GUEST COLUMN — Diamond drillers need support
The Canadian diamond drilling industry has installed itself as a world leader, but this position is being threatened by the country’s economic malaise and government policies. Statistical drilling dat…
News
MINER DETAILS – Don’t reward picket-line violence
It was a ghoulish display of political opportunism, when Ontario Labour Minister Bob Mackenzie used the death of nine miners in Yellowknife to his advantage. Only days after a fatal explosion at the G…
Hughes revising Nova-Cogesco bid
Following the expiry of a previous offer to increase its stake in Nova-Cogesco Resources (TSE), Hughes Lang (VSE) and its subsidiary Orofino Resources (TSE) intend to make a second offer for the cash-…
Prime to acquire shell company
An offer has been made by Prime Equities International (VSE) to acquire all outstanding shares of a Vancouver-based shell company, Encore Ventures (VSE). Under the offer, Encore shareholders will rece…
Union launches breach-of-trust action against Cominco
The United Steel Workers of America has launched a breach-of-trust action against Cominco (TSE), claiming the company improperly used surplus pension funds. The union charges that surpluses earned in …
St Andrew increases stock mine reserves
Because of mining experience and diamond drilling results, St Andrew Goldfields (TSE) has announced a significant increase in reserves for the West zone at its Stock mine east of Timmins, Ont. As of A…
San Andreas hits zinc-lead values
With assay results from four recent holes, San Andreas Resources (VSE) is reporting the discovery of “Pine-Point-style mineralization” at its Prairie Creek mine property 300 miles west of Yellowknife,…
BOOKS IN REVIEW — Facts and figures about copper
Review of Current and Potential Copper Producers. Revised 1992 edition in four volumes. Published by Pincock, Allen & Holt, Inc. 274 Union Boulevard, Suite 200, Lakewood, Colo. 80228. US$12,000. Last …
Queen’s seminar
Governments’ increasing neglect of the mining industry has prompted it to contend with the political agendas. The 23rd policy discussion seminar, held in Toronto by the Centre for Resource Studies of …
STOCK MARKETS — Royal Oak trades heavily in wake of Giant
Vancouver-based Royal Oak Mines took the top trading spot on The Toronto Stock Exchange during the week ended Sept. 22, dropping 10 cents to $1.96 on a volume of 4.4 million shares. The gold producer …
EDITORIAL PAGE — Misleading statistics
The legacy of flow-through is still with us. Long after the tax-driven incentive for mineral exploration has fallen out of favor, the statistics it generated are working against the industry’s effort …
Union, Luscar talking about co-operation at Balmer mine
The union representing more than 1,000 coal miners in southeastern British Columbia and an Edmonton coal company have taken the first step to save the huge bankrupt Balmer mine from liquidation. The U…