News


Falconbridge regains platinum firm investment

Caught in something of a bind, Falconbridge Ltd. has regained its or iginal equity investment (49%) in Western Platinum, a South African producer of platinum group metals, as well as of gold, nickel, …


Cominco completes drilling on vanstates gold bet

Cominco recently completed approximately 6,000 ft of drilling on its Telgar property which falls under an option agreement with Vanstates Resources. Located in Ontario’s Harker- Holloway region, the a…


Editorial: Debating points

From a recent address by Marshall Cohen, president, Olympia and Yo rk Enterprises, and chairman, Gulf Canada Corp. Change has become a very popular topic. Out of it all, a few central points emerge …


Risks to mining in tax reform

Just a few days ago, the Mining Association of Canada met with Fin ance Minister Michael Wilson to set out the mining industry’s views and concerns regarding tax reform in this country, and its possib…


Strong holes drilled by Inco and Golden Knight

The first four holes of the latest round of drilling under way at the Golden Pond property in the Casa Berardi area of Quebec, have hit big, project operator Inco Ltd. (60%) and partner Golden Knight …



Westley acquires claims in Manitoba

Westley Mines has acquired a 100% interest in 299 claims in southeastern Manitoba through a lease agreement with Almadem Resources. Westley’s interest is subject to a net smelter return royalty of up …


New Canacord offer

Canacord Resources, First Mineral Exploration Partnership and Second Canacord Mineral Exploration Partnership have jointly filed a preliminary prospectus for the offering of units. McCarthy Securities…



Members of the tribunal

There is one court in Canada higher than the Ontario Court of Appe al to which the decision of Lac Minerals’ appeal might be taken — the Supreme Court of Canada. Appeal to the highest court in the …


So much for sanctions

So we impose sanctions against South Africa, (including a somewhat nonsensical ban on the import of uranium) and not long after discover we are at the moment importing a great deal more from that coun…


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