News


Delegates discuss acid drainage

About 450 delegates from several countries attended the Second International Conference on the Abatement of Acidic Drainage in mid-September in Montreal. Some 125 speakers at the 3-day conference pres…


NEWS ROUNDUP (September 23, 1991)

Toronto-based Falconbridge says it is cutting 100 jobs at its Sudbury, Ont., operations, after falling nickel prices forced rival Inco (TSE) to announce a similar move. The western world’s second larg…


Aur postpones Louvicourt work

Shaft sinking at the Louvicourt Twp. massive sulphide property, east of Val d’Or, Que., is being delayed until partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) complete a feasibility stud…


Saskatchewan offers Cameco shares

Nearly two months after the initial public offering of Cameco (TSE) shares, the Saskatchewan government has announced plans to sell shares of the uranium producer. Saskatchewan has made arrangements w…


Louvicourt

Partners Aur Resources and Societe Miniere Louvem expect the capital cost of developing their Louvicourt Twp. massive sulphide deposit east of Val d’Or, Que., to be well over $300 million. The two com…


U.S. REPORT (September 23, 1991)

Miners at a Mississippi Chemical Corp. potash operation at Carlsbad, New Mexico, and at the Fletcher mine and mill operation of lead producer Doe Run of Missouri were recently named winners of 1990 Se…


Guest Column (September 23, 1991)

As we wait for improved stock market conditions in the mineral resource sector in Vancouver, there is much speculation as to why the current market remains depressed. Speculation in the junior mineral…



Iceberg sinks Nanisivik zinc

A shipment of zinc concentrate from the Nanisivik mining operation on Baffin Island of Conwest Exploration (TSE) is lying on the ocean floor after the ship it was being carried on struck an iceberg. C…


Kingswood plans to drill deep hole

A 3,300-ft. hole designed to test the Phelps Dodge copper-zinc deposit near Matagami, Que., at depth is scheduled to begin by the end of the month, says Kingswood Explorations (ASE). Earning a 100% in…


Deak’s backers show confidence with share purchase

On paper, it sounds like a great idea. You combine the assets of three exploration companies with holdings in an established northern Ontario mining camp. You acquire an aging gold mine and 4,500 ton-…


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