Cream Silver loses appeal
The British Columbia Court of Appeal recently ruled that Cream Silver Mines (VSE) is not entitled to compensation for the loss of its rights to explore and develop mineral claims in Strathcona Park on…
News
Possible stratabound gold uncovered in Nova Scotia
A new type of gold occurrence which could have mine-making potential for Nova Scotia has been discovered by a private company Tri-Explorations of Halifax. Mineralization from a strongly carbonitized u…
PEOPLE — DESERT GOLD RESOURCES
William Trimble appointed director.
PEOPLE — THERMAL EXPLORATION
Dale Corman appointed president and chief executive officer; Hugh Harbinson appointed vice-president, corporate development; Charles Page appointed vice-president, exploration.
New gold market
The International Gold Trade. By Tony Warwick-Ching. Published by Woodhead Publishing, Abington Hall, Abington, Cambridge, England CB1 6AH. US$150 (plus US$20 for postage and packaging). New markets a…
TSE SHORT POSITIONS (February 22, 1993)
Semi-monthly reports as of Jan. 31, showed 51,149,175 shares of 567 issues compared with 38,018,192 shares of 571 issues on Jan. 15. Larger individual positions included: Adex Mng. 0, down 71,500; Ame…
COMMENTARY — Foreign borrowing grows
Our nation’s financial condition — as represented by unsustainable trends of both government and foreign debt — clouds the immediate recovery prospects. And if not corrected, these debts will stunt …
Work planned for Doromin prospects
A drill program by Inco (TSE) will test a barite and coincident geophysical anomaly as well as further test the main showings on the Cimadoro property on the Queen Charlotte Islands, B.C. Inco is oper…
GUEST COLUMN — As ye sow, so shall ye reap
Prospectors are optimists. They work on hope and hunches, on experience and faith. But despite the prospector’s solitary image, he seldom works alone. Behind the scenes are those who also have faith -…
Curlook receives Benefactor Award
Honored for his long-time involvement in Cambrian College, Walter Curlook became the first Canadian to receive a Benefactor Award from the U.S.-based National Council for Resource Development. Curlook…
AMC honors mining executive
The seventh annual Distinguished Service Award was recently presented to George Atwood by the American Mining Congress (AMC). Atwood is often cited for his business leadership and outstanding work in …
Slight increase in 1992 value of Canadian mineral output
The total value of Canada’s mineral production in 1992 increased by 0.6%, or about $200 million from the 1991 level, the federal department of Energy, Mines and Resources reports. Preliminary estimate…