Normetal mine nears production again
A $2.4-million private placement arranged by partners Normetal Mining Exploration (ME) and La Sarre Mining Exploration (ME) will be used to bring a silver-zinc project, near La Sarre, Que., into produ…
News
Stewart Lake raises funds for Kirkham graphite project
Flow-through financing worth up to $510,000 has been arranged by Stewart Lake Resources (TSE) with Equion 89-3 Resource Ltd. Partnership. Stewart Lake reports the funds will be used for continued expl…
Restraint urged for molybdenum producers
An assortment of metals has drawn the recent attention of Roskill Information Services of London, including molybdenum, niobium, tantalum, rhenium, rare metals and rare earths. Molybdenum producers in…
Asarco options Cross Lake bet
A Lac St. Jean area property owned by affiliated companies Cross Lake Minerals (VSE), Glen Auden Resources (TSE) and Tarzan Gold (ASE) has been optioned by Asarco Exploration Co. of Canada. The proper…
Vancouver Stock Exchange Eskay Creek results lift Calpine 77 cents
Trading activity in Vancouver has picked up somewhat over the past week, much to the relief of the local investment community. Brokers say retail investors are beginning to re-appear on the scene afte…
Sulphur prices down
Prices for sulphur on international markets have declined amidst contractural differences between Morocco and India over the cost of phosphoric acid. Morocco imports sulphur to mix with its naturally …
Trimin increases stake in Hanson Lake
By acquiring an additional 8.39% interest in the Hanson Lake property in northern Saskatchewan, Trimin Resources (VSE) has increased its interest in the copper-zinc deposit to 32.9%. The company picke…
TVX and Placer Dome plan expansion at Chilean mine
Partners Consolidated TVX Mining Corp. (TSE) and Placer Dome Inc. (TSE) are planning to go ahead with the second stage of development at the La Coipa gold /silver mine in Chile. Toronto-based TVX, whi…
Detour Gold
Since production began in 1983, Placer Dome’s Detour Lake mine has turned out more than half a million oz of gold. Pictured here with the gold bars that con tain the 500,000th oz are (left to right) T…
Sample results encourage Hidden Lake Gold Mines
Several occurrences of gold bearing iron-formation have been discovered by Hidden Lake Gold Mines on a large grassroots property near Wheeler Lake in the Northwest Territories. The 22,000-acre propert…
Obituary A.G. Roach
A. G. “Gerry” Roach, a prominent metallurgist and member of the Canadian Institute of Mining and Metallurgy, died recently after a battle with cancer. Roach was born in 1904 and graduated from Queen’s…
Computer analysis reveals new reserves at Cochenour
A $4.7-million underground and surface exploration program is expected to be completed within two months on the former producing Cochenour Willans gold mine property near Red Lake, Ont. Project partne…