Metall boosts Teck interest
Copper-producer Metall Mining (TSE) has increased its direct and indirect voting interest in Teck (TSE) to 33.5% from 28.5%. In a private transaction, Metall acquired 273,500 A shares of Teck, bringin…
Articles by Northern Miner Staff
Kelowna lab a strategic advantage for Dia Met
The current diamond exploration rush owes much to a private laboratory nestled in a modest industrial building on the outskirts of this Okanagan community. For it was here that much of the analytical …
Cobalt clean-up
The Ontario government is providing funds to help complete rehabilitation work on silver mine workings in Cobalt, Ont., where cave-ins have created hazards. The funds, provided by the Ministry of Nort…
U.S. government dumps metals
Adding to the intricacies of marketing metals are the strategic inventory purchase and sales programs of the U.S. government. The programs were announced in 1992 and, currently, several non-ferrous me…
Vancouver company to mine Boleo copper — Historic Santa
To passing tourists, the tiny seaside town of Santa Rosalia is a place for a quick bite or a tank of gas as they make their way south, down the Baja California peninsula, to sport fishing and holiday …
Glamis glitters — At Randsburg, golden core . . .
Drilling at its operations near Randsburg, Calif., has paid off for Glamis Gold (TSE). The company estimates reserves are up by more than 500,000 oz. gold from estimates at the beginning of July, 1992…
NEWS ROUNDUP — Cambiex begins drill program
Two drills are active on the Dunraine property, 19 km east of Val d’Or, Que., Cambiex Exploration (ME) reports. The work includes 14,000 metres of deep drilling. Two drills are also active at the Phil…
NEWS ROUNDUP — Cusac testing new zone
Ongoing drilling by Cusac Industries (TSE) will test two newly discovered quartz veins 1,000 ft. west of the Bain vein on the Table Mountain gold project in northern British Columbia. The first of sev…
NEWS IN BRIEF (July 12, 1993)
Zahavy Mines Ltd. (ZVY:ASE) has changed its name to Xavier Mines Ltd. (XXX:ASE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is R-M Trust Co.
A visit to a small Argentine mine — New zone developed at
A new zone is being developed at the Farallon Negro epithermal gold-silver-manganese deposit, deep within the foothills of the Argentine Andes. About 300 tons per day are mined from the No. 1 vein sys…
NEWS ROUNDUP — Cambior buying all of Grevet
The jointly owned Grevet zinc project southeast of Matagami, Que., will soon have one proprietor. Toronto-listed Cambior has reached an agreement (subject to regulatory approval) with Serem-Quebec to …
FACTS & FIGURES — Significant drilling exploits
Long recognized as the Canadian West Coast’s worst underwater shipping menace, the twin peaks of Ripple Rock in Seymour Narrows lie just nine feet below the water’s surface at low tide. The “Rock,” ab…