AMERICAS — New Chilean mine for Coeur d’Alene
Historically, Coeur d’Alene Mines (NYSE) has been associated with Idaho and the prolific silver mines of its namesake district in that state. But these days — with operating mines in Nevada and New Z…
News
EDITORIAL PAGE — The school of hard knocks
A sobering dose of reality hit the Canadian diamond play this past week as disappointing results were released by Kennecott Canada from the DO-27 (Tli Kwi Cho) kimberlite in the Lac de Gras region of …
AMERICAS — Chile and Mexico draw globetrotter Cominco Int’l.
Geologists working for Cominco Resources International (TSE) are ensuring that their company lives up to its name. This year’s activities include searching for porphyry copper deposits in Chile’s Atac…
Vengold decides against acquisition of St. Philips
The proposed acquisition of all the shares of St. Philips Resources (VSE) by Vengold (TSE) will not proceed. Vengold had offered to purchase all the issued shares of St. Philips in return for Vengold …
Starmin, Ivanhoe deal closes
A previously announced arrangement involving Starmin Mining (TSE) and privately owned Ivanhoe Goldfields has closed. The agreement took effect Aug. 11; Starmin shares are trading on a 3-for-1 consolid…
New Island hits gold at Glover
Alberta-listed New Island Minerals has received encouraging gold assays from sampling on its Glover Island property in central Newfoundland. The samples were collected from an outcrop area measuring 2…
Field conference set for Sudbury
The fourth annual CIM Geological Society Field Conference will take place Sept. 19-21 in Sudbury, Ont. Titled “Exploration and mining geology of world class deposits: strategies for success,” the conf…
Mongolian data package complete
The Geophysical Exploration Technology of the University of Leeds has completed a year-long collaboration study with Mongolian Geological and Geophysical Exploration to compile aeromagnetic data for M…
Troilus contract to SNC-Lavalin
A contract for engineering and construction management of the concentrator, tailings storage and associated infrastructure at the Troilus gold project north of Chibougamau, Que., has been awarded to S…
Record price for Nymex seat (August 15, 1994)
A New York Mercantile Exchange (Nymex) seat sold recently for a record US$555,000. The futures exchange trades oil and gas and platinum and palladium contracts. Meanwhile, the Commodity Futures Tradin…
DIAMOND PAGE — Sampling program for Nicholas Bay pipe
Partners SouthernEra Resources (TSE), Winspear Resources (VSE) and Adex Mining (TSE) plan to carry out a 2-3 tonne mini-bulk-sampling program on their newly discovered Nicholas Bay diamondiferous kimb…
STOCK MARKETS — Disappointing DO-27 results spur western
Disappointing exploration results out of the Northwest Territories helped spur a continued slide in western markets. The Vancouver Stock Exchange resource index took it on the chin, plunging 121.73 po…