ASARCO to develop Frasergold
A Canadian subsidiary of ASARCO (NYSE) recently entered into an agreement to earn a 50% interest in Eureka Resources’ (VSE) Frasergold property in central British Columbia. Under its terms, ASARCO is …
News
Insider Trading MSV executives buy before Grevet find
Two key MSV Resources (ME) executives have been positioning themselves to take advantage of any new developments at the Grevet base metal property, 40 km northeast of Quevillon, Que. MSV owns a 12.6% …
Bridger commissions Chilean mine
Bridger Resources (VSE) reported a reduction in gold production at the new La Pepa mine near Copiapo, Chile, because of mechanical problems during the startup phase of operations. The mine is operated…
U.S.REPORT Uranerz drilling hits on Jascan’s Dawson bet
High-grade gold assays have been reported by Jascan Resources (TSE) from recent drilling by Uranerz on its Dawson gold property, four miles west of Canon City, Colo. Uranerz, a subsidiary of Uranerzbe…
Bank commodity index unchanged in April
The all-commodity index of Scotiabank was unchanged in April from the previous month. Economist Patricia Mohr reports stronger prices for metals and minerals, and forest and agricultural products, off…
Bema funding study for Refugio
Junior gold producer Bema Gold (TSE) is planning to use the bulk of proceeds of a $6-million brokered convertible debenture to complete the feasibility study on the Refugio gold project in northern Ch…
Hall of Fame seeks candidates
Now in its third year, The Canadian Mining Hall of Fame is again calling for nominations for induction at an upcoming banquet ceremony to be held in Toronto’s Royal York Hotel Jan. 7, 1991, when the s…
Breakwater’s efforts at Estrades typical of challenges facing (June 18, 1990)
The approach road to the Estrades project site, floating as it does in the midst of a swamp, gives some indication of the unique difficulties Breakwater Resources (TSE) has to overcome in preparation …
Falconbridge seeks silica for Kidd Creek copper smelter
Companies with silica deposits or stock piles of silicious ore within 100 km of Timmins could find a market for that material at Falconbridge which is currently seeking silica to use as flux at its co…
Program for McConnell Creek property
A drilling and trenching program is set to begin at the McConnell Creek property under option to Placer Dome (TSE) from Gerle Gold (VSE). Placer spent $600,000 on the property last year and can earn a…
Orient drilling in Grevet Twp.
A 2,000-metre drill program has started on a group of claims owned by Ressources Orient (ME) in Grevet Twp., about 35 km north of Quevillon in northern Quebec. The program, operated by Orient, is bein…
Letter to the editor `Facile’ explanation of monitoring device
Your article “Listening device to minimize cave-ins” (May 28/90) says researchers at Queen’s University have developed a listening device that “identifies places to dig so that cave-ins will not occur…