Sask. preference for northerners
A human resource development agreement has been signed by the Saskatchewan government’s education ministry and Minatco under which the latter will hire, train and promote “northerners” at its mining o…
1991
Westaurum to buy B.C. copper bets
Under a letter of intent with International Lornex, a private British Columbia company, Westaurum Industries (ASE) will acquire interests in several established copper deposits in northern British Col…
Alaskan fair
Keynote luncheon speakers at the 1991 Alaska Miners Association Annual Convention and Trade Fair scheduled for Nov. 4-8 at Anchorage, Alaska, will be Willie Hensley and John Rense of the NANA Regional…
Sigma contrasts
Without being old-fashioned, Placer Dome’s Sigma mine in Val d’Or, Que., retains the flavor of years gone by. Individual miners work in pairs or small groups, following veins of gold with should-hefte…
Gold Fields explores Forgold
Based on a recent option agreement, Gold Fields Canadian Mining will take over as operator of the Forgold property, 30 miles from the Eskay Creek deposit north of Stewart, B.C. Field work is now in pr…
Deak, Kennecott team up on exploration near Kerr mine
Deak Resources (TSE) and Kennecott Canada, a unit of Utah-based Kennecott Corp., are teaming up to explore areas of mutual interest to the east of Deak’s Kerr gold mine near Kirkland Lake, Ont. The co…
Aur, Louvem seek to minimize dilution building Louvicourt
Partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) expect the capital cost of developing their Louvicourt Twp. massive sulphide deposit east of Val d’Or, Que., to be well over $300 million….
PROFILE (September 23, 1991)
As most miners have shelved their exploration plans during this recession, Crown Resources remains steadfast in its search for gold. Rain or shine, field geologists, who hold stock options in the comp…
Montreal Exchange (September 23, 1991)
The mining and minerals index declined by more than 13 points and the market portfolio moved ahead by about a half-point during the week ended Sept. 17. Daily trading volumes were generally in the 4-m…
BP Canada plans sale of mining assets soon
Following in the footsteps of other oil and gas giants, BP Canada says it’s ready to sell its mining interests. “Selling the mining division reflects the realities faced by the natural resources indus…
Paymaster drilling sets eastern limit
Partners American Reserve Mining (ME) and Placer Dome (TSE) have defined the eastern limits of gold mineralization at the Paymaster mine project, immediately adjacent to the old Paymaster mine in Timm…
Noranda group buys shares in Yellowjack
Associated companies Hemlo Gold Mines (TSE) and Brenda Mines (TSE) recently agreed to buy 186,567 shares of Yellowjack Resources (VSE) in order to exercise an option to acquire a 51% interest in Yello…