News


Gays River mine, mill up for sale

Westminer Canada has put its Gays River lead-zinc mine and mill in Nova Scotia up for sale following a 2-year attempt to solve water problems at the underground operation. “It’s a bit small for us,” s…


Preliminary estimate boosts reserves at South Kemess

A recent preliminary reserve estimate has almost doubled reserves on the South Kemess property in north-central British Columbia to 140 million tons grading 0.23% copper and 0.017 oz. gold per ton. Th…


LETTERS TO THE EDITOR (November 04, 1991)

Your story “Ownership puzzle confounds efforts to develop Holloway” (T.N.M., Oct. 14/91) mentions that the Lightning zone is the best hope for a new mine in eastern Canada. You probably forgot the Mos…


La Coipa cash machine’ closest mine to heaven

As is customary in Latin America, a padre offered the benediction at the recent official inauguration of the expanded La Coipa mine, 140 km from here, in the Chilean Andes. He blessed the plant itself…



Property deal by Vior, Inco

Quebec City-based Societe d’Exploration Miniere Vior (ME) and Inco (TSE) have negotiated a deal which will see Vior expand its gold property portfolio and Inco increase its interest in the junior. The…



Quilchena play

A 50% owned affiliate of Laramide Resources (TSE), private company Quilchena Resources, reports the completion of surface work and the drilling of three holes on porphyry copper-gold property near Asp…


Teck hurt by Cominco losses

Net earnings of $6.1 million or seven cents per share were reported by Teck (TSE) for its 1991 third quarter ended Sept. 30, down significantly from the $22.5 million or 27 cents per share reported in…


Mineral outlook conference set

The ninth annual Canadian Mineral Outlook Conference, to be hosted by Energy Mines and Resources (EMR) Canada and the Mining Association of Canada (MAC), is set for Nov. 26 at Ottawa. Theme of the 1-d…


Monk ramp hits wide gold zone

A 300-ft. ramp being driven into the B zone on Monk Gold and Resources’ (ASE) property near Wawa, Ont., has hit a wider-than-expected vertical shear grading up to 0.28 oz. gold per ton. Quartz veins c…


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