PEOPLE — EDEN ROC MINERAL
Hermann Derbuch appointed senior vice-president and chief operating officer. N5…
News
Windy, Cochise complete MacLeod program
Toronto-based juniors Windy Mountain Explorations (ASE) and Cochise Resources (ASE) have recently completed a joint exploration program on their MacLeod Lake polymetallic project and the adjacent East…
Dia Met estimates diamond `resource’
A report accompanying an application by Dia Met Minerals (TSE) for listing on The Toronto Stock Exchange reveals that an estimated 80 million tons grading 63 carats per 100 tons have been outlined wit…
CIM luncheon, MNDM symposium
Guest speaker at the Dec. 7 luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum’s Toronto Branch will be Lars-Eric Johansson. Currently senior vice-president and chief financ…
U.S. ROUNDUP — Silver Butte updates reserves
The Silver Butte mine property in eastern Oregon is now estimated to contain total reserves of 601,758 tons grading 3.06% copper, 2.06% zinc, with 0.037 oz. gold per ton and 1.08 oz. silver. The updat…
Royalty in works for Nufort project
Similco Mines, a subsidiary of Princeton Mining (TSE), has informed Nufort Resources (TSE) that it intends to begin mining operations on a small portion of Nufort’s Copper Mountain property in souther…
Teck options Montgay prospect
A formal agreement to earn a 51% interest in the 38-claim Montgay property about 55 km northeast of Val d’Or, Que., has been signed by Teck (TSE) with Ressources William (ME). Teck may earn its intere…
NEWS ROUNDUP — Hemlo forgives Windarra loan
Toronto-based Hemlo Gold Mines (TSE) has agreed to forgive most of a $8.9-million loan made to Windarra Minerals (TSE) in 1988. The junior will repay Hemlo $1 million. Windarra used the loan to financ…
Ontario discusses new industrial policy
The framework for Ontario’s new industrial policy was the topic of discussion at a recent lunchtime gathering of the Toronto Society of Financial Analysts. Ed Philip, minister of Industry, Trade and T…
LATIN AMERICAN ROUNDUP — Teck a partner in Boron venture
A private placement and joint venture agreement with Teck (TSE) could lead to a significant expansion of boron production at existing operations in Chile and Bolivia, Boron Chemicals International (VS…
Tan Range active in Tanzania
Calgary-based Tan Range Exploration (ASE) is acquiring several exploration concessions in Tanzania through its subsidiary, Tan Can Mining. To date, the company has received approval for diamond conces…
Drilling tests discovery at western Fors prospect
The share prices of Consolidated Ramrod Gold (TSE), Chapleau Resources (VSE) and Barkhor Resources (VSE) held firm even though assay results were not as good as expected from the first hole drilled on…