Meliadine drilling cuts gold values
Drilling on the Meliadine project near Rankin Inlet, N.W.T., is returning gold values for joint owners Cumberland Resources (VSE) and Comaplex Resources (TSE). The current program includes closely spa…
News
Martel accused of violating Privacy Act
Ontario’s privacy commission has decided that the province’s mines minister, Shelley Martel, revealed “personal information” about an Ottawa man and, consequently, has violated the Freedom of Informat…
Control at Imperial changes hands
Control of Imperial Metals (TSE) is now in the hands of Calgary investor N.M. Edwards. Through a private financial corporation, Edwards will buy the 20-million-share block held by a group of five Euro…
September acquires Liberty Bell rights
An exploration program by Hemlo Gold Mines (TSE) will test the overall potential of a land package encompassing the past-producing Liberty Bell gold mine, 80 miles south of Fairbanks, Alaska. Historic…
EDITORIAL PAGEA — Politics of exclusion
It is hard to imagine, particularly after the Meech Lake fiasco, why any government would negotiate agreements of major public interest behind closed doors. But concern is growing in British Columbia …
COMMENTARY — Rising copper consumption
Western world refined copper consumption rose 2% to 10.2 million tons in 1993, the eighth consecutive year of record consumption. In the past three years, we have come through a major Western World re…
Chinese copper imports to rise
Chinese imports of copper in all forms could rise by 75% to almost 1 million tonnes of contained copper by 2005, according to a study from CRU International of London, England. In its 2-volume China a…
India’s gold jewellers adapt to changing trends
Indian gold jewellers are trying to adapt to changing trends which have turned jewelry from a traditional middle-class hedge against inflation into a fashion accessory. They are getting help from the …
Steel companies study design of lighter cars
An international consortium of steel companies has begun work on designing the lightest possible steel-bodied passenger car to help automakers reduce the weight of their vehicles in an affordable way….
LATIN AMERICA ROUNDUP — Barrick options Bolivian property
Senior gold producer American Barrick Resources (TSE) will finance US$2.5 million of exploration at the Escala project in southern Bolivia. Australian junior Austpac Gold owns the property, where, ove…
Transpacific options Kirkland Lake claims
Junior Transpacific Resources (TSE) has optioned 61 claims comprising 2,370 acres in the Kirkland Lake-Larder Lake area of northeastern Ontario. The property is known to host seven gold zones, one of …
LATIN AMERICA ROUNDUP — Mexico’s PRI returns to power
The Institutional Revolutionary Party (PRI) again claimed victory in national elections this month in Mexico. PRI candidate Ernesto Zedillo was estimated to have captured about 48% of the vote. He wil…