Queenston to drill Kirkland West from surface
LAC Minerals (TSE) has returned the strategic Kirkland West claims to owner Queenston Mining (TSE) after spending $2 million in a fruitless search for minable ore. But Queenston Chairman Hugh Harbinso…
1992
NEWS IN BRIEF (January 27, 1992)
Oregon Resources Corp. (ORE:VSE) has changed its name to International Oregon Resources Corp. (IOR:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Central …
VIEW FORM THE WEST
Last September, Mike Harcourt, leader of the New Democratic Party of British Columbia, and now premier of British Columbia, responded to eight questions posed by the Mining Association of British Colu…
Inco’s telecommunications’ provide a competitive edge
If the struggle for market share in the nickel market was to be characterized as a horse race, the bookies wouldn’t have much of a problem picking the winner. Reading from the form sheet, the Russian …
Kazakhstan plans uranium sales
Former Soviet Union nation Kazakhstan plans to start selling its uranium, with the International Atomic Energy Agency helping to co-ordinate sales. The republic is believed to account for about 30% of…
TSE Short Positions (January 27, 1992)
Semi-monthly reports as of January 15, showed 20,679,088 shares of 600 issues compared with 22,923,428 shares of 572 issues on December 31. Larger individual positions included: Amax Gold 39,431, down…
Musto secures Argentine deposit
As soon as funds are in place, International Musto Explorations (VSE) expects to commission a feasibility study to examine the economic viability of the Bajo de la Alumbrera deposit in the province of…
Appeal date nears on asbestos ruling
The Environmental Protection Agency (EPA) in the U.S. has about a month to decide if it will ask the U.S. Supreme Court to review a court ruling on asbestos use. The EPA, which moved to ban nearly all…
South of Lupin gold mine — Diamond play gains momentum
An area greater than the size of Prince Edward Island has been set aside for diamond exploration in the Northwest Territories since BHP-Utah Mines and Dia Met Minerals (VSE) discovered a diamondiferou…
Cameco, Glamis on TSE 300, Dickenson dropped from index
Mining companies continue to suffer the effects of weak metal prices and the economic downturn, as indicated by The Toronto Stock Exchange’s decision to drop six issues from its composite 300 index, F…
Changing nature of mine fill
Water-borne sand has been used as an underground fill for more than 60 years. These early applications were generally for unusual circumstances where it was required to mine pillars or to stabilize gr…
Bema debenture extended 2 years
A convertible debenture issued in 1990 by Bema Gold (TSE) and due Jan. 29, 1992, has been extended two years. Under the new terms, the US$1.625-million debenture carries an interest rate of 8% and is …