Insider Trading Pezim ups stake in Goldnev Res.
Vancouver promoter Murray Pezim recently moved to tighten his hold on Goldnev Resources (VSE), which has a 50% stake in the Goldstream copper-zinc property, north of Revelstoke, B.C. According to the …
News
Underground drifting adding to confidence in Rouyn mine
Underground exploration at the Francoeur gold mine, held equally by Rouyn Mining Resources (TSE) and LAC Minerals (TSE), continues to support the theory that proven reserves can be increased. Situated…
Additional cash for Int’l Platinum
Toronto-based International Platinum (TSE) has received a further $250,000 to finance exploration on the Duluth platinum project in Minnesota and the Goodfish gold property near Kirkland Lake, Ont. Th…
LETTERS TO THE EDITOR An American’s farewell to mines
I am not renewing my subscription after more than 20 years as my “ore” zone is depleted, and no “new exploration” is anticipated. No new financing, either. I’ve always been interested in the mining sc…
Spending slump hurts Hillsborough
Reduced expenditures on exploration and development by the mining industry have had a negative effect on Hillsborough Resources’ (TSE) 1989 revenue. The mining contractor reported revenues of $31 mill…
DRILLS, DIGGERS, DOZERS AND SUCH
Clearing Drawpoints North Channel Engineering, near Sudbury, Ont., has developed Safe Shot blasting tubes to clear plugged drawpoints. Safe Shot consists of a self-tying, heavy-duty burlap blasting ba…
A GIANT BEEP FOR MANKIND
Edwin Gauchier is interested in finding mines. That’s why he studied to become a geophysict. And he doesn’t care how they’re found as long as they’re found. His is not the approach taken by most prosp…
IT`S A MAD, MAD WORLD
The following items are offered for your edification or entertainment. Zaire has long been a major copper producer, first under Belgian colonial rule and, since the 1960s, under independent rule. But …
PAPUA NEW GUINEA AMONG TOP GOLD PRODUCERS
Papua New Guinea, the West Pacific paradise, is quietly becoming a player to reckon with in the international gold mining scene. It can boast three mines in the top 10 of the world’s biggest annual pr…
ASBESTOS WAR
With the government of Quebec backing it, the Asbestos Institute is appealing the U.S. Environmental Protection Agency (epa) ban on the use of asbestos. The full effect of the U.S. ban on importing, m…
FIRE-RESISTANT OILS
In the article “Fire Down Below” (NMM, Feb/90), one case history mentioned was that of a haulage truck which “caught fire because a worn transmission hose leaked and sprayed transmission oil on to the…
POLITICALLY MISUNDERSTOOD
The following is from a speech by John Larche, past president of the Prospectors & Developers Association of Canada, delivered in Thunder Bay, Ont., in February: Essential to the health of our industr…