EXPLORATION ’92 — Hemlo Gold boosts production
Gold production increased to 378,000 oz., up 6% over the first nine months of 1991 because of higher output from the Golden Giant and Silidor mines, Hemlo Gold Mines (TSE). The company’s share of gold…
1992
Compensation report cause for concern
Undeveloped mineral deposits in British Columbia could be expropriated by the provincial government for exploration costs over the last five years if the recommendations of a recent commission of inqu…
LETTERS TO THE EDITOR — Lauding coverage of offshore
I would like to compliment The Northern Miner and the Southam Mining Group on their expanding coverage of global mining issues, especially projects elsewhere in the Americas. I have particularly enjoy…
NEWS ROUNDUP — Cross Lake in option deals
An option to earn up to a 70% interest in 18 claims in Fox and Stimson twps. 45 miles northeast of the Kidd Creek operation near Timmins, Ont., has been negotiated by Noranda Exploration with Cross La…
Ontario conducts environmental tests
Prompted by concerns about environmental impact of previous disposal practices, Ontario’s Ministry of Northern Development and Mines has commissioned a geotechnical assessment of soil and groundwater …
EDITORIAL PAGE — Blue-collar whiz kids
Global competition is making it more evident that corporate Canada has under-invested in its workforce, that Ottawa has poured millions of dollars into poorly focused training programs and that the pu…
Amax quarterly results slip
Third-quarter earnings for Amax Gold (NYSE) took a turn for the worse, sliding to US$700,000 from US$5.4 million for the same period last year. Earnings for the nine months ended Sept. 30 were also lo…
LETTERS TO THE EDITOR — Epp replies to resignation call
I would like to take this opportunity to respond to the article “Jake Epp should resign” (T.N.M. Sept. 21/92) by Steve Parry, speaking in his dual capacities as president of the Porcupine Prospectors …
PROFILE — Bryant expects diamond hunt to stir interest in
The active search for diamonds in Canada’s North has sparked interest in Alberta’s mineral potential. The first documented find in the oil-rich province was made in 1988 by Tom Bryant, who discovered …
Proposal to merge Canamax, Minerex, Canada Tungsten under
A proposal is being reviewed by the boards of Canamax Resources (TSE), Canada Tungsten Mining (TSE) and Minerex Resources (TSE) to merge and create a larger, ongoing company known as Canada Tungsten. …
Crown Butte continues New World permitting
With field activities completed for the season, Crown Butte Resources (TSE) plans to continue permitting work “at a priority pace” this winter for its New World gold project in Montana. The company re…
Gowest in deal with Placer Dome
A letter of agreement has been signed between Gowest Amalgamated (ASE) and Placer Dome (TSE) whereby Placer may earn a 75% interest in Gowest’s property in northeastern Ontario. The property comprises…