Eastmaque and major shareholder at odds
An apparent falling out over the conversion of its preferred shares into common shares has Eastmaque Gold Mines (TSE) at odds with its major shareholder, VenturesTrident. VenturesTrident filed a lawsu…
News
Vancouver Stock Exchange The Grinch who stole Murray’s trading
With the Vancouver Stock Market already scraping bottom, the announcement of a year-long trading ban on Murray Pezim didn’t seem to have much of an effect. The Vancouver Composite Index remained virtu…
Redfern’s John Greig predicts strong showing for base metals
Among Canada’s notable mineral deposits of recent years is the Tulsequah Chief property in British Columbia, owned 40% by Redfern Resources and 60% by Cominco Ltd. Three years of underground drilling,…
EDITORIAL PAGE Learning politics
“I learned the trade in Ireland when I went there to develop a mine that was going to represent 10% of the Irish economy — the largest mine in Europe — and I was in my thirties — and not one person…
LAC cuts 145 ft. of 0.29 oz. at Rosebud full results held back
Drilling on the Rosebud property has cut a 145-ft. intersection grading 0.29 oz. gold and 0.94 oz. silver per ton from 637 ft. to 782 ft. The hole including a 60-ft. section grading 0.62 oz. gold and …
U.S. REPORT Hecla purchases two U.S. feldspar mines
Idaho-based Hecla Mining (NYSE) has purchased all the outstanding stock of Indusmin from a subsidiary of Falconbridge Ltd. and from Unimin Corp. The acquisition includes two feldspar mines and a proce…
Cobalt to be subject of feature film
Cobalt, Ont., the cradle of the province’s mining industry, has been chosen as the subject of a full-length film production. It is designed to recreate the legendary figures and document the major eve…
Mining and guitars: fining relevance for students
According to Mark Twain, “Everyone complains about the weather, but no one does anything about it.” Mining people have long complained that students in Canadian schools know little about our industry …
Minnova, Aurlot drop Janus metal prospect
Following disappointing results from the Janus exploration project in Oregon, Minnova (TSE) and Aurlot Explorations (COATS) have abandoned the polymetallic prospect. Aurlot, which held the right to ea…
Ican forecasts 200 million tons at Racey
Calgary-based Ican Minerals (TSE) continues to intersect strong widths of low-grade gold mineralization on the Racey property in Oregon, the company says. Although Ican is awaiting check fire assays, …
Minnesota drilling by Int’l. Platinum
A new drill hole to a depth of about 1,360 ft. has been completed on the Birch Lake platinum group metal property in Minnesota, International Platinum (TSE) reports. The drilling took place north of B…
People DICKENSON MINES AND WHARF RESOURCES (December 17, 1990)
Robert McEwen appointed president of these companies succeeding David Libby who resigned; John Cook appointed both companies’ vice- president of operations.