U.S. REPORT Castle Mountain near startup date
The Castle Mountain gold project is on schedule and on budget, with owner Viceroy Resources (TSE) anticipating startup as planned in January, 1992. It’s been a long haul for the Vancouver-based junior…
News
PEOPLE NAXOS RESOURCES (July 22, 1991)
Bruce Kauffman and Fred Arkoosh appointed directors.
LETTERS TO THE EDITOR Miners need new finds, not task force
Your editorial “Attracting mining’s future leaders” (T.N.M. July 8/91) supports a government-industry program to assess the mining industry’s human resources requirements. Wait a minute. Who’s paying …
Mixed drill results from Spectrum
Mixed assay results were released by Eurus Resource (VSE) and partner Columbia Gold Mines (VSE) from ongoing drilling on the Spectrum property in northwestern British Columbia. Eurus is funding the cu…
NEWS IN BRIEF Denison succeeded by Teck
Toronto-based Denison Mines (TSE) has been replaced as manager of the Quintette Coal operation in British Columbia by Vancouver mining giant Teck (TSE). “The appointment of Teck will substantially enh…
Work on Flin Flon smelter on hold until ownership question resolved
With Minorco’s bid for the purchase of Hudson Bay Mining & Smelting (TSE) extended until July 31, the $187-million refit of the Flin Flon, Man., smelter remains on hold. Minorco, a Bahamian affiliate …
Silver Standard drops La Choya
Despite a successful exploration program, Silver Standard Resources (VSE) recently dropped its option to purchase the La Choya gold property near Sonora, Mexico. A recent drilling program on the prope…
Imperial Group owns Mount Polley
The advanced Mount Polley copper-gold project in central British Columbia is now owned 100% by the Imperial Metals Group, with Imperial Metals (TSE) having a 60.4% direct interest. Along with two affi…
Exodus to Latin America
Most major mining companies in North America are now active in Latin America and are being rapidly followed by the middle- and junior-tier companies, according to a private research firm based in Denv…
Aur intersects stringer zone on Jonpol’s Dalquier claims
Aur Resources (TSE) recently intersected a broad zone of stringer copper mineralization while drilling for extensions of known zones, on Jonpol Explorations’ (TSE) Dalquier Twp. claims, five kilometre…
U.S. REPORT NEWS IN BRIEF Construction starts at Flambeau
Construction is under way at Kennecott’s Flambeau copper deposit in Wisconsin. Flambeau Mining, a Kennecott subsidiary, will build a settling pond and water treatment plant before entering into produc…
U.S. REPORT NEWS IN BRIEF Hecla, CoCa complete merger
The previously announced merger between Hecla Mining (NYSE) and CoCa Mines (NASDAQ) is now complete following the approval of the two company’s shareholders. Each common share of CoCa common stock is …