Westray section to be investigated
The Nova Scotia government says that the section of the Westray coal mine where a methane explosion in May that killed 26 men is thought to have originated will be examined by investigators. Flooding …
News
Strike extends search to Quebec
To add to its diamond exploration portfolio in northeastern Ontario, Strike Minerals (CDN) has optioned a 6-claim property across the border in Guigues Twp., Que. In order to earn a 100% interest in t…
Sentinels winners
Winners of the 1991 Sentinels of Safety were announced recently by the U.S. Labor Department’s Mine Safety and Health Administration and the American Mining Congress. The contest, held annually since …
Women applicants on the increase
If the annual scholarships offered by the Canadian Mineral Industry Education Foundation (CMIEF) are any indication, more women than ever before are entering mine engineering. Of the 54 CMIEF scholars…
Lack of smelting capacity should sustain copper price
Hopes for an economic turnaround have combined with a shortage of new smelting capacity to drive the price of copper to its highest level in 18 months. At presstime, the cash price of the metal on the…
Industrial minerals focus of conference (July 27, 1992)
A 2-day conference focusing on major markets for industrial minerals, Industrial Minerals ’92, is scheduled to take place Oct. 20-21 at Toronto’s King Edward Hotel. Markets and products to be covered …
NEWS IN BRIEF (July 27, 1992)
Forbes Resources Ltd. (FRN:VSE) has changed its name to Forbes Medi-Tech Inc. with no consolidation of capital. The transfer agent is Pacific Corp.
LATIN AMERICA — Greenstone arranges financing
Toronto-based Greenstone Resources (TSE) has made arrangements with Middlefield International of London, England, for a $4-million offering to finance developments at its Latin American gold projects….
Grants for exploration in Ontario top $11 million
Ontario has approved more than $11-million worth of grants to exploration-related projects this year, announced Shelley Martel, minister of Northern Development and Mines. — The Ontario Prospectors A…
Placer buying all of Paymaster
Shares of American Reserve Mining (VSE) hit a new low of 8 cents recently after Placer Dome (TSE) agreed to pay $2.28 million cash for the junior’s 35% stake in the Paymaster gold mine project near Ti…
PEOPLE — CHASE RESOURCES
Michael Callahan appointed director and chief financial officer.
Hemlo explores Northfield claims
Gold producer Hemlo Gold Mines (TSE) has started exploring the Swansea property near Virginiatown, Ont., after signing a final option agreement with Northfield Minerals (ASE). Under the terms of the a…