Shoal Lake project study can proceed
A feasibility study on the Shoal Lake gold property of Kenora Prospectors and Miners (CDN) near Kenora, Ont., has been given the green light. Ontario Environment Minister Ruth Grier recently announced…
News
FINANCING (February 01, 1993)
Copperstone Res. Corp. — 1,500,000 shs. @ 17 cents per shs.
NAFTA and the mining industry
The North American Free Trade Agreement (NAFTA), to take effect Jan. 1, 1994, will present the mining industry worldwide with a unified market with common external tariffs. The three NAFTA partners –…
New incentive program for Ontario in the works
A major government incentive program for Ontario’s mineral exploration industry is being proposed for implementation. John Gammon, deputy minister of Ontario’s Ministry of Northern Development and Min…
Regal uncovers small diamond
While running preliminary bench scale tests on material taken from its A-4 kimberlite pipe near Kirkland Lake, Ont., recently, Regal Goldfields (CDN) recovered one gem-quality macrodiamond. The small …
Drilling continues at Huckleberry
Drilling on the Huckleberry property near Kemano, B.C., recently resumed; 22 holes totalling 10,000 ft. are planned. New Canamin Resources (VSE) is earning a 100% interest in the property from Kenneco…
EDITORIAL PAGE — Big project, big money
New mining developments are getting larger and larger as the years advance. While some might qualify as gigantic, colossal and even leviathan, few, if any, have been described as “megaprojects.” That …
LETTERS TO THE EDITOR — Rebuking `distorted’ view of
The column by outgoing publisher emeritus M.R. Brown “Carrying aboriginals costly” (T.N.M., Dec. 28/92) was like a last gasp from a relic of a bygone era, a roar from the past from a fading dinosaur. …
GOLD FUNDS (February 01, 1993)
Gold Funds as of Jan. 26 BGR Central Net Value $8.06 $5.12 Price $5.88 $4.50 Discount 27.14% 12.1% Value $45,164,000 $75,709,350…
TSE SHORT POSITIONS (February 01, 1993)
Semi-monthly reports as of Jan. 15, showed 37,140,692 shares of 570 issues compared with 36,526,778 shares of 601 issues on Dec. 31. Larger individual positions included: Adex Mng. 71,500, up 71,500; …
Neighboring Greenwood property subject of Britannia
The historic Greenwood mining district of southern British Columbia is providing an exploration focus for Britannia Gold (VSE). The junior recently entered into an agreement to acquire the Richmond Lo…
Ariel’s gold output growing
Production of 10,186 oz. gold was reported by Ariel Resources (VSE) for the fiscal year ended Sept. 30, 1992. Ariel operates the Tres Hermanos mine in Costa Rica. Processing occurs at the company’s Ma…