspapers, partners Galactic Resources Ltd. (TSE) and Quartz Mountain Gold Corp. (TSE) say a production decision has not been made for the …
News
Alberta Stock Exchange Durga bucks trend
If 1988 was a nightmare year for Canadian brokers, they could hardly have gleaned much comfort from what they saw on the Alberta Exchange this week. In keeping with the general lack of interest in spe…
Montreal Exchange Positive trading days
Continuing its winning ways this past week, the stock market recorded healthy gains in both its market portfolio and mining and minerals indices, on daily trading volumes ranging between 4.9 million a…
Drilling extends zone at graphite deposit of Stewart Lake
Drilling on the Kirkham graphite deposit in eastern Ontario of Stewart Lake Resources (TSE) has extended the strike length of zone 2 x 700 ft to the south. President Richard Scratch said two drills ar…
Murray E. Watts, 1909-1982
Murray Edmund Watts is credited with the discovery of the huge Raglan nickel deposits on the Cape Smith belt in the northern Ungava region of Quebec; with the location of the Asbestos Hill asbestos de…
Jules R. Timmins, 1889-1971
Jules Timmins’ finest hour, and his claim to mining fame, occurred when he brought into being the iron ore fields of northern Quebec and Labrador, in one of the greatest projects in Canadian mining hi…
La Fosse takeover
La Fosse Platinum (TSE) has made an offer to purchase up to a 60% interest in Louvicourt Gold Mines (COATS). La Fosse is offering one of its shares for every four common shares of Louvicourt. The offe…
Canadian Mining Hall of Fame names twelve inaugural inductees
Pierre Beauchemin was a towering figure on the mining horizons of the province of Quebec. He was the founder of one of this country’s leading mining organizations, the Sullivan Group of companies. Of …
Photo…..Mining Hall of Fame
Photo by George Onuska Bill James, right, president of Falconbridge Ltd. and the keynote speaker at the recent inaugural dinner for the Canadian Mining Hall of Fame, points out to fellow head-table gu…
James Y. Murdoch, 1890-1962
A lawyer by profession, James Y. Murdoch, who became first president of the fledgling Noranda Mines in 1922, at the age of 32, was one of the greatest builders Canada ever produced, not just a mine-…
Unocal option deal
A joint venture agreement has been concluded between Unocal Canada, Moneta Porcupine Mines (TSE) and Nahanni Mines (TSE) on a group of 86 claims near Timmins, Ont. Located in Michaud Twp., the propert…
Economic session
The American Copper Council will sponsor an economic outlook session at its luncheon meeting in New York on Thursday, Feb 2. Featured speaker, is Nicholas Perna, vice-president and chief economist for…