Mine yard scrap proves valuable
At the South mine of Inco near Sudbury, Ont., what began as scrap in the muck has evolved into big bucks in the backyard. Armed with only a suspicion and the co-operation of their fellow miners, suppl…
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Zappa drills Ponce Enriquez in Ecuador
Drilling by Zappa Resources (VSE) has uncovered widespread, low-grade gold mineralization at the Ponce Enriquez project in southwestern Ecuador. Work to date has focussed on two gold zones, the Guadal…
Shareholder boosts stake in Nuinsco
Private Bahamian corporation Wincro has acquired an additional 600,000 shares of Nuinsco Resources (TSE) at 50 cents each. The purchase, from a group of Nuinsco shareholders, increases Wincro’s intere…
OBITUARIES — Former editor John Carrington spent 44 years at
A former editor of The Northern Miner, John W. Carrington, passed away Jan. 20 in Toronto after a long illness. He was 81. Carrington, who devoted his entire career of 44 years to the weekly newspaper…
Cepeda, Cominco subsidary carry on down south
Partners Cepeda Minerals (VSE) and Cominco Resources International (TSE) intend to continue exploring for gold properties in South Carolina. Since its inception in 1990, the equal partners have spent …
METAL PRICES — FREE MARKET (January 30, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 24 Jan. 23 Jan. 20 Jan. 19 Jan. 18 Copper 3044.5-3045.5 3032-3033 3050-3051 3055-3056 2973-2976 Lead 687-688 692-693 689.5-690.5 67…
Ecudor drilling at McWatters property
A 40-hole, 3,000-ft. drilling program at the McWatters gold project near Rouyn-Noranda, Que., is near completion. Societe Miniere Ecudor (ME) says more than 80% of the holes drilled to date intersecte…
NEWS ROUNDUP — Echo Bay buys Etruscan shares
Denver-based Echo Bay Mines (TSE) intends to buy 192,308 common shares of Etruscan Enterprises (VSE) at $2.60 per share. Proceeds of $500,000 will be used by Etruscan to explore the Koma Bangou gold p…
NEWS ROUNDUP — Northgate settles Colomac suit
Toronto-listed Northgate Exploration has settled a class action suit filed in the U.S. in 1991. The corporation, along with four of its senior officers, was named in the suit, which alleged violations…
Tri Origin expands Aussie ground
Junior Tri-Origin Exploration (TSE) has formed a 50-50 joint venture with an Australian company to explore ground in New South Wales. The joint venture has applied for seven exploration leases coverin…
Cambiex exploring Polo Sur property in northern Chile
Results from the Polo Sur copper property in northern Chile have been released by Cambiex Exploration (ME). More than 20 trenches were excavated along a regional trend of copper mineralization. The hi…
ODDS’N’SODS — The gentle mining giant
To say that Chris Christiansen was big would be an understatement. Chris was huge. In an age when size and strength were the key to the labor marketplace, this Swede had outstanding credentials. I fir…