InterStar develops manganese deposit
The Tambao manganese mining project of InterStar Mining Group (CDN) in Burkina Faso (French West Africa) is nearing the commercial production stage, the company reports. InterStar says it plans to emp…
News
NEWS ROUNDUP — Zeitler moves in as Minnova chairman
Following the completion of the purchase of a control position in Minnova (TSE) by Metall Mining (TSE), Klaus Zeitler, president of Metall, was appointed chairman of Minnova. Metall purchased a 50.4% …
INSIDER REPORT — Jordex president adds to holdings
President Brian Hinchcliffe of Jordex Resources (TSE) was an active buyer of his company’s stock in August, purchasing 35,000 shares at 80-85 cents to hold one million directly and 1.23 million indire…
Drilling continues at Fer property
Two holes have been completed on Canmine Resources’ (CDN) Fer property near Flin Flon, Man. The vertical holes, spaced 50 metres apart, intersected a massive sulphide zone at a depth of about 25 metre…
Metal Prices — FREE MARKET (October 26, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Copper 1387-1388 1365-1367 1351-1352 1322-13…
Drilling starts in Saskatchewan
With three projects slated for drilling this coming fall and winter, Pine Channel Gold (VSE) expects to rank among the more active junior companies in northeastern Saskatchewan. The company recently a…
Updated study for Refugio deposit
Board approvals were received by Bema Gold (TSE) and Amax Gold (NYSE) to close a transaction whereby Amax will become a 50-50 partner with Bema to jointly finance and develop the Refugio gold project …
PROFILE — Howe stays ahead of crowd in diamond hunt
Years before the diamond fever flared up in the Northwest Territories, Peter Howe acquired a diamond property in central Africa for Ateba Mines. Recently, TSE-listed United Reef Petroleums farmed in f…
LATIN AMERICA ROUNDUP — Nicaragua selling mining assets
The Nicaraguan government is selling some state-owned mineral assets, including two operating mines, that were nationalized when the Sandinista regime was in power. To be privatized are the operating …
MINER DETAILS — Madsen puts hope in `Mr. Chibougamau’
Our readers love to take us to task; for stories not written, for biased reporting, for outright mistakes. But we are also asked for information. “About Red Lake Buffalo Resources,” writes A.B. from W…
EDITORIAL PAGE — Fighting an anti-mining tide
Ontario’s Ministry of Northern Development and Mines (MNDM) has been taking some hard knocks over the past few years for its failure to promote the mining industry. The province’s own figures show tha…
LETTERS TO THE EDITOR — Discontented prospector takes The
It is unfortunate that your staff resorts to derogatory commentary when reviewing press releases issued by juniors while glossing over some of the spectacular disasters engineered by majors. Two recen…