Denison shifts emphasis back to uranium mining
Denison Mines (TSE) is casting a bullish vote for uranium — the mineral upon which the diversified mining and energy company was built. In a major redirection, Dension plans to sell its large oil and…
News
Montreal Exchange Graphite gets attention
Early assay results indicating a rich graphite find in Quebec, near the town of Fermont and the Labrador border, have placed the spotlight on Mazarin Inc., which is in the midst of a winter drilling p…
Early assay results indicate rich Mazarin graphite deposit
A winter drilling program in the Fermont area of Quebec by Mazarin Inc. (TSE) has uncovered a rich flake graphite deposit. First assays indicate an average grade at the Lac Knife main zone of 16.8% gr…
People (February 27, 1989)
MAGMA COPPER CO. — Judd R. Cool and Simon D. Strauss elected to the board of directors bringing the total number of directors to 11. * *…
Stratmin financing for graphite mill
A financing worth $14.5 million has been concluded by Stratmin Inc. (ME) for the company’s graphite project at St-Aime-du-Lac-des-Iles, Que. Through a wholly-owned subsidiary, Stratmin has arranged a …
Corona’s bid `inadequate,’ Dickenson seeks other offers
The boards of directors of Dickenson Mines (TSE) and associated company Kam-Kotia Mines (TSE) are recommending against takeover offers of the companies by Corona Corp. (TSE). Both Dickenson and Kam-Ko…
Acadia drilling
Acadia Mineral Ventures (TSE) has started a diamond drilling program on its Vermilion Lake gold property near Sioux Lookout, Ont. The drill program will test several geophysical anomalies outlined by …
WAMIC dinner
The Women’s Association of the Mining Industry of Canada, held its annual scholarships and bursaries dinner recently at the Engineers’ Club, in Toronto. Christopher Gomes, a Fourth- year student in Me…
Can Mac results from N.W.T. bet
A first phase 3,394-ft drill program has been completed by Can Mac Exploration (VSE) on the company’s Mon gold property. Located 30 miles north of Yellowknife, N.W.T., the Mon claims were originally a…
Northern Dynasty plans follow-up
Follow-up exploration is planned this year by Northern Dynasty Exploration (VSE) on its Misenkow River project in Ontario’s Pickle Lake area. A joint venture consisting of Northern Dynasty, Westfield …
Improved gold production boosts Echo Bay profit
Improved gold production enabled Echo Bay Mines (TSE) to increase earnings in 1987 to $54.4 million (US) from $48.5 million(US) realized in 1987. For the year, Echo Bay produced 585,000 oz of gold com…
New mines minister to speak at March convention of PDAC
Scheduled to make his inaugural address to the mining industry, at the 57th annual convention of the Prospectors and Developers Association of Canada (PDAC), is the newly appointed minister of Energy,…