News

FINANCING (December 27, 1993)

Azco Mining — 3.2 million shs issuable upon the exercise of 3.2 million special wts @ $2.25 per special wt. Cambior — US $5.5 million units, each unit consisting of one common sh and one-half common…



Platinum supply to top demand

Supply for platinum is expected to have exceeded demand in 1993, reports Johnson Matthey. In its Platinum 1993 Interim Review, the metals fabricator says demand this year is expected to have expanded …


Despite obstacles Ontario attracting miners

In spite of high taxation rates, compensation costs and land tenure and access problems, Ontario is still an attractive place to mine minerals. That was the message delivered at a Mineral Development …


ODDS’N’SODS — Northern `Diamond Queen’ (2)

Editor’s note: The author concludes his stories about Sophie May Ryan, dubbed “the North’s fabulous Diamond Queen” in a 1952 obituary in a weekly newspaper in The Pas, Man. The Diamond Queen ran the r…


OBITUARY — Kervin McDonough

A prospector for 49 years, Kervin McDonough has died at his St. Catharines, Ont., home. He was 70. A member of the McDonough clan of explorationists, he worked in Ireland, the U.S. and extensively thr…


BOOK REVIEW — Western wandering

Wilderness Wandering on Vancouver Island, by Walter Guppy. Published by Grassroots Publication, P.O. Box 94, Tofino, B.C. V0R 2ZO. 136 pages. $12.95 in book stores; $15 postpaid from publisher. The bo…


Funding available in New Brunswick

A new mineral resource policy will provide $200,000 for geoscience investigation in New Brunswick. The provincial government said the funds are intended to help the private sector in its mineral explo…






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