Soquem and Billiton make exploration deal
A $7-million joint exploration agreement has been reached between private mining firm Billiton Metals Canada and the Quebec Crown corporation Soquem.The agreement, with an initial term of four years, …
News
Nevada back in the spotlight — Midas partners outline gold-silver resource
As equal partners in the Midas joint venture, Franco-Nevada (TSE) and Euro-Nevada (TSE) plan to step up the pace of exploration on a Nevada land package which, although barely explored, already hosts …
Expl. Brex raises exploration funds
Junior Exploration Brex (ME) has raised more than $2.5 million in a private placement of 7 million special warrants priced at 36 cents each.Most of the funds will be used to explore a property in Neva…
Kennecott unveils new smelter
As a demonstration of its commitment to environmental protection, Kennecott recently unveiled what it describes as the most advanced copper smelter in the world.The new US$880-million facility will se…
METALS COMMENTARY — Proposed changes may affect industry
Several widely used industrial metals and substances were recently declared toxic under the Canadian Environmental Protection Act (CEPA), and virtually every mining, manufacturing and service sector t…
Researchers study devices for locating miners
The Mining Research Directorate, based in Sudbury, Ont., is investigating the feasibility of developing a device that will aid in the location of miners who become trapped or go missing underground.A …
Reserves triple at Cambior’s Granja deposit
Proven and probable reserves at Peru’s La Granja copper project have increased, following completion of a 100-hole, 36,000-metre drill program.In March, 1994, when Cambior (TSE) signed an option to ac…
Bresea to gain stake in Sangihe gold project
Bresea Resources (ME) can earn a 30% interest in an Indonesian copper-gold project belonging to affiliated company Bre-X Minerals (ASE).The Sangihe property consists of two blocks of ground; one compr…
Correction (October 02, 1995)
Cominco (TSE) is earning an interest in a Guyanese gold project held by Roraima Gold (VSE), rather than Romaima, as reported in T.N.M. Sept. 18/95.
ODDS’N’SODS — A persistent bear
In my experience, I’ve found that bears are wary of human occupation and will not venture near a camp until it has been vacant for several days at least.Black bears are capable of ripping doors off ca…
LABRADOR NEWS ROUNDUP — Northern Abitibi finds anomalies
Preliminary results from airborne surveys of the Northern Abitibi Mining (ASE) properties in the Voisey Bay area of Labrador reveal the presence of 30 anomalies on the first three properties flown.On …
PEOPLE — OMNI RES.
Peter Slack appointed director.