Davy awarded Cayeli contract
A contract for monitoring and contract compliance services at the Cayeli Bakir Isletmeleri AS copper-zinc project in Turkey has been awarded to the Toronto office of Davy International. An engineering…
News
Possibilities for foreign investment expanding in CIS
A mining delegation to the Commonwealth of Independent States (CIS) late in 1992 found that investment opportunities are more favorable than in the previous year, although the political risks are stil…
STOCK MARKETS — Precious metal producers respond to gold
A slight increase in the gold price during the week ended Jan. 26 drew a strong response from The Toronto Stock Exchange’s gold issues, which beat out diamond stocks as the most active traders for the…
STOCK MARKETS — Venezuelan Goldfields continues healthy
Western markets continued to gain ground during the week ended Jan. 26, with the primary focus still centred on the Kilometre 88 area of Venezuela. The Vancouver Stock Exchange resource index posted a…
Falconbridge, Dickenson cut staff
Staff cuts have been announced at Falconbridge’s Sudbury Division and Dickenson Mines’ (TSE) Arthur W. White Mine near Red Lake, Ont. To counter the effects of rising world nickel inventories and the …
William drilling Clementine gold property
A 3,000-metre diamond drill program is under way on William Resources’ (ME) Clementine gold property in Grevet and Franquet twps., about 30 km north of Lebel sur Quevillon, Que. The company has the op…
Shoal Lake project study can proceed
A feasibility study on the Shoal Lake gold property of Kenora Prospectors and Miners (CDN) near Kenora, Ont., has been given the green light. Ontario Environment Minister Ruth Grier recently announced…
FINANCING (February 01, 1993)
Copperstone Res. Corp. — 1,500,000 shs. @ 17 cents per shs.
NAFTA and the mining industry
The North American Free Trade Agreement (NAFTA), to take effect Jan. 1, 1994, will present the mining industry worldwide with a unified market with common external tariffs. The three NAFTA partners –…
New incentive program for Ontario in the works
A major government incentive program for Ontario’s mineral exploration industry is being proposed for implementation. John Gammon, deputy minister of Ontario’s Ministry of Northern Development and Min…
Regal uncovers small diamond
While running preliminary bench scale tests on material taken from its A-4 kimberlite pipe near Kirkland Lake, Ont., recently, Regal Goldfields (CDN) recovered one gem-quality macrodiamond. The small …
Drilling continues at Huckleberry
Drilling on the Huckleberry property near Kemano, B.C., recently resumed; 22 holes totalling 10,000 ft. are planned. New Canamin Resources (VSE) is earning a 100% interest in the property from Kenneco…