News


Sherritt expanding coinage facilities

Plans to spend $10 million to expand its coinage facilities at Fort Saskatchewan, Alta., have been announced by Sherritt Gordon (TSE). The major expenditure will be on the nickel-bonded-steel coinage …


Alberta Stock Exchange Soocana secretive

For the second week in succession, Soocana Explorations, gained significant ground without making any announcements. Last week, Soocana advanced by 30 cents on speculation that the Toronto company ha…


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…



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…



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…


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