Cyprus drilling at Noyon Twp.
A drilling program has been started by Cyprus Canada on the Noyon Twp. gold property in Quebec. The property is owned 70% by Northway Explorations (TSE) and 30% by T&H Resources (TSE). In 1993, a prel…
News
TORONTO STOCK EXCHANGE INDICES (January 31, 1994)
— 1994 — Jan 25 Jan 24 Jan 21 Jan 20 Jan 19 High Low Composite”300″ 4456.21 4465.80 4501.94 4542.38 4562.90 4574.32 4286.54 Metals&Minerals 3625.50 3613.25 3619.51 3717.27 3726.96 3742.06 3495.59 In…
USMX releases Dewey reserve
The geologic resource for the Dewey Dome area of the Thunder Mountain property is estimated at 8.4 million tons grading 0.04 oz. gold per ton. USMX (NASDAQ) bases the estimate on 65 reverse circulatio…
LETTER TO THE EDITOR — Junior explorationists find the going
The article “Despite obstacles, Ontario attracting miners” (T.N.M., Dec. 27/93) is stretching the truth to some extent. Mining executives at the 2-day symposium in Toronto organized by Ontario’s Minis…
PEOPLE — CYPRUS CLIMAX METALS (January 24, 1994)
M. Patrick named director, human resources, for South America.
PEOPLE — GEOMAQUE EXPLORATIONS
Phillip Walford appointed director and vice-president, exploration.
TSE INDICES (January 24, 1994)
— 1994 — Jan 18 Jan 17 Jan 14 Jan 13 Jan 12 High Low Composite”300″ 4561.90 4544.24 4489.14 4479.90 4454.69 4561.90 4286.54 Metals&Minerals 3724.61 3687.85 3620.74 3615.81 3605.57 3736.84 3495.59 In…
NEW FRONTIERS IN MINING — Cominco hurt by low metal prices
It was a tough year for base metal producer Cominco (TSE) and, according to most analysts, 1994 is not likely to be much better. Year-end results are not yet in, but for the nine months ended Sept. 30…
NEW FRONTIERS IN MINING — Opportunities in China
One advantage to exploring for minerals in China, which recently opened its doors to foreign mining companies, is the excellent geological data available on specific sites, says the president of a Van…
Fairfield buys back Siwash North royalty
A 10% net proceeds royalty in the Siwash North gold deposit near Merritt, B.C., has been bought back from Placer Dome (TSE). Fairfield Minerals (TSE) has arranged to buy the interest for $1 million, p…
COMMENTARY — A grassroots perspective
A blaze is threatening all our mines, an inferno advancing toward us at an alarming rate. It is primarily in the form of the preservationist movement and the political ramifications it brings with it….
Takla Star signs deal covering two gold properties in
Under a conditional agreement, Takla Star Resources can acquire two gold properties totaling 27,020 hectares, in Bolivia. The Alberta-listed company also has an option to acquire exploration and devel…