NEWS ROUNDUP — Champion Bear exploring property
Calgary-based junior Champion Bear Resources (ASE) has acquired a 100% interest in the Swimit gold prospect in McAree Twp., 25 miles east of Dryden, Ont. The property, with two patented and 143 unpate…
News
UN seminar
The United Nations Department of Economic and Social Development will host an international seminar Feb. 15-19, 1993, in Harare, Zimbabwe. The seminar is intended to produce guidelines for the develop…
PEOPLE — LAYFIELD RESOURCES (November 09, 1992)
Christopher Jennings appointed director.
PEOPLE — BOISE CREEK RESOURCES (November 09, 1992)
James Aikens appointed president; Bruce Allner appointed director.
Hycroft boosts Crofoot/Lewis reserves
A boost in reserves at the Crofoot/Lewis mine prompts owner Hycroft Resources & Development (VSE) to review the possibility of refitting the operation with newer and larger mobile equipment. Proven or…
Royal Oak boosts Giant mine’s output in third quarter
Royal Oak Mines’ (TSE) Giant gold mine outside Yellowknife, N.W.T., increased gold production during the third quarter of 1992 compared to the second quarter despite a bitter strike which began May 23…
GUEST COLUMN — Dispelling prophecies of doom
Mining activities here in Canada are in decline even while metal demand worldwide continues to grow because of the vital role mining products play in our daily lives. But our industry is still seen as…
STOCK MARKETS — Lytton soars to high of 80 cents on soil
Having discounted weeks ago a rejection of the Charlottetown Accord, eastern markets strengthened in the days after a majority of Canadians voted against the deal. Bolstered by the positive investor r…
LETTERS TO THE EDITOR — Spirit Lake frustrates shareholder
I am a highly frustrated shareholder of Spirit Lake Explorations and have followed the company since the 1960s. Management in June said an incline was being considered at a cost of $1.5 million to obt…
NEWS ROUNDUP — Cominco improves bottom line
A $65-million profit was reported by Cominco (TSE) for the first nine months of this year, a dramatic improvement from the $25-million loss for the comparable 1991 period. The profit for the third qua…
MINER DETAILS — Mining will regain public support
For the past eight years, as a reporter and editor for The Northern Miner, I’ve been fortunate — observer of the mining industry untouched by the slings and arrows of its outrageously cyclical fortun…
Big Creek moves two rigs for spring work at Casino
Drilling on the Casino copper-gold-molybdenum porphyry deposit in the Yukon is now finished for the 1992 season with a total of 21 large diameter holes completed. Big Creek Resources (VSE), the operat…