Chase boosts interest in Taysan
The recent purchase of an option on a further 7.5% interest in Taysan Copper, a Philippine company, gives Chase Resources (VSE) control over 67.4% of the Taysan project. On assignment of the 7.5% inte…
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EXPLORATION’92 — Newfoundland responds to mining
A streamlined environmental assessment process, reduced taxes and the elimination of some fees are among measures Newfoundland and Labrador is taking to revitalize its ailing mineral industry. Mines a…
EXPLORATION ’92 — Summer production planned for La Colorada
Full-scale gold production is being planned for next summer at the La Colorada project near Hermosillo, Mexico, held by private company Eldorado and a unit of Campbell Resources (TSE). Eldorado, which…
METAL MARKETS — Devaluation of dollar helps Canadian
The drop in world metal consumption is adding to miners’ woes as producer and terminal market metal stocks rise to the highest levels in recent years. In reaction, prices are slipping as consumers res…
Barrick extends search for new mines
The game plan of American Barrick (TSE) from the beginning has been to use hard cash to buy partly developed mining properties and then take them into production. Or, the Toronto-based gold producer h…
Minnova, Kerr test Troilus potential
If the Troilus gold property in northern Quebec gets the go-ahead, it will be one of Canada’s larger mine developments in recent years. It will be the largest gold producer in the Chapais-Chibougamau …
EDITORIAL PAGE — Blue-collar whiz kids
Global competition is making it more evident that corporate Canada has under-invested in its workforce, that Ottawa has poured millions of dollars into poorly focused training programs and that the pu…
LETTERS TO THE EDITOR — Epp replies to resignation call
I would like to take this opportunity to respond to the article “Jake Epp should resign” (T.N.M. Sept. 21/92) by Steve Parry, speaking in his dual capacities as president of the Porcupine Prospectors …
PROFILE — Bryant expects diamond hunt to stir interest in
The active search for diamonds in Canada’s North has sparked interest in Alberta’s mineral potential. The first documented find in the oil-rich province was made in 1988 by Tom Bryant, who discovered …
Proposal to merge Canamax, Minerex, Canada Tungsten under
A proposal is being reviewed by the boards of Canamax Resources (TSE), Canada Tungsten Mining (TSE) and Minerex Resources (TSE) to merge and create a larger, ongoing company known as Canada Tungsten. …
Crown Butte continues New World permitting
With field activities completed for the season, Crown Butte Resources (TSE) plans to continue permitting work “at a priority pace” this winter for its New World gold project in Montana. The company re…
Gowest in deal with Placer Dome
A letter of agreement has been signed between Gowest Amalgamated (ASE) and Placer Dome (TSE) whereby Placer may earn a 75% interest in Gowest’s property in northeastern Ontario. The property comprises…