Detector drilling at Pistol Lake
Diamond drilling has begun on Detector Resources’ (ASE) Pistol Lake gold project, 90 km west of Thunder Bay, Ont. The 1,300-metre, 6-hole program will attempt to define the downdip extension of the Co…
News
Minieres du Nord to drill Isle-Dieu
Montreal-listed Explorations Minieres du Nord has drafted an exploration program for its Isle-Dieu gold-copper property near Matagami, Que. Thirteen holes totaling 2,380 metres will be drilled on the …
PEOPLE — CYPRUS AMAX COAL (January 02, 1995)
Donald Hudson appointed senior vice-president of development (special projects); W. Hart appointed senior vice-president for eastern coal operations; William Ivy appointed vice-president and general m…
Minprotech active in Tanzania, Indonesia
AGL Gold Mining, a wholly owned subsidiary of Minprotech Mining (ASE), has entered into a joint venture agreement with United Kingdom-based African Gems. The latter will contribute to the former certa…
COMMENTARY — Copper market holds its own
There is no question that the copper market this year has benefited from the strong underlying level of demand, particularly from North America where, following two years of strong growth, the consens…
Cottonbelt interests Bethlehem, Goldnev
The joint owners of the Goldstream mine can earn a half interest in the Cottonbelt massive sulphide property of CanQuest Resource (CDN). Both properties are in British Columbia’s Revelstoke district. …
METALS COMMENTARY — Demand for metals remains buoyant
Significantly, the industrial sector scheduled more work days this holiday season than is normally the case at Christmastime. The reason? Demand for many metals is exceptionally buoyant, with prices h…
EDITORIAL PAGE — The Sword or the Shield?
The North American mining industry should put down its shield and take up its sword when it comes to excessive environmental regulations, according to several industry experts who spoke at the recent …
Cons. Bonanza buys gold mine in Mozambique
Alberta-listed Consolidated Bonanza Metals (ASE) will buy a gold mine in Mozambique and undergo a name change. In addition to acquiring the producing Monarch gold mine near Manica, Bonanza will gain c…
Northern Platinum takes on Wellgreen
Junior Northern Platinum (VSE) has been granted a 1-year extension on an expenditure deadline on the Wellgreen property in the Yukon. The company now has until Nov. 30, 1995, to spend $200,000 on expl…
Commodity index continues advance
The commodity price index of The Bank of Nova Scotia advanced 3.7% in November, 1994, representing an 8% increase over the same period in 1993. Surging metal and mineral prices, together with smaller …
1994 A LOOK BACK — Metall parent sold shares
The German parent of Metall Mining (TSE) sold its 50.1% interest in the Toronto-based company, which has mining projects around the globe. Metallgeschellschaft AG, experiencing financial difficulties …