1993

Base metal prices tied to economic recovery

If the economic recovery does not gather more momentum in 1993, it appears unlikely that base metal prices will show much improvement over their depressed 1992 levels. After sharp drops in October and…


New Canamin drilling to resume

Drilling is expected to resume on the Huckleberry porphyry copper property near Kemano, B.C., this month. The drilling will complete the planned 1992 program which was recently suspended because of he…


Teck buys shares of Northern Crown

A planned private placement of 770,000 shares at 65 cents each will give Teck (TSE) an initial 15.5% holding in Northern Crown Mines (VSE). The placement includes warrants to purchase an additional 95…


Flag litigation

Calgary-based Flag Resources (1985) (ASE) says it is proceeding with litigation against RBC Dominion Securities Inc. and M.D. Management Ltd. over the trading of its shares early in December.



Challenger cuts sulphides at Marshall Lake

Several massive sulphide intersections have been reported by Challenger Minerals (VSE) on its Marshall Lake base metal property 150 miles northeast of Thunder Bay, Ont. In a recently completed program…


Tunnelling method a legacy of the Cold War

It’s hard to believe there could be a connection between intercontinental ballistic missiles and hard-rock mining. But there is. The Cold War era saw an unprecedented amount of effort and hard cash di…


NEWS IN BRIEF (January 04, 1993)

Avondale Resources Inc. (AVD:VSE) has changed its name to Portman Explorations Ltd. (PXL:VSE) with a consolidation of capital on a 1-new-for-10-old-share basis. The transfer agent is Pacific Corporate…




1992 — A LOOK BACK — Overseas projects

More and more, Canadian miners are involving themselves in projects abroad. Trips outside the country this year by staff members of The Northern Miner included to Mexico, Miami, South Dakota, Alaska, …



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