Manning to speak on cost-cutting
The president of the Reform Party of Canada will discuss government cost-cutting at a joint luncheon of the Prospectors and Developers Association of Canada and the Canadian Club, March 29, at Toronto…
News
Noranda to drill York Harbour
Drills will soon begin turning on Noranda’s (TSE) York Harbour base metal property in central Newfoundland. Owned 80% by Noranda and 20% by Cumberland Resources (VSE), York Harbour is a former produci…
Yukon attaches conditions to Curragh loan guarantee
The Yukon government has attached sweeping conditions to a $29-million loan guarantee for lead-zinc-silver producer Curragh (TSE), Canadian Press reports. Conditions range from a first mortgage on ass…
NEWS IN BRIEF (March 22, 1993)
Eskay Gold Corp. (ES:VSE) has changed its name to Consolidated Eskay Gold Corp. (CKO:VSE) with a consolidation of capital on a 1-new-for-1.8-old-share basis. The transfer agent is Pacific Corporate Tr…
Strong proposes overhauling Ontario Hydro
Ontario Hydro Chairman Maurice Strong, who recently announced a major overhaul of the provincial utility, will speak at the April 29 luncheon of the Toronto branch of the Canadian Institute of Mining,…
Challenger conducts EM survey at Marshall Lake property
A surface pulse electromagnetic (EM) survey is under way on Challenger Minerals’ (TSE) Marshall Lake base metal property, 160 miles northeast of Thunder Bay, Ont. The survey is searching for the down-…
NEWS ROUNDUP — Falconbridge to appeal fines
A toxic gas leak in the Sudbury, Ont., area during the summer of 1990 has cost Falconbridge $180,000 in fines. The nickel-copper producer was convicted in a Sudbury court on six of nine counts under t…
William evaluates drilling results
A 13-hole program on the Clementine property in Grevet and Franquet Twps., about 30 km north of Lebel sur Quevillon, Que., did not intersect any significant base metal or gold mineralization, William …
Dundee, Placer in business venture with CMP, Plexus
A numbered company owned 50/50 by Dundee Bancorp (TSE) and Placer Dome (TSE) has reached agreement-in-principle with CMP Resources (ME) and Plexus Resources (TSE) to form a new company. Robert Buchan …
Miramar increases interest in Cuban projects
An additional 25% interest in two Cuban properties has been acquired by Miramar Mining (VSE) from Matlock Mining of Australia. The Vancouver junior now owns 50% of both the Hierro-Mantua copper leach …
Awards presented at Mining Week
For the fourth straight year, the Highland Valley Copper mine has been honored as British Columbia’s safest mine. The award was presented during the province’s Mining Week by Mines Minister Anne Edwar…
Drilling advances Bajo prospect
Recently completed drilling on the Bajo de la Alumbrera copper-gold project in northwestern Argentina has International Musto Exploration (TSE) confident that reserves and grade will be increased. Min…