Political sabre-rattling stalls Voisey’s Bay
Beset by low nickel and copper prices and facing an all-or-nothing ultimatum from the government of Newfoundland, Inco (N-T) is suspending engineering and procurement work on the Voisey’s Bay nickel-c…
Vale Voisey's Bay Operations (Nickel)
Lawsuits, hearings focus on disclosure, corporate conduct — Regulators and shareholders train sights on Crystallex, Naxos, Cartaway and First Marathon
As if to signal the end of the 1990s bull market for resource stocks, irate shareholders and vigilant securities regulators have taken aim at a powerful brokerage firm and several junior companies tha…
Inco unveils development program for Creighton mine
Management of Inco (N-T) faced harsh criticism from union leaders representing its Canadian workers at the company’s first annual general meeting since the unveiling of restructuring plans that involv…
EDITORIAL — Voisey’s Bay becoming a political football — Inco on the ropes
Big corporations, politicians and lawyers are rarely on the receiving end of public sympathy.Inco, one of the world’s largest nickel producers, is no doubt feeling somewhat battered in its fight to ad…
Gold, base metals remain exploration standbys in 1997
Metals exploration activity in Canada continued apace in 1997, and mineral hunters were just likely to be searching for base metals as for gold.Ontario’s Timmins camp drew explorers like bees to honey…
Six trailblazers inducted into Mining Hall of Fame
Six mining pioneers will be inducted into the Canadian Mining Hall of Fame at its annual dinner, to be held Jan. 21, 1998 at the Royal York Hotel in Toronto.Founded in 1987, the Canadian Mining Hall o…
EXPLORATION ROUNDUP — Donner keeps faith at South Voisey’s Bay — Teck completes extensive program of mapping, geophysics
Donner Minerals (DML-V) and Teck (TEK-T) have hit only two 1-metre intersections of massive sulphides at their South Voisey’s Bay joint venture in Labrador, but the dream of finding another huge nicke…
Western markets take off as mining index follows — Voisey’s results boost Donner, NDT; Cartaway less fortunate
The Vancouver Stock exchange composite index closed at 826.85 for a gain of 25.35 points or 3.16% over the report period ended Sept 30. The mining index closed at 744.14 — up 37.02 points, or 5.25%.T…
Cartaway poised to drill in Labrador
Sapphires in the south and nickel-copper-cobalt farther north represent the commodities being sought in Labrador by Cartaway Resources (cwa-a).The junior has established a camp and started a program o…
Donner drills — South Voisey’s Bay project
Diamond drilling is under way at the South Voisey’s Bay project of Donner Resources (drz-v).The 8,000-metre program is being managed by Teck (tek-t), which can earn a half interest in the project. The…
LITERATURE REVIEW — NEWS ROUNDUP — Cartaway to drill near Voisey’s Bay
Work by Cartaway Resources (CWA-A) at its Cirque and BR-E projects in Labrador will resume once the company completes a rights offering worth $1.9 million. The properties lie within a 90-km radius of …
STOCK MARKETS — Western markets continue to show signs of life — Junior companies vie for attention of bargain-hunters
A month or so ago, western markets were hit by the double whammy of low gold prices and the post-Bre-X blues. But over our report period ended Aug.5, a pulse and a heartbeat could be heard on both the…