Miners like Alaska’s ‘pro-development’ strategy
After more than 16 years of state government ambivalence on resource development, the Alaska Miners Association is welcoming initiatives by a new “pro-development” administration looking to improve th…
News
Inuit bargain for land claims
The Inuit of the Eastern Arctic moved a step closer to a land claim settlement at a Resolute Bay meeting earlier this year between them and the federal government. Calgary consultant Robert McPherson,…
Tandem purchase
Tandem Resources (ME) recently purchased an additional 250,000 shares of North American Rare Metals (ME) on the open market for, Tandem said, investment purposes. Tandem now owns about 4.3 million sha…
Companies boost Cominco ownership (April 29, 1991)
The three major shareholders of Cominco (TSE) recently increased their ownership of the major base metal producer. MIM (Canada) Inc., a subsidiary of MIM Holdings, reported buying, for itself and the …
Adrian boosts reserves to 240,000 oz. `gold equivalent’
Revised reserve estimates for the Ski project north of Stewart, B.C., represent an approximate 70% increase in preliminary reserves and contained gold-equivalent ounces over those announced in Septemb…
NEWS IN BRIEF EL-Equip Inc.
El-Equip Inc. of Elliot Lake, Ont., recently obtained a technology supply contract with Codelco, Chile’s state-owned mining conglomerate. The contract, worth $400,000, is for the supply and installati…
Seabright merges with Corner Bay, will change name
A wholly owned subsidiary of Seabright Explorations (TSE) has merged with Corner Bay Resources, a private Toronto-based company with properties in the Chibougamau area of northern Quebec. At the end o…
Noranda to resume drilling on Golden Highway project
After a disappointing performance in 1990, when the company was forced to close both its Kremzar and Ketza River gold mines, Canamax Resources (TSE) is pinning its hopes on the Golden Highway project …
U.S. REPORT Cactus West to explore Bank of Idaho
Conforming with a trend to test old copper porphyry deposits for gold content, Cactus West Exploration (VSE) is planning a program for its Bank of Idaho property in southwestern Idaho. Cactus West acq…
OBM celebrates 100 years in operation
The Ministry of Northern Development and Mines (MNDM) will celebrate its 100th anniversary on May 4. Established in response to significant copper-nickel discoveries in the Copper Cliff area during th…
NEWS IN BRIEF Gateford Resources
Gateford Resources (ASE) has made a takeover bid for all the outstanding shares of Landmark Corp. Under terms of its offer, Gateford will issue 11 treasury shares for each 13 shares of Landmark. Gatef…
Mining services
The mining consulting firm of Derry, Michener, Booth & Wahl may have dissolved its partnership practice toward the end of 1990, but its Mining House division of Toronto carries on. Charles Pitcher, a …