Meeting cancelled
The First International Symposium on Sulphide Dust Explosions, Mine Fires & Emergencies (SDEMF&E), scheduled to be held in Bathurst, N.B., Oct. 27-31, 1991, has been cancelled because of the low numbe…
News
El Condor expects to double reserves at Kemess project
With this year’s first-phase drilling program on the South Kemess property complete, 60% owner and operator El Condor Resources (VSE) is predicting a doubling of reserves. St. Philips Resources (VSE) …
Kookaburra adds to Santa Fe
A recently signed letter of intent could result in Kookaburra Gold (VSE) acquiring a group of claims adjacent to its Santa Fe South property near Hawthorne, Nev., from Princeton Mining (TSE). The agre…
Alberta Stock Exchange (October 21, 1991)
Taking the word “gold” out of its name and replacing it with “technologies” did a lot to boost the value of North American Gold during the week ended Oct. 15. Trading more than 260,000 shares, the Mic…
Flett to explain Billiton’s role in Canada, worldwide
Andrew Flett, president of Billiton Metals Canada since July, 1990, will speak at a luncheon meeting at Toronto’s Royal York Hotel on Oct. 24. It is held by the Toronto branch of the Canadian Institut…
PNG road show tries to ease investors’ fears
Porgera, Misima, Lihir and Ok Tedi are heavyweights among the world’s gold producers, or will soon be. As well, Kutubu and Hides are on the verge of making the same mark in hydrocarbons. These mining …
Coeur d’Alene wins $50,000
Idaho-based Coeur d’Alene Mines recently won the first Du Pont/Conoco Environmental Leadership Award for environmental excellence in the U.S. metals mining industry. This year seven companies were nom…
On the Level (October 21, 1991)
I often wonder if the average Canadian really worries about our national debt. To me it’s scary, for it affects almost every facet of our everyday life. This country is in terrible financial straits. …
Record monthly production at Placer’s Campbell mine
After 42 years of production, the Campbell mine in northwestern Ontario’s Red Lake gold camp is pouring record amounts of gold, and capital investments are expected to boost throughput in 1992 and 199…
Newmont tests bioleaching for Carlin refractory ores
Already North America’s largest gold producer, Newmont Mining (TSE), has joined the race to be the first U.S. company to successfully use the gold recovery process known as bioleaching. A number of No…
PDAC president illustrates Canada’s falling exploration
The Australian mining industry spends $10 on exploration and development for every $100 in production revenues. By comparison, the Canadian industry spends about $2.50, says Fenton Scott, president of…
Sherritt purchase
Sherritt Gordon (TSE) reported completing its acquisition of oil and gas producer Canada Northwest Energy Ltd. The deal called for Sherritt to issue almost 4.7 million shares and almost $265 million p…