Caledonia seeks alluvial diamonds in N.W.T.
With the acquisition of six properties covering 525,000 acres in the Northwest Territories, Caledonia Mining (TSE) has introduced a new twist to diamond exploration in the area. Pointing to the diamon…
News
Financing (March 22, 1993)
Hyder Gold — 1,000,000 shs @ 50 cents per sh on a best efforts basis with a minimum subscription of 1,000,000 shs.
Interior Secretary singles out Barrick — Proposed hardrock
American gold producers — among them, many Canadian-controlled mines — are bracing themselves for a proposed royalty on hardrock mines in the U.S. As part of its economic program, the Clinton admini…
Redfern boosts reserves at Tulsequah property
After incorporating 1992 exploration results, Redfern Resources (TSE) says preliminary reserves at its 100% owned Tulsequah Chief deposit increased to 9.4 million tons grading 1.48% copper, 1.17% lead…
EDITORIAL PAGE — A taxing effort
For those who want more money spent on exploration in Canada, a ray of hope shone from an unexpected quarter recently. To wit, the U.S. House of Representatives, where Secretary of the Interior Bruce …
CIM meeting on environmental education
A Chair in Mining Environment has been created at the University of British Columbia (UBC) to address the widespread problem of acid rock drainage (ARD). Dr. Richard Lawrence will discuss ARD at a Mar…
Juniors active in Honduran mineral search
The exploration activities of three North American companies in Honduras are a sign that that country’s mining potential remains solid. In 1990, Breakwater Resources (TSE) acquired the El Mochito zinc…
Gold panning growing in Zimbabwe
With a crying baby on her back, Esnat Chibangara crouches in the fast flowing Pote River and slowly sifts through the fine sand in her bowl for the eighth time. A sigh indicates that the 35-year-old w…
METALS MARKETS — World metals consumption languishes
In all markets, metals consumption continues to languish among members of the Organization for Economic Co-operation and Development. In Japan and Europe, the main consuming areas such as commercial c…
Water quality test drilling uncovers Huckleberry zone
Drilling for a water quality monitoring well in the area of a proposed tailings dam at the Huckleberry project near Kemano, B.C., has intersected a zone of high-grade copper. New Canamin Resources (VS…
VSE Rights & Warrants
Adrian Res. – 2 wts buy sh @ $1.00 to Feb 22/94. Alpha Gold – 2 wts buy sh @ 62} to Sept 24/93. American Reserve M’g – Wt buys sh @ $2.25 to Feb 28/94. Azco Mining WT.L – 2 wts buy sh @ $3.50 to Apr 7…
Noranda to drill York Harbour
Drills will soon begin turning on Noranda’s (TSE) York Harbour base metal property in central Newfoundland. Owned 80% by Noranda and 20% by Cumberland Resources (VSE), York Harbour is a former produci…