Noranda testing recovery plant for magnesium
Further testing of a process to recover magnesium from asbestos tailings in the Thetford Mines area of Quebec will be pursued by Noranda Minerals. Construction of a $25-million pilot plant will start …
News
Sutton acquires Tanzanian prospect
Under an agreement with the Tanzanian government, Sutton Resources (VSE) has gained an 85% net interest in the Bulyanhulu gold deposit about 40 miles south of Lake Victoria. Under the agreement, Sutto…
Fosters options claims in New Brunswick
By spending $75,000 on exploration this year and $750,000 over five years, Fosters Resources (ASE) can earn a half interest in 130 claims in New Brunswick. Exploration of the 5,200-acre property will …
Shaft deepening at Doyon approved
The shaft at the Doyon gold mine 40 km east of Rouyn-Noranda, Que., will be deepened to 1,024 metres from 654 metres. Equal Doyon partners Cambior (TSE) and Lac Minerals (TSE) have approved a feasibil…
NEWS ROUNDUP — Potential new zone at Huckleberry
Drilling on the Huckleberry property near Houston, B.C., has returned several copper intersections from a new area northwest of the Main zone deposit. Owner New Canamin Resources (VSE) drilled the are…
LATIN AMERICA ROUNDUP — CaribGold resumes Cuban drilling
Diamond drilling has resumed on CaribGold Resources’ (TSE) Santa Clara gold project in Cuba. Three mineralized structures — San Jose, Vista Hermosa and Lote Grande — will be investigated during this…
ODDS’N’SODS — Hollinger’s J.R. Timmins
Noah Timmins died Jan. 23, 1936. He was the last of the original five founders of the company known as Hollinger and was president since its inception — a period of 26 years. His pioneer spirit and g…
PEOPLE — SILVER STANDARD
Jorge Lopez Bain and James Whelan appointed directors.
PEOPLE — OLYMPIC RES. (August 29, 1994)
Rahoul Sharan appointed president.
PEOPLE — PRIME RES.
Ronald Parker appointed president and chief executive officer; Jack Thompson appointed chairman of the board.
PEOPLE — HOMESTAKE CANADA (August 29, 1994)
Ronald Parker appointed vice-president.
Steel companies study design of lighter cars
An international consortium of steel companies has begun work on designing the lightest possible steel-bodied passenger car to help automakers reduce the weight of their vehicles in an affordable way….