News


Geophysics reunion planned at U of T

Former students, faculty, associates and friends of geophysics at the University of Toronto are invited to attend a reunion Nov. 2-4 marking the sesquicentennial of the discipline’s study at the unive…


Onitap is named in Orex lawsuit

Legal proceedings have been instituted by Exploration Orex (ME) against Onitap Resources (TSE), Narex Ore Search Consultants and the president of Onitap and Narex, Karl Naert, over the Goldboro gold p…


IOCC GOLD OPTIONS (July 16, 1990)

Options Open Series Volume Last Interest Aug. 360 C 118 6.70 381 Aug. 370 C 78 2.70 596 Aug. 380 C 29 1.30 763 Nov. 350 C 47 21.50 63 Nov. 380 C 38 7.00 381 Nov. 390 C 55 5.00 351 Nov. 400 C 86 3.60 7…


Drill program starts at Cat Mountain

The area surrounding the Mt. Milligan gold- copper project north of Prince George, B.C., is expected to be a busy exploration camp this year, second only to the “Golden Triangle” in the northwestern c…





EDITORIAL Interest rates must come down quickly

The time is right for Bank of Canada Governor John Crow to ease up on interest rates. Fighting inflation may have been sufficient reason to jack up rates during the past two years. Today, the threat o…


Anglo stops first hole short of targeted zone

Anglo Canadian Mining (TSE) has had to abandon its first hole short of the intended target at the MWF gold property in Matheson Twp., Ont. Anglo hit a badly fractured zone at depth which threw off the…


Timmins Nickel reduces costs, seeks more ore

Junior nickel miner Timmins Nickel (TSE) says it has substantially reduced costs at its 51% owned Redstone mine, 14 miles south of Timmins, Ont. The other 49% interest in the deposit is held by BHP-Ut…


Potash Corp. set to buy Saskterra

Saskatoon-based Potash Corp. of Saskatchewan (TSE) is set to acquire all the shares of Saskterra Fertilizers from Husky Oil for $47 million. The acquisition, which has been given preliminary approval …


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