Col program under review
This season’s drilling on the Col copper project in the Mount Milligan area northwest of Prince George, B.C., returned intersections ranging from 0.20% to 0.66% copper over narrow widths (10-20 ft.). …
News
Noranda hit by forestry loss
A $20-million loss within its forestry division helped to put Toronto-based Noranda (TSE) firmly in the red during the recent third quarter. After deductions for preferred share dividends, Noranda rep…
PRODUCER PRICES (November 11, 1991)
ALUMINUM: MW U.S. market US54.75-55.50 cents per lb. (Oct. 24, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…
U.S. REPORT (November 11, 1991)
Less than five months after the official opening the Van Stone zinc-lead mine in northeastern Washington, Equinox Resources (TSE) has been forced to suspend operations because of low zinc prices. The …
PEOPLE (November 11, 1991)
Tony White appointed director.
Gays River mine, mill up for sale
Westminer Canada has put its Gays River lead-zinc mine and mill in Nova Scotia up for sale following a 2-year attempt to solve water problems at the underground operation. “It’s a bit small for us,” s…
Preliminary estimate boosts reserves at South Kemess
A recent preliminary reserve estimate has almost doubled reserves on the South Kemess property in north-central British Columbia to 140 million tons grading 0.23% copper and 0.017 oz. gold per ton. Th…
LETTERS TO THE EDITOR (November 04, 1991)
Your story “Ownership puzzle confounds efforts to develop Holloway” (T.N.M., Oct. 14/91) mentions that the Lightning zone is the best hope for a new mine in eastern Canada. You probably forgot the Mos…
La Coipa cash machine’ closest mine to heaven
As is customary in Latin America, a padre offered the benediction at the recent official inauguration of the expanded La Coipa mine, 140 km from here, in the Chilean Andes. He blessed the plant itself…
Brunswick’s fate questioned after Noranda’s latest loss
Mindful that zinc prices aren’t going to improve in the near future, Noranda (TSE) is attempting to turn its 64.6% owned Brunswick Mining and Smelting (TSE) complex into a more cost-efficient operatio…
Property deal by Vior, Inco
Quebec City-based Societe d’Exploration Miniere Vior (ME) and Inco (TSE) have negotiated a deal which will see Vior expand its gold property portfolio and Inco increase its interest in the junior. The…
PEOPLE (November 04, 1991)
Paul Reinhart appointed to the board.