1992



Dia Met report cools speculation, raises questions

Results from a summer drilling program on the diamond property of BHP Minerals Canada and Dia Met Minerals (VSE) in the Northwest Territories fell short of market expectations when Dia Met issued an u…




Lac enters Irish zinc play with US$70-million deal

Following a global search for new prospects by its business development arm, Lac Minerals (TSE) has agreed to acquire all of Chevron’s mineral interests in Ireland for US$70 million. The property port…


Fee changes, MDA may spark Alberta exploration

Mineral exploration has suddenly become affordable in Alberta with the provincial government’s decision to temporarily waive a $10-per-hectare deposit on exploration permits. And a first-ever Minerals…


NEWS ROUNDUP — Noranda to explore Drag prospect

A recent formal agreement allows a unit of Noranda (TSE) to earn up to a 70% interest in the Drag property about 20 km north of Gold River, B.C. The Vancouver Island prospect covers an area of Paleozo…



Employees plan buyout at Balmer

Former employees of Westar Mining’s (TSE) Balmer coal mine here in the Canadian Rockies are learning all about uncertainty. To save their jobs in this picturesque town of 5,000, their union, United Mi…


LETTERS TO THE EDITOR — Reining in `pilfermania’

Perhaps Canadians can be forgiven when our masters are trying to decide how many Senators should be allowed to dance on the head of a pin; forgiven for not believing that these same esoteric philosoph…



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