Past may be prologue if A-J mine revives
If this historic mining town once again becomes an active mining centre, Echo Bay Mines (TSE) will have led the way. The company has taken on two former producing projects just outside this picturesqu…
1991
If mining can’t meet environmental standards diamond drilling’s
The state of our natural environment has become a pressing public concern, both here in Canada and around the world. It is clear that decisive action must be taken to protect the environment, and I be…
Chutine, Barrick drill Mexico bet
Partners Chutine Resources (TSE) and American Barrick Resources (TSE) have begun drilling on a Mexican gold property that adjoins a heap leach gold producer operated by Phelps Dodge (NYSE) and affilia…
PEOPLE CARPENTER LAKE RESOURCES (May 20, 1991)
Frank Callaghan appointed president; Bruce Elner and Michael Scott appointed directors succeeding Peter Yearwood, Kenneth Sumanik and Maro MacKinnin-Andrew who resigned.
Polcap signs agreements with Polish zinc producer
A private Montreal venture-capital company, Polcap Investments, has signed agreements with zinc producer ZGH Boleslaw Mines of Poland to act as financial, managerial and technical adviser. In announci…
PEOPLE BENTON RESOURCES
John Erickson appointed director.
On the Level Ontario mining faces almost insurmountable hurdles
“Go north, young man, go north.” But not in Ontario. There’s nothing wrong with the geological environment in that once-prosperous province, but governments are changing the fiscal and operating envir…
Kennecott sells Kemess interests
Merger partners El Condor Resources(VSE) and Covenant Resources (VSE) recently agreed to purchase the North and South Kemess property interests held by a unit of Kennecott. El Condor earned a 60% int…
Additional funding for Armeno project
Additional funding in the amount of US$1.45 million will be provided by Nissho Iwai Corp. of Japan to go toward the preproduction development costs and working capital of the San Bartolome mine projec…
Crude will take Eagle River to production `with or without’ Hemlo
The Eagle River gold deposit in the Mishibishu Lake area of northern Ontario will enter production “with or without” the help of 60% owner Hemlo Gold Mines (TSE), says Richard Nemis, president of Cent…
Correction (May 20, 1991)
Contrary to what was reported in The Northern Miner (May 6/91), Deak Resources director Douglas Hume recently bought 9,000 shares for 54 cents to hold 147,500.
NEWS IN BRIEF (May 20, 1991)
Storimin Exploration (ASE) said it is planning surface work, and possibly a drilling program, this summer at its recently acquired base metal property in Robertson Twp. in northeastern Ontario, adjace…