COMMENTARY — Staying ahead in the nickel market
The year 1992 was a challenging one for Inco. Reflecting low nickel prices, the company incurred a net loss — its first in eight years. As nickel prices fell, Inco worked even harder to reduce costs …
1993
LAST BUT NOT LEAST — Huntington exploring Brett claims
A work program managed by 50-50 partners Huntington Resources (VSE) and Liquid Gold Resources (VSE) is under way on the Brett claims near Vernon, B.C. Huntington has negotiated an arrangement to acqui…
LAST BUT NOT LEAST — Environmental policy for PDAC
Responding to concerns over environmental protection, the Prospectors and Developers Association of Canada (PDAC) has urged members to comply with the environmental policy adopted by the Mining Associ…
Reed Lake sampling
Exploration is under way on two gold properties near Wawa, Ont., both of which belong to Reed Lake Exploration (ASE). At the Holdsworth property in Gorbiere Twp., northwest of Hawk Junction, work is b…
Court hears Teddy Bear application
The Ontario Court of Justice has heard the application by Teddy Bear Valley Mines (CDN) for a plan of arrangement under the Ontario Business Corporations Act. The plan seeks to: — reinstate the 430 s…
Redfern arranges $5-million financing
Further work on the Tulsequah Chief and Big Bull properties in northwestern British Columbia is being financed through a $5-million private placement through Goepel Shields & Partners. The placement i…
ODDS ‘N’SODS — Payoff at Sheep Trail
Exploring for gold is a risky business and sometimes, as when Homestake Mining sank $700,000 into a single 10,200-ft.-long exploration hole a few years ago, the gamble pays off. Thanks to a persistent…
Geophysics chair funded by mining
Subsidiaries of mining giants Inco and Teck have joined with the Natural Sciences and Engineering Research Council of Canada (NSERC) to finance a chair in exploratory mineral drilling. The geophysics …
LAST BUT NOT LEAST — Westminer kills Fenton option
Despite a winter program which yielded encouraging results, Westminer Canada has decided to terminate its option on Cache Explorations’ (ME) Fenton property near Chapais, Que. Hole 93-03, drilled to t…
Skyline in Mexico
Trenching on the Aztec project, 70% of which is owned by Skyline Gold (TSE), has outlined three high-grade copper-zinc-silver zones for reconnaissance drilling this summer. Nine trenches were complete…
Waddy plans test mining at Komis
A feasibility study by Dynatec Engineering on the Komis gold deposit near La Ronge, Sask., has been deemed positive by property-holder Waddy Lake Resources (TSE). According to the report, Komis contai…
EDITORIAL PAGE — Real potential
The term “potential” has long accompanied any discussion of the mining industry in the Northwest Territories. Over the years, that potential has only been hinted at by way of several spectacular succe…