News

Claude’s Seabee mine enters tune-up phase

Having brought its high-grade Seabee gold mine in Saskatchewan to the threshold of production, Claude Resources (TSE) expects to announce the first gold pour within the next couple of weeks. Only the …


Noront to drill promising projects

Although finding it difficult to raise money these days, “one way or another” Noront Resources (VSE) is determined to proceed with drilling on three of its better-looking projects, President Richard N…


Kenora band to manage sand, gravel works

The Rat Portage First Nation near Kenora, Ont., recently took over management of its sand and gravel resources after signing a 5-year agreement with the federal government. The Indian band established…


Silver Butte launches lawsuit

Ownership of a portion of the SB gold property near Stewart, B.C., is being challenged by Silver Butte Resources (VSE) in a lawsuit filed in the Supreme Court of British Columbia against Esso Resource…


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.). …


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 …



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…


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