1993

Similco shutdown caused by slump in red metal prices

The Similco copper mine in northwestern British Columbia is being forced to close, though owner Princeton Mining (TSE) describes the shutdown as temporary. The announcement came after Princeton was to…


OPINION — Separate northern status advocated

Territorial status for northern Ontario would mean northerners would be able to revive their mining and forestry industries. The multiple use of land would have to be the basis for any resource policy…



Int’l Platinum (November 08, 1993)

Toronto-listed International Platinum (IP) has reached an agreement with New Ventures Development concerning an Arizona property. The agreement, subject to due diligence, will allow IP the right to ea…


NEWS ROUNDUP — Miramar buys Con mine

Having acquired the Con underground gold mine in Yellowknife, N.W.T., Miramar Mining (VSE) ranks as one of the 15 highest-producing gold miners in Canada. The company acquired the mine from Nerco Mine…


NEWS ROUNDUP — Musto increases grades at Argentine

International Musto Explorations (TSE) reports an increase in copper and gold grades at its porphyry deposit in northwestern Argentina. The announcement follows the re-analysis of 4,200 samples from t…


Rea reviews Bissett mining potential

With the gold market having picked up, Rea Gold (TSE) is assessing the former-producing Bissett property in Manitoba. Kilborn Western and Tonto Mining will assist in the pre-feasibility study, the foc…


Tintina buys rest of Yukon property

Tintina Mines has bought the remaining half interest in the Red Mountain molybdenum property from Amoco Canada Petroleum. The deposit, 50 miles northeast of Whitehorse, Y.T., is now wholly owned by th…


Waddy wins approval to bulk-sample Komis

Toronto-listed Waddy Lake Resources has won provincial approval to carry out bulk sampling at its Komis gold deposit in northern Saskatchewan. To establish vertical and lateral grade continuity, the c…


Freeport ponders Grasberg expansion

By year-end, Freeport-McMoRan Copper & Gold (NYSE) expects to decide whether or not to continue with mill expansion at its copper-gold mines in the Indonesian province of Irian Jaya (also known as Wes…


Hall of Fame nominees number 19

Nineteen nominees have been proposed for induction into the Canadian Mining Hall of Fame in 1994. The names of the inductees will be announced before the end of the year, with the induction ceremony s…



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