News



LETTERS TO THE EDITOR — Economic recovery needs

Today, the WNW Prospecting Syndicate, a venture funded by the Ontario Prospectors Assistance Program, began stripping overburden from a showing in the Geraldton, Ont., gold area. The Ministry of Natur…


Dignitary to showcase Australia at CIM lunch

Globe-trotter Sir Arvi Parbo will give a talk on Australia’s minerals industry at an Oct. 22 luncheon in Toronto’s Royal York Hotel. His speech will address such topical issues as land rights, sustain…


Kookaburra lands Ecuador property

Adding to a portfolio of copper-oxide properties, Kookaburra Gold (VSE) reached an agreement with AG Armeno Resources (VSE) to acquire up to a 65% interest in the Chaucha copper project in Ecuador. Ko…



NEWS ROUNDUP — Deak exercises Yorbeau option

Having completed mill tests on 6,000 tons of ore to confirm grade and recovery, Deak Resources (TSE) says it will exercise its option to acquire the Astoria deposit in northwestern Quebec from Yorbeau…



NEWS ROUNDUP — Northgate buys back debentures

Under an offer to repurchase its debentures, Northgate Exploration (TSE) announced that $11,553,000 (84%) of its 7% convertible subordinated debentures have been tendered. Under the offer, Northgate p…


ON THE LEVEL — Ontario Hydro needs a Bill James

Ontario Hydro, that giant Crown-owned utility, is creating quite a headache and dilemma for Falconbridge Ltd., its largest buyer of industrial electricity. The big mining firm, suffering from what it …




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