News

China planning increased exports

China plans to increase exports of major non-ferrous metals at an annual rate of 7.5% over the next eight years, according to a publication of Ontario’s Ministry of Northern Development and Mines. The…


New digital maps for Flin Flon area

Two maps created under the National Mapping program have been released for the area comprising Flin Flon, Man. and Creighton, Sask. The maps, which update the geology of the area for the first time si…


COMMENTARY — Staying ahead in the nickel market

The year 1992 was a challenging one for Inco. Reflecting low nickel prices, the company incurred a net loss — its first in eight years. As nickel prices fell, Inco worked even harder to reduce costs …




Reed Lake sampling

Exploration is under way on two gold properties near Wawa, Ont., both of which belong to Reed Lake Exploration (ASE). At the Holdsworth property in Gorbiere Twp., northwest of Hawk Junction, work is b…


Court hears Teddy Bear application

The Ontario Court of Justice has heard the application by Teddy Bear Valley Mines (CDN) for a plan of arrangement under the Ontario Business Corporations Act. The plan seeks to: — reinstate the 430 s…


Redfern arranges $5-million financing

Further work on the Tulsequah Chief and Big Bull properties in northwestern British Columbia is being financed through a $5-million private placement through Goepel Shields & Partners. The placement i…


ODDS ‘N’SODS — Payoff at Sheep Trail

Exploring for gold is a risky business and sometimes, as when Homestake Mining sank $700,000 into a single 10,200-ft.-long exploration hole a few years ago, the gamble pays off. Thanks to a persistent…


Geophysics chair funded by mining

Subsidiaries of mining giants Inco and Teck have joined with the Natural Sciences and Engineering Research Council of Canada (NSERC) to finance a chair in exploratory mineral drilling. The geophysics …



Skyline in Mexico

Trenching on the Aztec project, 70% of which is owned by Skyline Gold (TSE), has outlined three high-grade copper-zinc-silver zones for reconnaissance drilling this summer. Nine trenches were complete…


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