NEWS ROUNDUP — American Copper eyes Oro Nevada
Vancouver-based American Copper (ACC-V) has offered to buy all the outstanding shares of Oro Nevada Resources (ONV-A) for a price equivalent to 30 cents per share, payable on the basis of one American…
News
NEWS ROUNDUP — AntOro acquires Beauce property
An exploration program is planned by AntOro Resources (ORE-M) on its newly acquired Seigneurie St. Francois property in Beauce Cty., Que.The property is in a historic placer mining region, where many …
Cancor reports zinc find in Quebec
An exploration program by Cancor Mines (KCR-M) has identified a zinc-mineralized massive sulphide zone at the Gemini project in the Abitibi region of Quebec.Based on partial assay results obtained to …
Soquem drills Clearwater
A 2,600-metre diamond drilling program is under way at Eastmain Resources’ (ER-T) Clearwater project in the James Bay region of Quebec.The program is designed to expand the Eau Claire gold deposit and…
Black Hawk advances Manantial Espejo to feasibility
A newly inked deal with two partners will help Black Hawk Mining (BHK-T) advance the Manantial Espejo project in southern Argentina to feasibility and, possibly, production.The agreement allows Silver…
Mazarin Mining posts first-quarter loss
Weak demand in Asia for asbestos has taken its toll on the bottom line of Mazarin Mining (MAZ-T).For the first quarter ended June 30, the company recorded a net loss of $1.1 million (or 3 cents per sh…
Careers (September 14, 1998)
Our parent company, IMC Global, is one of the world’s leading producers and manufacturers of agricultural products and services. IMC Kalium, a business unit of IMC Global, is one of the world’s larges…
Cambior plans big things for Doyon
Roller coasters head up, as well as down, and for the Doyon mine, a short distance east of Rouyn-Noranda, the ride seems to be heading up again.Doyon, which has suffered from high costs over the past …
High River cuts costs, boosts production
A $3.7-million charge related to the sale of properties in Nicaragua pushed High River Gold Mines (HRG-T) out of the black and into the red for the quarter ended June 30.The Toronto-based company repo…
Meridian expands discovery
Stepout drilling at the El Penon gold-silver project in northern Chile has more than doubled the strike length of the Quebrada Colorado gold-silver zone.Owner Meridian Gold (MNG-T) recently received r…
Rio clarifies deal with Anatolia
I wish to clarify your description of the terms of our agreement with Anatolia Minerals Development, as described in a recent issue (“Rio Algom teams with Anatolia in Turkey,” T.N.M., Sept. 7-13/98).I…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Win some, lose some
In 1919, I left my job as an Ontario mines inspector to work for the Longyear Company in Minneapolis, Minn., on its shaft contracts.My family came from Ontario with me, but, because I was often on the…