Placer to option McFinley project
McFinley Red Lake Mines (TSE) expects to solve some of its recent troubles by optioning its 30-claim Bateman Twp. gold project near Red Lake, Ont., to Placer Dome (TSE). The two companies have signed …
News
Eastmaque, Equinox merger gains shareholder approval
Shareholders of both Equinox Resources (TSE) and Eastmaque Gold Mines (TSE) recently approved the merger of the two companies leaving Equinox the surviving entity. The companies expect to complete the…
IMM celebrates 100th anniversary
The Institution of Mining and Metallurgy (London) recently hosted a dinner in Toronto to mark the 100th anniversary of the organization’s founding. Guest speaker was Hugh Allen, president of the IMM a…
PDAC selects Watson for Prospector award
The Prospectors and Developers Association of Canada (PDAC) will honor Mackenzie Watson for his participation in numerous mineral discoveries during the past 25 years by naming him “prospector of the …
PEOPLE (March 16, 1992)
R. Fiorini appointed president and chief executive officer.
BOOKS IN REVIEW (March 16, 1992)
The Geography of the Canadian North, by Robert Bone, Oxford University Press, Toronto. $19.95. Author Robert Bone, geography professor at the University of Saskatchewan, addresses factors pertinent to…
Autoclaving, bioleaching replacements for roasting
It’s difficult to specify how much of the world’s gold reserves are tied up in refractory ores, which do not yield their gold to cyanidation without prior treatment. But South Africa’s General Mining …
NEWS IN BRIEF (March 16, 1992)
International Baron Resources Ltd. (IBQ:VSE) has changed its name to Azco Mining Inc. (AZC:VSE) with a consolidation of capital on a 1-new-for-6-old-share basis. The transfer agent is Central Guaranty…
Canmine hits narrow lenses
Canmine Resources (CDN) has intersected some narrow sulphide lenses on its 100% owned FER property 28 miles northeast of Flin Flon, Man. Hole FER 1, drilled on the southern fringe of the target conduc…
Goldhunter, SEG negotiate option
A letter of intent has been signed by Goldhunter Explorations (ASE) and SEG Exploration (ME) which would see SEG acquire an option to earn a 60% interest in base and precious property in the Springer …
Others’ words (March 16, 1992)
“During the Iraq invasion of Kuwait, gold dealers expected a surge from Kuwaitis exchanging worthless dinars for physical gold, but the orders never materialized. It turned out that the Kuwaitis were …
EDITORIAL PAGE (March 16, 1992)
The remarkable turnaround at the Dome gold mine is directly linked to management’s ability to gain control over staffing. As a result, a mine on the verge of closing two years ago is now planning for …