Big mines show Mexico’s potential
Newcomers looking for evidence of Mexico’s mineral wealth need only look as far as La Caridad and Real de Angeles. Not only are they the latest mega-mining projects to be brought into production here,…
News
Diamond sample shipped out, land scramble goes on
A 200-ton sample collected from the diamondiferous kimberlite near Lac de Gras, N.W.T., is on its way to Dia Met Minerals’ (VSE) diamond recovery plant near Ft. Collins, Colo. Dia Met and partner BHP-…
Cream Silver options Doromin property
A recently signed option agreement between Cream Silver Mines (VSE) and Doromin Resources (VSE) gives Cream Silver the right to earn an 80% interest in Doromin’s George property in the northwest Mores…
Melinga plans work program for two northern prospects
A first-phase exploration program scheduled to begin in early April is being planned by Melinga Resources (VSE) for the Griffin Lake property and Kognak River property in the District of Keewatin, N.W…
Montreal Exchange — More Orient drilling
Daily trading volumes were relatively strong during the week ended March 17, ranging between 5.2 million and 8.3 million shares, but both the market portfolio and mining and minerals index stumbled. T…
Vancouver Stock Exchange — Takeover talk benefits Prime Res.
Gold’s performance went from disappointing to depressing as it slipped below the US$340-per-oz. level amid rumors of European selling and talk of its demise as the preferred haven against political an…
EDITORIAL PAGE; LETTERS TO THE EDITOR
I was well aware of William Fyfe’s view on the earth’s ecosystems (T.N.M., Jan. 27/92) when I made my remarks about “political environmentalists.” I agree that overpopulation is the root cause of all …
Kemess enters development stage
Owners of the South Kemess copper-gold project have filed the first of two documents required for approval of mine development with the British Columbia government. El Condor Resources (VSE) and St. P…
Minnova to get $15 million — Metall to buy into Izok Lake
Toronto-based companies Minnova (TSE) and Metall Mining (TSE) have agreed to combine their mining and financial strength in a bid to develop the Izok Lake copper-zinc property in the Northwest Territo…
Lacklustre results from Fort Knox
The latest results from Fort Knox Gold Resources’ (TSE) base metal property in Fawcett Twp., Ont., include a 64.5-ft. interval of low-grade lead-zinc mineralization pulled from the property’s north gr…
Amax drilling at Haile
With its purchase option expiring May 1, 1992, Amax Gold (NYSE) is operating three drill rigs on the Haile gold property near Kershaw, S.C. Amax can earn a 62.5% interest in the property from Piedmont…
Bachelor plans ore shipment to Lac Shortt for processing
Toronto-based Bachelor Lake Gold Mines (TSE) says it will send 20,000 tons of broken gold ore from its mine near Desmaraisville, Que., to be processed at Minnova’s (TSE) Lac Shortt mill. Lac Shortt is…