EDITORIAL PAGE Building on resources
Those who would have us abandon our resource-based economy would do well to study the most recent figures on the contribution resources make. Minerals, energy and forestry combined account for more t…
News
Unlisted Trading Horne moves on slag
Horne had been negotiating with a U.S. partner for a 50% interest in the project for which leaching, the company said, may be the preferred method for metal extraction. That partner, Horne said, has a…
Exploration in Nova Scotia turns to base metals
With new exploration models and technology, the major mining companies are positioning themselves to take an integrated approach to base metals exploration in Nova Scotia. Recent staking indicates ren…
Minerex drilling intersects Humboldt vein extension
An exploration drill program operated by Minerex Resources (TSE) has encountered the western extension of the Humboldt vein being mined at the Aurora Partnership heap leach operation in Mineral Cty., …
PEOPLE HALLEY RESOURCES
Rowland Perkins appointed president and director; Donald Golbeck appointed director; Arness Cordick appointed director.
PEOPLE QUATTRO RESOURCES (July 08, 1991)
Ernest Peters appointed director.
Drilling under way at Birk Creek
A 6,000-ft. drilling program is under way at the Birk Creek property in the Adams Plateau area of south-central British Columbia. Falconbridge, operator of the program, can earn a 60% interest in the…
Shareholders OK Hope Brook sale
Shareholders of Hope Brook Gold Mines (TSE) have voted in favor of a reorganization which will transform the public company into a wholly owned subsidiary of BP Canada (TSE). Casting ballots at the c…
Placer Dome estimates $420 million for Milligan
It will cost an estimated $420 million for Placer Dome (TSE) to bring on stream the Mt. Milligan gold-copper deposit north of Prince George, B.C. That’s over and above the approximate $255 million th…
U.S. REPORT USMX gives production nod to Yankee project in Nevada
After completing an internal analysis, USMX (NASDAQ) has approved development of its Yankee gold project in the Alligator Ridge gold trend of Nevada. The Yankee project is now reported to contain pro…
Metal prices hurt commodity index
Weaker metal prices in May helped push the all-commodity price index of Scotiabank down by 1% from April. “Base metal prices moved significantly lower in May and June. Copper and nickel are still at…
Repadre falls short in diamond search
A 33-hole (3,965-metre) reverse circulation drilling program recently completed at the joint-venture prospect in Botswana of Repadre Capital (VSE) has failed to intersect any kimberlite intrusives, a …