NEWS IN BRIEF Info-Stop Communications Inc.
Info-Stop Communications Inc. has changed its name to Alpha Gold Corp. (ALQ:VSE) with no consolidation of capital.
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Val d’Or, Bullion in new arrangement
Junior mining company Ressources Val d’Or (ME) plans to transfer its rights to 80% of the Vendome zinc project in the Val d’Or area of Quebec to private firm Bullion Monarch Canada Resources. The new …
Rouyn-Noranda sees growth in mining
Mining, and especially mining- related activities, are an expanding contributor to the economy of the Rouyn-Noranda district in Quebec, where minerals worth some $365 million were produced in 1989. Th…
Golden Giant mine at Hemlo MacIsaac’s greatest challenge
MacIsaac Mining and Tunnelling Co., a privately held Sudbury, Ont., firm that specializes in shaft sinking, has built an enviable reputation among mining contractors since it was founded in 1947 by cu…
INSIDER TRADING Pezim sells ahead of price decline
Murray Pezim may have had his wings clipped to some extent by an investigation into trading activity involving some of his companies. But the Vancouver promoter obviously hasn’t lost his sense of timi…
Soviet Union petitions western mining firms
The Soviet mining industry says it is open to offers from its western counterparts to generate new mining projects, update antiquated mining technology and reclaim metal from waste. At an east-west st…
Experience gained in 1980s prepared industry for 1990s
Mining engineers at the junior and middle management levels these days are products of the late 1960s and ’70s. In earlier days, all engineers at some time worked in gold mines, large and small. With …
Status of rhodium likely to increase
Rhodium will probably be upgraded to primary metal status as a result of this year’s surge in the rhodium price. At least two new mines in South Africa will probably concentrate on rhodium rather than…
$2 millio plan a Campbel wil cu emission – `Pressur oxidation was
A new $24-million plant to treat refractory gold ores from Placer Dome’s (TSE) Campbell Red Lake mine at Balmertown, Ont., will result in the elimination of sulphur dioxide gas emissions from the site…
Lyon begins testing large, low-grade gold deposit in Costa Rica
The first few holes of a 21-hole drill program on the Beta Vargas property in Costa Rica are confirming the presence of a large, low- grade gold deposit. Assays from Lyon Lake Mines’ (ME) first hole o…
Drilling company has followed fortunes of mining since 1926
One of the world’s most prolific underground and surface diamond drilling contractors, N. Morissette Canada Inc. has drilled more than 55 million ft. of diamond drill core since its founding in 1926. …
Blue Falcon, Micron in Moapa option deal
A letter of intent to enter into an option agreement with Blue Falcon Mines has been signed by Micron Metals Canada (ASE) and its joint venture partners in the Moapa Valley prospect in Nevada. The agr…