PEOPLE — TOMBSTONE RESOURCES
Jose Fernaguera and Mario Szortlender Rajs appointed directors.
Articles by Northern Miner Staff
DIAMOND UPDATE — Diamonds spur world-wide activity
Canadian companies continue to explore for diamonds both in Canada and abroad: Northwest Territories: — Fortune Minerals (CDN) has acquired a 50% interest in 20,144 acres in the Lac La Martre area, n…
LATIN AMERICA ROUNDUP — Teck acquires Arauco shares
Under a share purchase warrant, Teck (TSE) has acquired 31,600 shares of Arauco Resources (VSE), a junior company exploring properties in southern Chile and Argentina. The shares were acquired for “in…
LATIN AMERICA ROUNDUP — Trev discovery in Jamaica
Following up a multi-element geochemical anomaly identified by the Canadian International Development Agency, Trev Corp. (ASE) has discovered high-grade copper mineralization at its Golden Spring prop…
STOCK MARKETS — DHK sparkles as investors await WO drill
Despite a leveling of bullion at the US$353 level, Western markets continued their rapid ascent, with the Vancouver Stock Exchange composite index up over 34 points at 918.56 and the resource index ju…
Hemlo Gold’s Giant mine boosts quarterly output
Gold production increased by 9% to 132,700 oz. in the first quarter compared with the same period last year, Hemlo Gold Mines (TSE) reports. The company, in which Noranda (TSE) has a 45.6% interest, a…
Inco Alloys reducing staff
The alloys business unit of Inco (TSE) is being reorganized. The workforce of Inco Alloys International (IAI) is to be cut by about 340 people (about 12%) in 1993. In the U.S. and the U.K., IAI produc…
Kerr discussing re-organization
Having disposed of its interests in Minnova (TSE) and oil and gas producer Anderson Exploration, Kerr Addison Mines (TSE) intends to dispose of its remaining assets and continue talking with its major…
High River to deep-drill Snow Lake gold property
Having encountered significant gold mineralization in a deep drill hole earlier this year on its Snow Lake property in northern Manitoba, High River Gold Mines (TSE) is gearing up for an additional dr…
Cominco nixes QSL technology
After three years of studies and tests, Cominco (TSE) has decided not to proceed with the QSL lead smelting process at its metallurgical operations in Trail, B.C. The QSL smelter was fired up in late …
Push on to boost Izok Lake reserve
As the 1993 field season gets under way at Izok Lake in the Northwest Territories, a priority will be increasing the zinc-copper deposit’s reserve base, said Klaus Zeitler, president of Metall Mining …
NEWS ROUNDUP — Labs test sample from Tiomin property
A sample of heavy mineral concentrate from the Natashquan, Que., property is being tested at five laboratories in the U.S., Australia and Canada, reports Tiomin Resources (ME). The tests, to be comple…