Mining televised
A television campaign to improve mining’s image and to stress its importance has been launched by Ontario’s Department of Northern Development and Mines. It targets viewers in the Toronto and Hamilton…
News
Menora completes private placement
A private placement of 1,125,000 units has netted Menora Resources (ME) $450,000. Each 40 cents unit consists of one share and one warrant. Redemption of two warrants plus 80 cents on or before April …
PEOPLE — CONQUEST EXPLORATION (October 05, 1992)
Robert Munro appointed president; Ilan Hall and Robert Christie appointed directors.
Tan Range acquires Tanzanian property
A 100-sq.-km gold concession in northern Tanzania has been secured by Tan Range Exploration (ASE). The property in the Igogo Hills area covers a deformed banded iron formation. Sampling has returned g…
MINER DETAILS — Mining an off-the-wall enterprise
The mining industry and its personalities have on occasion made interesting fodder for books that generally fall into two categories, the trash-for-cash expose or those so glowing they transform even …
Minnova plans LeMare drilling
A total of 3,300 ft. of drilling is planned on the LeMare property under option to Minnova (TSE). Minnova can earn a 60% interest in the property from Stow Resources (VSE) by spending $1.5 million by …
Hemlo Gold to fund Moss Lake drill program
A surface drilling program designed to test for higher-grade underground reserves at the Moss Lake gold property west of Thunder Bay, Ont., will get under way in early October, says Toronto-based Cent…
PRODUCER PRICES (October 05, 1992)
ALUMINUM: MW U.S. market US58.25-58.75 cents per lb. (Sept. 10, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 19…
Expert cautions investors in Russia’s resource sector
Mining can be a high-risk business especially in the former Soviet Union, said Neil MacFarlane who addressed a small group at Queen’s University on Sept. 25, 1992. A study being carried out by him at …
LATIN AMERICA ROUNDUP — Arimetco in deal with Fischer-Watt
An option agreement to earn an 80% interest in the San Andres gold project in Honduras has been entered into by Arimetco International (TSE) with Fischer-Watt Gold (NASDAQ) of Reno, Nev. To earn its i…
Azco proceeding with Sanchez
Planning for the Sanchez oxide project is proceeding, with owner Azco Mining (VSE) recently hiring engineering consultant Davy McKee to provide all engineering, procurement and construction management…
Staking in Alberta for diamonds could rival Lac de Gras
The diamond rush in Alberta may soon rival the Northwest Territories play in terms of surface area if land acquisition continues at current levels. The Alberta land grab now covers an estimated 12 mil…