Decline of mineral reserves a major concern
The outlook for sustained production of many of Canada’s metals is gloomy, says a recent report by Energy Mines and Resources Canada. Seven metals — copper, nickel, lead, zinc, molybdenum, silver and…
News
Izok Lake incentive — Metall acquiring control of Minnova
The opportunity to secure control of the Izok Lake base metal deposit in the Northwest Territories was one of the main incentives behind Metall Mining’s (TSE) offer to purchase a controlling interest …
Jena financing for Trillion
First closing for more than $1.5 million on a 10% convertible debenture was recently completed by Trillion Resources (ASE). The company says the funds will be used to complete its investment for a 50%…
Greenland rewrites regulations governing mining development
This vast island, with its interior ice cap and coastal fringe of bare, prospective rock is open for business — the mine exploration business in particular. In co-operation with the senior Danish gov…
Scholar repudiates progress opponents
Keynote speaker at the Mining Industry Communications Workshop Oct. 20-22 at the Alexis Park Hotel in Las Vegas, Nev., will be Dixy Lee Ray. Her topic is “Speaking out on the environment.” Ray is a se…
Drouin retiring from QMA posting
The managing director of the Quebec Mining Association, Claude Drouin, will officially retire Aug. 31. Appointed to the managing director’s post is Dan Tolgyesi. Drouin, who has a doctorate in mining …
IPMI new officers
The International Precious Metals Institute (IPMI) recently elected officers for the 1992-93 term at its 16th conference in Scottsdale, Ariz. Francis Curren Jr. of Pease & Curren became president and …
Redfern plans drill program at Tulsequah Chief property
A drilling program at the Tulsequah Chief property in northwestern British Columbia is expected to begin in the second week of August. Redfern Resources (TSE) now holds a 100% interest in the property…
Aber extends D zone at High Lake
Recent drilling on the High Lake project in the Northwest Territories, a joint venture between Aber Resources (TSE) and Kennecott, has outlined a steeply dipping panel of base metal mineralization wit…
Evaluation work planned by Cheni on Mets deposit
During the next six weeks, Cheni Gold Mines (TSE) intends to carry out its initial underground evaluation program on the Mets deposit, near its producing .TLawyers gold mine in the Toodoggone district…
Canmine to drill Fer property
Drilling on Canmine Resources’ (CDN) Fer property northeast of Flin Flon, Man., is scheduled to resume in August. Canmine will focus on the Spruce and Yak zones where previous drilling to a maximum de…
STOCK MARKETS — Minnova and Kerr move on Metall’s purchase
Base metal prices joined North American stock markets in a slide during the week ended July 28, with fears of a prolonged downturn in the U.S. closing in on investors. Hardest hit were nickel and copp…