Thunderwood explores Buchans
Geophysical and soil geochemical surveys are in progress on the Buchans base metal property in west-central Newfoundland. Current owner Thunderwood Resources (TSE) reports that the property hosted the…
News
Santa Fe acquires Bob Creek play
New York-listed Santa Fe Pacific Gold is set to acquire the Bob Creek gold property in Nevada’s Eureka Cty. To do so, it must spend at least US$150,000 on exploration over the next 12 months, and prog…
Inco advances McCreedy East
Nickel giant Inco (TSE) is moving ahead with plans to advance McCreedy East, its largest undeveloped nickel-copper deposit in Ontario’s Sudbury Basin, to the production stage. The first phase of devel…
EPA recommends actions for Kensington gold project
The Environmental Protection Agency (EPA) in the U.S. has concluded that certain specific actions should be taken for the Kensington gold project in Alaska to meet environmental requirements and compl…
STOCK MARKETS — Rising U.S. interest rates hinder TSE
Two factors helped drag the Toronto Stock Exchange lower over the 5-day report period ended Nov. 15: a falling Canadian dollar and rising Canadian interest rates in the wake of a recent decision by th…
Sunshine posts reduced loss
Higher silver prices, and consequently higher revenue, helped Sunshine Mining (NYSE) reduce the loss posted for the third quarter of 1994. The company had a net loss of US$2.9 million on revenue of US…
Aquaterre options Georgia
Junior Aquaterre Mineral Development (VSE) has acquired half of the Georgia River property in northwestern British Columbia. Previous work outlined a drill-indicated and inferred resource of 304,000 t…
ODDS’N’SODS — DC-3 airplane served its northern owner well
The DC-3 airplane emerged from the Second World War as a fitting work-horse and as a useful machine for the years of civilian development that followed. Time would see this marvelous craft straddling …
PEOPLE — BISMILLAH
Raymon Mabanta, Celissa Ma, Willy Ramussen and J. Woods appointed directors.
PEOPLE — SWANNELL
John Mooney appointed vice-president and director; Shirley Mooney appointed director.
Joint project studies phenomenon of rockbursts
For centuries, one of the biggest dangers in mining has stemmed from the potential instability of the openings in which miners work. Often, the collapse of these structures is attributed to a phenomen…
EDITORIAL PAGE — Babbitt and the American Dream
U.S. Interior Secretary Bruce Babbitt has been a vocal critic of the 1872 Mining Law on the grounds that the statute allows mining companies (even foreign ones) to buy government land for a mere US$5 …