NO HEADLINE (February 08, 1993)
Stewart Jackson appointed president.
News
EDITORIAL PAGE — Trade and trade wars
While we don’t pretend to understand all of the intricacies of the international trade and tariff game, it seems strange that in this era of “freer trade,” expressions such as “trade war” and “dumping…
Kennecott launching major diamond exploration program
By the time Kennecott Canada wraps up its 1993 diamond exploration program in the Northwest Territories, the company will have trimmed its landholdings significantly, says President John Stephenson. “…
St Andrew focuses on West zone
Since opening its Stock Twp. gold mine near here in July, 1989, St Andrew Goldfields (TSE) has been fighting an uphill battle against low gold prices and a severe shortage of cash. With the recent min…
More about diamonds (February 08, 1993)
Canadian mining companies are involved in the search for diamonds both at home and abroad: N.W.T. and Alberta — Minerais Barexor (ME) and Nevsun Resources (VSE) have reached an agreement whereby Nevs…
Mining supports Science World
British Columbia’s mining industry is once again supporting Science World’s efforts to raise funds for the development of new exhibits. The Mining Association of British Columbia is sponsoring third p…
Rayrock offer
Rayrock Yellowknife Resources (TSE) has extended, until Feb. 8, the deadline for acceptance of an offer to holders of Rayrock’s $24.5 million 7.5% convertible subordinated debentures. Terms of the off…
Brunswick options PGE property
PGE Resources (ASE) has optioned its Devil’s Pike gold property in the Annidale area of New Brunswick to Brunswick Mining and Smelting (TSE). Under the agreement, Brunswick has 45 days to examine the …
Virginia begins drilling program
A drilling program is under way at the SAGAR-III gold-uranium property in the Labrador trough area of Quebec, Virginia Gold Mines (ME) reports. Aim of the program is to confirm the presence of one or …
KWG finds diamonds at Bucke
Another kimberlite pipe in northeastern Ontario has yielded diamonds for its new owners. Having taken a 25-tonne sample from the Bucke kimberlite pipe near New Liskeard, Ont., partners KWG Resources (…
Bonfortel drilling is encouraging
Drilling at the Bonfortel copper-zinc-silver prospect near Joutel, Que., intersected volcanogenic sulphide mineralization, Consolidated Bonanza Metals (ASE) and Forbex Resources (ME) report. Five hole…
PROFILE — Metall’s Zeitler plans mining province around
The Northwest Territories, which provides a new frontier for mineral exploration and development, has attracted an increasing number of companies to place their bets there. Metall Mining, for one, is …