Lockout in force at Myra Falls mine
A lockout notice was delivered recently by Westmin Resources (TSE) to 364 unionized employees at its Myra Falls mine near Campbell River, B.C. Westmin said protracted negotiations with Canadian Auto W…
News
ASE requests fire assays of Focal drill samples
The Alberta Stock Exchange has requested that Focal Resources (ASE) retain a Canadian laboratory to fire-assay core from ongoing drilling on a metallic mineral lease in northeastern Alberta. The compa…
NEWS ROUNDUP — Compensation board rules on Casamiro
The Expropriation Compensation Board has determined the amount of compensation to be awarded to Casamiro Resource (VSE) and two private co-claimants for their interests in 19 Crown-granted mineral cla…
NEWS ROUNDUP — Excellon ups Tombstone interest
An agreement has been reached allowing Excellon Resources (VSE) to buy Valdez Gold’s (ASE) interest in the Tombstone gold-silver project in Arizona. In return, Valdez will receive up to three million …
INSIDER TRADING — Aur insider sells into rally
As the operator of a developing mine and — to add speculative appeal — a major participant in the Northwest Territories diamond hunt, Aur Resources (TSE) has been climbing in price on the Toronto St…
Bethlehem leases Poison Mountain
Copper-miner Bethlehem Resources (TSE) recently reached an agreement-in-principle with Lac Minerals (TSE) to lease (with an option to purchase) the Poison Mountain copper-gold-molybdenum property nort…
ODDS’N’SODS — One heck of an engineer
In 1956, while working in Elliot Lake, Ont., I met Jack Mitchell, an engineer from the Algom Nordic operations. Little did I realize how our paths would cross and how close our friendship and associat…
Kimball to chair Colorado group
The Colorado Mining Association recently elected Kit Kimball to the position of chairman. Kimball is the first woman to be elected to the top leadership position of the association in its 117-year his…
PEOPLE — CONNECTICUT DEVELOPMENT (May 03, 1993)
Lynford Pearson appointed director.
PEOPLE — COAL ASSOCIATION OF CANADA (May 03, 1993)
Donald Downing appointed president.
Mineral programs axed under new federal budget
Under the recent federal budget, Ottawa will no longer renew federal-provincial Mineral Development Agreements (MDAs) when they expire. The decision is part of the government’s plan to reduce spending…
LaRonde yields more high-grade
Underground drilling on Zone 20 at the LaRonde mine in northwestern Quebec continues to yield encouraging results for Agnico-Eagle Mines (TSE). Hole 20-103, drilled 200 ft. below a previous high-grade…