Saskatchewan offers Cameco shares
Nearly two months after the initial public offering of Cameco (TSE) shares, the Saskatchewan government has announced plans to sell shares of the uranium producer. Saskatchewan has made arrangements w…
News
Louvicourt
Partners Aur Resources and Societe Miniere Louvem expect the capital cost of developing their Louvicourt Twp. massive sulphide deposit east of Val d’Or, Que., to be well over $300 million. The two com…
U.S. REPORT (September 23, 1991)
Miners at a Mississippi Chemical Corp. potash operation at Carlsbad, New Mexico, and at the Fletcher mine and mill operation of lead producer Doe Run of Missouri were recently named winners of 1990 Se…
Guest Column (September 23, 1991)
As we wait for improved stock market conditions in the mineral resource sector in Vancouver, there is much speculation as to why the current market remains depressed. Speculation in the junior mineral…
Fairfield continues drilling on Siwash North prospect
Encouraged by recently returned high-grade gold and silver values, Fairfield Minerals (TSE) plans to continue drilling the Siwash North gold deposit on its 100% owned Elk property into October. The go…
Iceberg sinks Nanisivik zinc
A shipment of zinc concentrate from the Nanisivik mining operation on Baffin Island of Conwest Exploration (TSE) is lying on the ocean floor after the ship it was being carried on struck an iceberg. C…
Kingswood plans to drill deep hole
A 3,300-ft. hole designed to test the Phelps Dodge copper-zinc deposit near Matagami, Que., at depth is scheduled to begin by the end of the month, says Kingswood Explorations (ASE). Earning a 100% in…
Deak’s backers show confidence with share purchase
On paper, it sounds like a great idea. You combine the assets of three exploration companies with holdings in an established northern Ontario mining camp. You acquire an aging gold mine and 4,500 ton-…
Mines ministers to meet in Halifax
Mines and energy ministers from across Canada will meet in Halifax, Sept. 22-27, for the 48th annual Mines Ministers’ Conference. “We’re expecting about 200 delegates, including the ministers themselv…
Alberta Stock Exchange (September 23, 1991)
Trading heavily, Dunfrazier Gold Explorations picked up 10 cents to close at 65 cents during the week ended Sept. 17 as the company concluded a merger deal with Interlock Steel. Interlock, a manufactu…
Varitech uncovers enriched zone
Recent drilling on the Big Onion property near Smithers, B.C., intersected a near-surface enriched copper zone, Varitech Resources (VSE) reported. The company said holes BO-91-1 to 4 of the 1991 phase…
Bema step closer to Refugio financing
The appointment of a lead banker and syndication manager brings Bema Gold (TSE) one step closer to arranging financing for its 50% owned Refugio gold project in Chile. Sharps Pixley, the bullion tradi…