Int’l Platinum acquires lithium property
Toronto-based junior International Platinum (TSE) has acquired a lithium property 144 km northeast of Thunder Bay, Ont. A 55-metre-long channel sample from the 27-claim property yielded an average gra…
News
Geomaque, Noranda in property deal
A letter of intent has been signed, allowing Noranda Exploration to earn half of a gold/base-metal property in Bourlamaque Twp. east of Val d’Or, Que., Geomaque Explorations (CDN) reports. Noranda mus…
LATIN AMERICA ROUNDUP — Minefinders options Mexican
An option agreement has been concluded with a Mexican businessman to explore and develop the Dolores gold property in Chihuahua, Mexico, Minefinders (VSE) reports. Minefinders may assume total ownersh…
Cambior gives green light to Carlota copper project
The Carlota project in east-central Arizona is to start producing copper in the first quarter of 1995, Cambior (TSE) reports after having approved a feasibility study. Engineering and the construction…
Order of Canada for MacMillan
A past president of the Prospectors and Developers Association of Canada (PDAC), Viola MacMillan will be presented in April with the Order of Canada. MacMillan, 90, is a member of the Canadian Mining …
Corner Bay hits more high grade
A 3,400-metre definition drilling program at the Main Zone copper property, near Chibougamau, Que., has intersected high-grade copper mineralization over strong widths. Soquem is earning 30% of the pr…
Roadheader in use at New Bousquet No. 1 — Lac testing
The Bousquet No. 1 gold mine might be considered the poor cousin of the three mines owned and/or operated by Lac Minerals (TSE) in the Malartic area of Quebec. The Doyon, owned 50% each by Lac and Cam…
Rio Algom counts on copper earnings
By launching a major project in Chile, Rio Algom (TSE) has secured its future copper earnings, said President Colin Macaulay. The Cerro Colorado property, which is to reach full production in 1994, ha…
EDITORIAL PAGE — Hug a miner — “We want to be wanted.”
Such strange words to be uttered publicly by a mining type. But they were used by Alex Balogh, president and chief executive of Noranda Minerals, at a news conference announcing the Whitehorse Mining …
COMMENTARY — Advances in mining equipment
Canada’s mining equipment industry has demonstrated that it is competitive worldwide. Most Canadian mines employ mature technology and acquire processes and equipment that have been developed and prov…
METALS MARKETS — Companies work to reduce costs
Metals markets continue to be roiled by conflicting economic reports. Amid the lingering recession, quiet consumer demand and growing inventories, miners and manufacturers are attempting to optimize p…
Reading our stock trading tables (April 05, 1993)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…