Abacus eyes Niblack play
The Niblack volcanogenic massive sulphide project in southeastern Alaska has caught the eye of Abacus Minerals (VSE), which has entered into two separate agreements to acquire a 100% interest. The 185…
1995
SME features global mining
If the 124th annual meeting and trade show of the Society for Mining, Metallurgy and Exploration had to be summed up in a word, it would be “variety.” More than 5,300 people attended the recent event …
Cons. Nevada finds zone at Aurora
Reverse-circulation drilling at the Aurora gold mine in Nevada is returning ore-grade mineralization over large widths. Consolidated Nevada Goldfields (TSE), in an attempt to define the eastern extens…
Two rigs at San Fernando
By adding a second drill rig to the San Fernando gold property in west-central Mexico, San Fernando Mining (TSE) has intensified exploration and predevelopment work. The $2-million program will consis…
Canadian record in raise boring
Raise bore crews of Thyssen Mining Construction of Canada have set a Canadian record. The site of the feat was the Trout Lake mine in Flin Flon, Man., belonging to Hudson Bay Mining and Smelting. A 16…
CLAIMS in Kirkland Lake
The mining recorder’s office in Kirkland Lake, Ont., has become the ninth provincial site to offer electronic access to information on mining claims. This has been made possible by the expansion of th…
Eritrea welcomes foreign investment
The government of Eritrea is hoping a new mining policy and investment law will help open up this Horn of Africa country to foreign investment. A delegation of Eritreans attended the recent convention…
Echo Bay in black despite lower output
Despite lower production levels, Echo Bay Mines (TSE) managed to turn a profit in 1994. The company earned US$8 million (or 7 cents per share), compared with US$3.6 million (or 3 cents per share) in t…
B.C. regulators launch hearing
The British Columbia Securities Commission (BCSC) has suspended trading in VSE-listed Beauchamps Exploration and Beaufield Consolidated Resources while it continues an investigation into the affairs o…
Geomaque to up San Fran output
Having increasing reserves at the San Francisco gold project in Mexico, Geomaque Explorations (TSE) now intends to expand production. Last year, the company increased minable proven and probable reser…
INVESTMENT COMMENTARY — Tiomin viewed as having upside
Allan Ferry, research analyst for Toronto-based Thomson Kernaghan & Co., believes Tiomin Resources (ME) is well positioned to develop its Natashquan heavy mineral sands project in Quebec. Tiomin is al…
EDITORIAL PAGE — Thumbs up for diamond mines
Anyone who has flown in Canada’s North has probably picked up a copy of Above & Beyond, the in-flight magazine published for Inuit-owned First Air. The glossy publication is unabashedly bullish on min…