B.C. copper smelter studied
A preliminary feasibility study recently concluded that a copper smelting facility on the coast of British Columbia would be economically viable. A Vancouver-based firm headed by former Cominco execut…
News
Beama sees 225,000 oz. a year from Chile
Armed with a positive preliminary feasibility report, Bema Gold (TSE) is aiming to bring on stream a heap leach gold mine in Chile with an annual production rate of about 225,000 oz. gold. That repres…
OBITUARY John Morgan
John Morgan, an industrial minerals geologist, died recently. He was 76. Born in Winnipeg, Man., Morgan had a B.Sc. from the University of Manitoba and a Ph.D. from the University of Wisconsin. From 1…
Ontario implicates officers in Matachewan spill
Responsibility for a spill that released tonnes of mine tailings into the Montreal River last October rests not only with the companies involved, but also with their chief officers, according to recen…
U.S.REPORT AZCO advances Arizona copper deposit
The generally bullish outlook for copper has a privately-held junior aiming to develop an Arizona deposit which contains an estimated 168 million tons averaging 0.336% copper at a 0.2% cut-off grade. …
Montreal Exchange Stratmin gains 20 cents
A sagging market during the first week of the new year gave way to one with a small gain for the report period ended Jan. 15. The market portfolio moved up by more than 5 points on daily volumes in th…
Cheni’s drilling at J&L cuts consistent silver-zinc values
Drilling on the recently discovered Yellowjacket zone on the J&L property near Revelstoke, B.C., is returning consistently good results. Cheni Gold Mines (TSE) is funding the drilling program and can …
Fluorspar mine in Newfoundland closes due to depressed prices
A fluorspar mine on Newfoundland’s south coast has been closed indefinitely because of poor market prices. The decision comes just weeks after the mine operator’s parent company, Minworth PLC of Engla…
U.S. REPORT Canyon cuts deal with Kennecott
In a deal potentially worth US$35 million, Canyon Resources (NASDAQ) recently granted Kennecott Corp. the right to earn a 51% interest in the Briggs property located in the Panamint Range of Californi…
Nahanni drilling
Toronto-based Nahanni Mines (TSE) says ground geophysical surveys were completed last month on its South Pipestone gold prospect about 50 km northeast of Timmins, Ont. The survey work identified three…
Ontario to establish Elliot Lake office for mineral development
As part of a plan to bring facilities and staff to areas of greatest public need, the Ontario Ministry of Northern Development and Mines is opening a new minerals development office in Elliot Lake, On…
Grizzly Creek picks up Garrison property
Grizzly Creek Resources (VSE) has purchased an option on a 5-claim property adjacent to the New Buffonta gold deposit in Garrison Twp., Ont. The deposit, currently being mined by partners Perrex Resou…