News

EARTH magazine focuses on planet

A new magazine aimed at promoting understanding of the Earth was recently launched by Kalmbach Publishing Co. of Wisconsin. Titled EARTH, the magazine focuses on the geology and evolution of the plane…


Victor faces challenge of deep mining

The announcement by Inco (TSE) of a major nickel-copper find at Victor in northern Ontario raises a couple of big questions. At 8,000-8,500 ft. below surface in the highly stressed rocks of the Sudbur…


Wait for assays sends Fort Knox on frantic ride

Speculation over a second batch of results from Fort Knox Gold Resources’ (TSE) base metal play in Fawcett Twp., near Shining Tree, Ont., boosted the stock over the $3 mark during the first week of De…


Products in demand

No matter what the subject, you can always get a second opinion — if not a third and fourth. Take the question of the Canadian dollar. Few in the mining industry would argue against the need to keep …


Mahogany ups reserves at Tuina copper project

A recent hole on International Mahogany’s (TSE) Tuina copper property in Chile encountered a 90-metre intercept grading 1.55% oxide copper in the San Martin open pit. The company says the most recent …



NEWS ROUNDUP (December 09, 1991)

New Legends Metals is commencing exploration on a 295-claim property near Casa Berardi, Que., held by Cross Lake Minerals (VSE) and Glen Auden Resources (TSE). New Legends plans to trace the full exte…


NO HEADLINE (December 09, 1991)

Giant Pacific purchasing Chutine’s Mexican project Giant Pacific Petroleum (VSE), controlled by Australian entrepreneur Chrisilios Kyriakou, has signed a deal with Chutine Resources (TSE) to acquire 1…


OBITUARY (December 09, 1991)

Veteran miner Malcolm “Curly” Alexander died recently in Red Lake, Ont. He was 79. Born in Wakaw, Sask., Alexander began his mining career at Placer Dome’s Sigma mine in Val d’Or, Que., before he was …


Diamond fever hits Yellowknife

Diamond fever has hit the residents of Yellowknife, N.W.T., since Dia Met Minerals (VSE) announced results from its Point Lake kimberlite prospect, 300 km north of the capital city (T.N.M., Nov. 11/91…


Rio Algom cancels Uranium offer

Toronto-based Rio Algom (TSE) has withdrawn its US$6.40 a share offer for the 92% interest in Uranium Resources (TSE) it doesn’t already own because of low uranium prices and the company’s high produc…


TVX to sell High River stake

TVX Gold (TSE) has agreed to sell its 34.1% stake in High River Gold Mines (TSE) to Restech Canada holdings, a subsidiary of Australia’s Restech International. After the share transaction, the Restech…


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