News

EDITORIAL PAGE — The restrictions grow

Some rules are required to make life bearable for all but it almost goes without saying that if you make the regulations too restrictive, the activity — business, sporting or whatever — is bound to …


McKnight leads Asian trade delegation

A Canadian business delegation led by Energy, Mines and Resources (EMR) Minister William McKnight is currently visiting Thailand, Korea and Japan. “These countries are important trading partners for C…


LETTERS TO THE EDITOR — Comparison not justified

In a recent article (T.N.M., Feb. 15/93) concerning the initial results obtained from the Outlet Bay diatreme, a comparison was made between the discovery of a microdiamond from this location and the …


Kennecott adds to coal assets

Fresh from its anouncement of the acquisition of Nerco (NYSE), Kennecott says it has agreed to purchase Cordero Mining Co. which operates a low-sulphur coal mine in Wyoming’s Powder River Basin. Nerco…


MSV makes Chibougamau mining plans

The mining assets of Westminer Canada, including the Copper Rand and Portage mines and the 3,000-ton-per-day concentrator in Chibougamau, Que., have been purchased by MSV Resources (ME), which wants t…



EDITORIAL PAGE — Time to call it a day

We may never know what finally persuaded Prime Minister Brian Mulroney to announce his resignation, but we hope it had nothing to do with the current languishing conditions of the mining industry. Fir…


Tiomin produces first concentrate

Clearing the first hurdle in a feasibility study on its Natashquan deposit in Quebec, Tiomin Resources (ME) has produced a clean concentrate of heavy minerals, including iron, ilmenite, zircon and gar…


COMMENTARY — Better markets anticipated

Looking at stock market performance during the past two years, the trend, in technical terms, could best be described as a sideways correction: the TSE 300 index ran up strongly in late 1990 from the …


OBITUARY — Paul E. Young

A former mining engineer with Rio Algom Ltd., Paul Young, died recently at Waterloo, Ont. He was 85. After graduating from the Michigan College of Mining and Technology in 1931, Young commenced a leng…


Fairfield ships more gold ore

A second shipment of high-grade gold ore containing a minimum 6,560 oz. gold was made by Fairfield Minerals (TSE) to Noranda’s Horne smelter in Eastern Canada. Fairfield has so far shipped a total of …


NovaGold resumes drilling program

A 1,500-metre drilling program is under way at its Sears Lake and Sewell Brook properties in northern New Brunswick, reports operator NovaGold Resources (TSE). The program is financed by Kennecott Can…


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