ODDS’N’SODS — The Italian immigrant
During the 1950s, many newly arrived immigrants were hired at the fast-developing world uranium centre that was Elliott Lake, Ont. Numerous sturdy Italians made their way to the mines and gradually fo…
News
Ashanti Goldfields CEO to speak at CIM luncheon
Ashanti Goldfield’s 10 years of growth will be discussed by Chief Executive Officer S.E. Jonah at this month’s meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, in Toronto. Topics…
Tax freeze key to future investment
In a measure designed to stimulate investment activity and create jobs in the mining sector, the Ontario government has frozen all taxes and fees relating to the industry.The Mining Land Tax has been …
DIAMOND NEWS — Namco finds diamonds off Namibian coast
Stepout sampling by Namco (VSE) off the coast of Namibia has uncovered diamonds in all 16 locations.The company took samples at 10-metre stepouts from the five discovery holes drilled in the sea floor…
EDITORIAL PAGE — The Yukon beckons
Back in the early 1990s, when Venezuela was attracting the attention of North American mining companies hoping to make major discoveries, a few geologists began looking towards West Africa as an exten…
DIAMOND NEWS — Shore Gold acquires Saskatchewan diamond properties
The Fort a la Corne diamond play in Saskatchewan has attracted the attention of Shore Gold (ASE).Shore has acquired a half interest in claims totalling 4,654 hectares, next door to the Fort a la Corne…
TORONTO STOCK EXCHANGE INDICES (February 05, 1996)
1996 Jan 30Jan 29Jan 26Jan 25Jan 24HighLowComposite”300″4987.874949.214901.184870.484864.144987.873983.34Metals&Minerals5232.735095.795041.115002.794958.315276.123273.56Integrated…
Spot prices at a glance (February 05, 1996)
Wednesday, January 31, 1996Week’s Price (US) ChangeGold*$403.20+$0.20Silver*$ 5.52-$0.02Platinum*$418.25-$3.25Nickel**$ 3.84+$0.16Lead**$ 0.34+$0.01Copper $ 1.17+$0.02Zinca$ 0….
Cons. Brenzac busy in Indonesia
Consolidated Benzac Development (VSE) now has contracts of work (CoWs) covering more than 1,310 sq. km on the Indonesain island of Kalimantan.The company acquired two new CoWs covering the Bunut epith…
NEWS ROUNDUP — Coeur d’Alene gains stake in Orion
In a move to strengthen its position in Western Australia, Coeur d’Alene Mines (NYSE) has acquired a stake in Orion Resources. Only recently, that very stake in Orion was acquired by Homestake Mining …
Nebex Res. drills sulphide targets in Albania
Drill-testing of the copper-gold-zinc massive sulphide targets on Nebex Resources’ (ASE) Mirdita concession in Albania is under way.Previous drilling intersected a 3.3-metre interval averaging 3.7% co…
COMMENTARY — Environmental report championed
One month ago, Gordon Kirkby, member of Parliament for Prince Albert-Churchill River and chairman of the Standing Committee on Natural Resources, used this column to discuss the committee’s interim re…