Noranda moves into South America
Noranda Minerals has redirected its exploration activities — and backed it up with millions of dollars — by establishing offices in Chile and Mexico. “We felt we needed a stronger commitment geograp…
News
Thunder Bay symposium focuses on prospectors
“Prospectors today’s mine finders” is the theme for the Northwestern Ontario Mines and Minerals Symposium in Thunder Bay on April 9-10. “Prospectors are the key to the future of our mining industry,” …
EDITORIAL Ontario mining is in deep trouble
If one suspected that Ontario’s mining industry was past its prime, they need look no further than the recent Prospectors and Developers Association of .T Canada’s annual convention for confirmation. …
EDITORIAL Too much government
Ever get the feeling that there seems to be more people working to spend taxpayers’ money than there are people working to earn a profit? The proportion might not be quite that out of whack, but a cas…
PEOPLE CYPRUS MINERALS CO.
Calvin Campbell appointed non-employee chairman; Chester Stone appointed president and chief executive officer.
LETTERS TO THE EDITOR Concerned about Bill of Rights
Our association certainly agrees that the environment is important. Our members and their families are also part of the environment. In fact, our members are much more aware of the environment than th…
Copper Council holds seminar
The American Copper Council (ACC), based in New York City, is offering a foreign trade seminar for executives involved with the copper industry at its June meeting in Quebec City. The 2-day seminar wi…
Unlisted Trading High grade for Costigan
More high-grade results from the Sewell Brook property in New Brunswick have had little effect on the price of Costigan Gold, which was unchanged at 45 cents for the week ended April 2. Although inter…
Thunderwood sends 2 rigs to Scott Lake
Partners Thunderwood Resources (TSE) and Greenstone Resources (TSE) will resume the search for an economic massive sulphide deposit on their Scott Lake joint venture when drilling begins at the Chibou…
Rouyn Mining’s loss due to reducing Francoeur’s value
A writeoff of $4.3 million was declared by Rouyn Mining Resources (TSE), which for 1990 reported a loss of more than $4.9 million (42 cents per share). The company said the writeoff reduces the book v…
Bull Run Gold Report
For the fourth quarter ended Dec. 31, 1990, Bull Run Gold Mines (NASDAQ) reported earnings of US$3.6 million compared with a fourth-quarter loss of US$224,000 in 1989. The results included earnings of…
U.S. REPORT Kalahari acquires land position near Homestake gold
A geophysical program is under way on a large land position recently acquired by Kalahari Resources (VSE) about 35 miles southeast of the famous Homestake gold mine near Lead, South Dakota. Kalahari h…