Morning raid on St Lambert
Recently armed rebels known as the Touharegs attacked Canadian drilling company St Lambert’s camp in Takanamat, Africa, at 3 a.m. Although the crew members, from Quebec, did not suffer from any injuri…
News
INSIDER TRADING (February 10, 1992)
A couple of key insiders at Fort Knox Gold Resources (TSE) recently altered their holdings in the Toronto-based company. According to the Ontario Securities Commission OSC Bulletin, Inco which owns ab…
Claude resumes drilling amid talks with creditors
While attempting to reschedule payments on $5 million owed to major creditors, Claude Resources (TSE) continues to make progress at its Seabee gold mine near La Ronge, Sask. Following a 6-week product…
Research projects to be discussed
Technical information sessions dealing with the conclusions of 13 research projects funded under Quebec’s Mineral Development Agreement with the federal government have been organized for Feb. 25 at V…
Northway funds
Northway Explorations (TSE) says it has arranged a private placement of 1.25 million shares at 12 cents per share, for a total consideration of $150,000, with Jonpol Investments Ltd., subject to share…
Loki updates reserve estimate
An updated preliminary reserve calculation was released by Loki Gold (VSE) for the Brewery Creek gold project near Dawson City, Yukon. Loki has earned a 49% interest in the bulk-tonnage property from …
PDAC Perspectives (February 03, 1992)
Canadians are being requested to think about and talk about — competitiveness. The implication of the new Ottawa initiative is that if we work harder and work smarter for less money, we will all beco…
OBITUARY (February 03, 1992)
Charles Salter, former vice-chairman of the Ontario Securities Commission (OSC) who took an active interest in junior mining companies, died recently. He was 62. A lawyer by profession, Salter special…
5 (February 03, 1992)
With reference to “Crude will take Eagle River to production with or without’ Hemlo” (T.N.M., May 20/91), the solution for Central Crude for the financing of the Eagle River gold deposit in northern O…
PEOPLE (February 03, 1992)
Luciana George appointed director.
PROFILE (February 03, 1992)
Despite the economic slump, Dickenson Mines reported record improvements in earnings for the nine months ended Sept. 30, 1991: $6,217,000 (35 cents per share) compared with $2,591,000 (15 cents per sh…
Course examines environmental issues
A 2-day course on exploration and environmental issues is being offered by the British Columbia & Yukon Chamber of Mines, with course content assembled by Norecol Environmental Consultants. The short …