PEOPLE — ARIZONA STAR RESOURCE
Roger Richer appointed president; Kim Phillips appointed vice-president, administration.
News
PEOPLE — HEMLO GOLD MINES
Alex Balogh appointed chairman.
EDITORIAL PAGE — Cutting court costs
Going to court is expensive. The parties involved have to pay the direct fees, which add substantially to the cost of doing business for the mining industry. There is no reliable estimate of the amoun…
ON THE LEVEL — Warding off `penny dreadfuls’
Seldom do I feel any urge to applaud those ever broadening regulations imposed by burgeoning provincial bureaucracies that frequently seem hell-bent on strangling our mining industry. But surely few t…
LETTERS TO THE EDITOR — New minerals pact for Nova Scotia
The Nova Scotia and federal governments recently signed a $10-million co-operation agreement on mineral development. The province will contribute $3 million and the federal government, $7 million. The…
PEOPLE — BURRER ROCK RESOURCES
Donald Cameron appointed director.
Kirkland Lake diamond find attracts handful of juniors
Since Sudbury Contact Mines (TSE) reported its discovery of eight microdiamonds on its Diamond Lake project a handful of companies have moved into the Kirkland Lake, Ont., region to stake more ground …
PEOPLE — STAR VALLEY RESOURCES
Robin Matthews appointed director.
PEOPLE — SAVANNA RESOURCES
Peter Gummer appointed director and vice-president, exploration.
Inco’s costs cause concern as nickel markets remain flat
Citing dismal prospects for the nickel market and Inco’s (TSE) high production costs, several analysts are issuing strong sell recommendations on shares of the world’s largest nickel producer. Indeed,…
LATIN AMERICA ROUNDUP — Minorca acquiring Mexican prospect
A letter of intent to acquire a 100% interest in the Oro Verde copper-gold-silver property in Sonora, Mexico, has been signed by Minorca Resources (VSE). The company says it must remit 175,000 shares …
LETTERS TO THE EDITOR — Reining in `pilfermania’
Perhaps Canadians can be forgiven when our masters are trying to decide how many Senators should be allowed to dance on the head of a pin; forgiven for not believing that these same esoteric philosoph…