News

The state of our natural environment has become a pressing public concern, both here in Canada and around the world. It is clear that decisive action must be taken to protect the environment, and I be…

Partners Chutine Resources (TSE) and American Barrick Resources (TSE) have begun drilling on a Mexican gold property that adjoins a heap leach gold producer operated by Phelps Dodge (NYSE) and affilia…

Nickel producer Falconbridge has staked an additional 358 claims along the Wanapitei anomaly near Sudbury, Ont., and is planning to drill the large magnetic structure later this year. Sometimes called…

Frank Callaghan appointed president; Bruce Elner and Michael Scott appointed directors succeeding Peter Yearwood, Kenneth Sumanik and Maro MacKinnin-Andrew who resigned.

The Association of Professional Geologists and Geophysicists of Quebec (APGGQ) is not impressed by the lack of additional support for mining exploration financing in the recent Quebec budget. The asso…

Over a distance of less than five miles along the North Rim of the Sudbury Basin, from the old Hardy mine to Longvack, Inco Ltd.’s operation at the extreme east end of the North Rim, there are no less…

After completing a due diligence review, Murray Pezim’s Galico Resources (VSE) decided to drop its option to acquire a 50% interest in the Vera Cruz property held by Vera Cruz Minerals (VSE) in New Me…

As we prepare for Corona Corp.’s annual and special general meeting which will take place May 31 in Vancouver, we were a little non-plussed to read in the TSE market report (T.N.M., May 6/91) that our…

A private Montreal venture-capital company, Polcap Investments, has signed agreements with zinc producer ZGH Boleslaw Mines of Poland to act as financial, managerial and technical adviser. In announci…

John Erickson appointed director.

“Go north, young man, go north.” But not in Ontario. There’s nothing wrong with the geological environment in that once-prosperous province, but governments are changing the fiscal and operating envir…

Merger partners El Condor Resources(VSE) and Covenant Resources (VSE) recently agreed to purchase the North and South Kemess property interests held by a unit of Kennecott. El Condor earned a 60% int…