EDITORIAL PAGE — Sustaining the growth
Canadian exploration spending is on the rise, but before our politicians get too excited and start taking credit for the turnaround, it should be pointed out that this surge in spending probably has m…
News
Summo hopes to prove copper play is a champ
Drilling will soon begin at the Champion copper oxide property in Taos Cty., N.M.Summo Minerals (VSE) plans to complete a 12-hole program of reverse-circulation drilling to test an area around, and al…
Ascot hits gold near Harp Lake
Exploration work in the Harp Lake area of Labrador has turned up gold mineralization for Ascot Resources (VSE).The company made the discovery within a diorite sill on its wholly owned claims near Shap…
MIM backs out of joint venture
MIM Holdings has informed Yamana Resources (TSE) that it is withdrawing from the entire Neuquen joint venture in Argentina. Drill results fell short of the former’s expectations.Yamana nevertheless re…
Canpotex to ship potash to China
The offshore sales agency for Saskatchewan potash producers, Canpotex, will supply up to 1 million tonnes of the substance to China. Canpotex receives nearly 58% of its potash from Potash Corp. of Sas…
ODDS’N’SODS — Manitoba’s mining past
A good way to start an argument with a prospector is to tell him you are certain as to when the first mine in a province was discovered. Nine times out of 10, there will be a difference of opinion. Vi…
GSC colloquium will shed light on Canadian types of mineral deposits
The next Minerals Colloquium of the Geological Survey of Canada, scheduled for Jan. 22-24, 1996, will focus on current concepts of Canadian mineral deposit types.The theme is expounded in the compendi…
Zinc sales to be reviewed by U.S. Congress
The U.S. Congress has called for a review of sales of zinc from the National Defense Stockpile, reports the American Zinc Association (AZA).Representative Herbert Bateman, chairman of the House subcom…
Meetings (October 30, 1995)
MEETINGSNov. 6, Continental Pacific Nov. 6, Minprotech Nov. 6, Teryl Nov. 7, Trivalence Nov. 8, Auspex Gold Nov. 8, Gold Giant Nov. 8, Huronian Nov. 8, Pacific Mariner Nov. 9, Reigate Nov. 9, Wedgewoo…
Barrick boosts mine revenues
Holders of Barrick Gold (TSE) shares got a smaller slice of a bigger pie this year as 9-month earnings increased to US$214.2 million from US$184.1 million in the same period last year, and earnings pe…
Drilling completed at Prairie Creek
This year’s drill program at the Prairie Creek project west of Yellowknife, N.W.T., added 1.25 km to the strike length of the zone 3 vein, extending the deposit northward to 2.1 km.San Andreas Resourc…
The dark days may be over for Russian copper industry
Plagued, in recent years, by a lack of investment caused by political upheaval, the Russian copper industry now appears to be recovering.A report co-authored by the Metal Bulletin Research (MBR) and R…