NEWS ROUNDUP — Vior, Soquem in property deals
Three adjacent properties in the Douay area, about 20 km northeast of Joutel, Que., are the subject of agreements between Societe d’Exploration Miniere Vior (ME) and Soquem, the Quebec Crown mining ex…
News
Program to teach market investors
The Canadian Shareholders Association, a non-profit organization based in Windsor, Ont., has launched a new, 5-year program designed to teach Canadians the principles and methods for successfully inve…
Mining among key issues in Yukon election
Mining became a much larger issue in the recent Yukon election than it has been in the past, says the managing director of the Yukon Chamber of Mines. Rob McIntyre said the chamber helped raise mining…
MINER BRIEFS — Minproc, Hugo
Minproc Engineers of the U.S. and Australia and Hugo Petersen of Germany have agreed to combine their expertise and resources. Minproc will design and construct sulphuric acid plants and related turn-…
MINER BRIEFS — Stratmin mica
Stratmin (ME) reports that a university in Belgium has extracted and concentrated a mixture of muscovite-phlogopite mica from a sample taken from tailings at Stramin’s Lac-des-Iles graphite property n…
NEWS ROUNDUP — Westray inquiry is sidelined
The public inquiry into the Westray coal mine disaster has been sidelined. The Nova Scotia Supreme Court recently struck down the investigation into the May explosion in which 26 miners died. The Unit…
Green light for El Condor financing
A previously announced $7.2-million financing by El Condor Resources (VSE) recently received regulatory approval, qualifying the distribution of 1.8 million units. The company arranged the placement e…
U.S. dollar pushes gold down
Gold’s recent dip to a 6-year low of US$330 per oz. was largely a function of a strengthening of the U.S. dollar relative to other currencies, some analysts say. “In U.S. dollar terms it got pushed to…
NEWS ROUNDUP — Virginia plans Sagar drilling
A drilling program is planned for early 1993 by Virginia Gold Mines (ME) for its Sagar-III property in the Labrador trough area of Quebec. Virginia, which has increased the number of claims at Sagar, …
STOCK MARKETS — Diamond stocks hit new highs amid broad
While most issues on The Toronto Stock Exchange continued to slump during the week ended Nov. 17, shares of many of the diamond explorers headed to new highs on heavy trading. Although the search for …
EDITORIAL PAGE — Good uranium sense
There is something wonderful about individuals taking advantage of their God-given talents and strengths and using them for their own and mankind’s benefit. The same might be said about Canadian provi…
NEWS ROUNDUP — Aur drilling Joutel property
A third-phase 5,000-ft. drilling program is under way at the former producing 26-claim Joutel Copper property near Joutel, Que., Aur Resources (TSE) and Joutel Resources (TSE) report. To be tested is …