BHP, Canyon in Montana
NASDAQ-listed Canyon Resources will allow BHP Minerals International Exploration (NYSE) to explore some 900,000 acres of its properties in western Montana. BHP can earn a 51% interest in the propertie…
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BOOK IN REVIEW — The mines of Red Lake
The Gold Mines of Red Lake, Ontario, Canada, written and published by D.F. Parrott, 204-120 South Cumberland St., Thunder Bay, Ont. P7B 5R7. Printed by Derksen Printers, Steinbach, Man. Hardcover, 256…
DIAMND NEWS ROUNDUP — Sampling results reported from
Vancouver-listed Trade Winds Resources has received initial diamond recovery results from limited sampling of three widely spaced drill holes on the Drybones Bay kimberlite pipe near Yellowknife, N.W….
STOCK MARKETS — Western markets take breather after diamond
Western markets cooled somewhat over the report period ended April. 11, following the recent diamond-related run-up. The Vancouver Stock Exchange resource index slipped 24.56 points to finish at 1,216…
Jordex teams with Barrick
A joint-venture agreement between Barrick Gold (TSE) and Jordex Resources (TSE) enables the former to earn a 60% interest in nine gold properties in eastern Bolivia. To do so, Barrick must spend up to…
St. Andrew files creditors’ plan
A formal “plan of arrangement” has been filed by St. Andrew Goldfields (TSE) in the Ontario Court of Justice (General Division) pursuant to the Companies’ Creditors Arrangement Act. The plan calls for…
Curator releases Boleo results
Drill results have been released from the Boleo copper-cobalt project in Baja California Sur, Mexico. In carrying out the 31-hole, 2,413-metre program, International Curator Resources (TSE) extended t…
Fosters plans second program
A second drilling program is planned for June at the Devil’s Pike gold project in New Brunswick. Fosters Resources (ASE) has drilled 16 holes representing 3,450 ft., which tested two vein systems in t…
PEOPLE — MORRISON KNUDSEN (April 17, 1995)
Robert Tintsman appointed president and chief executive officer.
Imperial teams with Sumitomo
Development work is being accelerated now that financing is at hand for the Mount Polley copper-gold project in central British Columbia. Imperial Metals (TSE) reached an agreement with Japan-based Su…
INVESTMENT COMMENTARY — Merger expected to boost Granges
With the merger between Granges (TSE) and Hycroft Resources & Development (TSE) now approved, Yorkton Securities sees upside in the combined company. “Very simply, the merger unites cash on one side w…
LETTER TO THE EDITOR — Ensuring the industry’s future
I must respond to Bryan Lee’s unwarranted attack (“Keep mining in Canada, but at what cost?”, T.N.M., April 3/95) on the Canadian mining industry, in which he states that mining “has not been environm…