Inco withdraws
Nickel-producer Inco (TSE) says it has withdrawn from negotiations concern ing its possible purchase (72% interest) in the Queensland Nickel joint ven ture in Australia. Inco was talking with a consor…
1992
NEWS IN BRIEF (July 20, 1992)
Lord River Gold Mines Ltd. (LRD:VSE) has changed its name to Aquamin Resources. Inc. (AQN:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust.
Jamestone options Bushveld prospects
A jointly owned subsidiary of International Platinum (TSE) and Swansea Gold Mines (CDN) has acquired options to buy three platinum group metal (pgm) projects in the Rustenburg area of South Africa. Th…
Reclamation specialist favored
A Vancouver-based company has been selected as the preferred bidder by Rio Algom (TSE) to decommission its former Quirke and Panel uranium mines near Elliot Lake, Ont. Regarded as one of the largest d…
PRODUCER PRICES (July 20, 1992)
ALUMINUM: MW U.S. market US59-61 cents per lb. (Jul. 1, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CADMIUM: …
Open pit expansion considered — High gold values in
Results from initial bulk sampling of the Siwash North gold deposit in southern British Columbia has property owner Fairfield Minerals (TSE) considering an expansion of its open pit program to 5,000 t…
PEOPLE — POLESTAR EXPLORATION
Alistair McLennan appointed president.
PEOPLE — PACIFIC SUN (July 20, 1992)
Suzanne Wood appointed director/secretary.
EDITORIAL PAGE –Most interesting times
When you live in interesting times, you tend to become used to, well, interesting developments. Change in a changing world, as the saying goes, is the one constant you come to expect. Giant real estat…
LETTERS TO THE EDITOR — Mining taxes in Saskatchewan
There is no doubt that Manitoba is making a big effort to attract mining investment and your editorial (T.N.M., June 22/92) was timely. In your review of the Manitoba situation, you highlighted the ta…
LETTERS TO THE EDITOR — GAC members
Patrick Whiteway may be partially correct in his guest column (T.N.M., June 15/92) for the declining membership in the Geological Association of Canada (GAC). As an original member of GAC, I dropped m…
LETTERS TO THE EDITOR — Timely editorial
Congratulations for a much needed editorial entitled “Disclosure on diamonds” (T.N.M., July 6/92). Whoever wrote it may have lived the “Windfall” mess. Thanks for renewed good services. Pierre Lacombe…