Hecla, Great Lakes pour first gold
The year ended on a bright note for Hecla Mining (NYSE) and Great Lakes Minerals (TSE) as the partners announced their first gold pour at the Grouse Creek mine in central Idaho. Mining and stockpiling…
News
ODDS’N’SODS — West-coast treasure house
Tasu Harbour on the southwestern coast of British Columbia’s Queen Charlotte Islands was truly nature’s treasure house, filled with the exotic and the unusual. Isolated by mountains on the east and by…
1994 A LOOK BACK — Cominco unveils Yukon discovery
Toronto-listed Cominco reported a preliminary resource estimate for its polymetallic discovery in the southwestern Yukon. The deposit was estimated to contain 13 million tonnes grading 5.5% zinc and 1…
1994 A LOOK BACK — Doyon shaft going deeper
The joint owners of the Doyon gold mine east of Rouyn-Noranda, Que., announced plans to deepen the shaft by 370 metres to 1,024 metres. The mine, in production since 1980, is owned by American Barrick…
Breakwater completes rights offering
Zinc producer Breakwater Resources (TSE) reports that its previously announced rights offering has been fully subscribed. Proceeds, prior to expenses, were $23.9 million. About $15.5 million will be u…
Cathedral plans work program in Guyana
Cathedral Gold (TSE) is about to carry out regional exploration on a newly acquired prospecting licence in Guyana. The licence, which covers 4,800 hectares, is the first of four that the company has a…
Detector drilling at Pistol Lake
Diamond drilling has begun on Detector Resources’ (ASE) Pistol Lake gold project, 90 km west of Thunder Bay, Ont. The 1,300-metre, 6-hole program will attempt to define the downdip extension of the Co…
Minieres du Nord to drill Isle-Dieu
Montreal-listed Explorations Minieres du Nord has drafted an exploration program for its Isle-Dieu gold-copper property near Matagami, Que. Thirteen holes totaling 2,380 metres will be drilled on the …
PEOPLE — CYPRUS AMAX COAL (January 02, 1995)
Donald Hudson appointed senior vice-president of development (special projects); W. Hart appointed senior vice-president for eastern coal operations; William Ivy appointed vice-president and general m…
Minprotech active in Tanzania, Indonesia
AGL Gold Mining, a wholly owned subsidiary of Minprotech Mining (ASE), has entered into a joint venture agreement with United Kingdom-based African Gems. The latter will contribute to the former certa…
COMMENTARY — Copper market holds its own
There is no question that the copper market this year has benefited from the strong underlying level of demand, particularly from North America where, following two years of strong growth, the consens…
Cottonbelt interests Bethlehem, Goldnev
The joint owners of the Goldstream mine can earn a half interest in the Cottonbelt massive sulphide property of CanQuest Resource (CDN). Both properties are in British Columbia’s Revelstoke district. …