Newhawk drilling tests Gossan Hill
Toronto-listed Newhawk Gold Mines has returned high-grade gold values from several targets on its Sulphurets property, north of Stewart, B.C. So far, 25 holes totaling 10,600 ft. have been drilled on …
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EDITORIAL PAGE — The cost of complacency could be your job
When Prairie farmers suffer a devastating drought, the House of Commons immediately erupts. The federal government cannot say enough nor do enough to calm opposition critics. Usually, the net result i…
LETTERS TO THE EDITOR — Ministry moving on closure plans
I would like to express my concern with some of the statements contained in “Green revolution spawns expensive red tape” (T.N.M., Aug. 30/93) by Jack Dupuis. Ontario has moved a long way during the pa…
IN BRIEF — New zinc plant cuts emissions
A new zinc pressure-leach plant is operating at Hudson Bay Mining & Smelting’s facilities in Flin Flon, Man. The plant, which can produce 104,000 tons of slab zinc per year, uses technology developed …
IN BRIEF — Cameco continues Trev option
Having finished a $225,000 exploration program, Cameco (TSE) has elected to continue its option agreement with Trev (ASE) in the Stewart camp of northwestern British Columbia. Cameco will continue to …
FirstMiss goes underground at Getchell gold operation
Underground developers are gearing up at the Getchell mine in Humboldt Cty., Nev. FirstMiss Gold (NASDAQ) started open-pit, heap-leach operations in 1985 and constructed a mill to process open-pit, su…
LETTERS TO THE EDITOR — The difficulty of pricing a stock
Regarding the letter “Beware of pessimists, investors warned” (T.N.M., Sept. 6/93), certain comments were made by the author which warrant a response. It is clear from the comments and numbers that Wa…
METAL PRICES — FREE MARKET (October 18, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Oct. 12 Oct. 11 Oct. 8 Oct. 7 Oct. 6 Copper 1679-1680 1684-1685 1673-1674 1674-1675 1672-1673 Lead 399-400 374-375 370-371 365-366 360-3…
Task force to review OSC’s policy-making powers
Ontario’s Ministry of Finance and the Ontario Securities Commission (OSC) are setting up a joint task force to review the OSC’s policy-making powers. The task force, which will consult with interested…
Haste, Murphy’s Law contributed to Summitville’s demise
Several post-mortems on the Summitville gold mine have concluded that its ultimate demise ensued from a cascading chain of smaller failures which began well before Galactic Resources (TSE) commissione…
Cyprus-Lac partnership wins bid for El Abra project
In the largest foreign investment project in Chile’s history, joint-venture partners Lac Minerals (TSE) and Cyprus Minerals (NYSE) have beat out eight competitors for the right to buy a 51% stake in t…
LETTERS TO THE EDITOR — Planned DHK bulk sample an
In “Economic pipes indicated at BHP-Dia Met project” (T.N.M., Sept. 27/93), you write of the BHP-Dia Met group’s apparent decision not to proceed with any further testing of the Point Lake discovery a…