1994


New GAC divisions created

The Geological Association of Canada has created three new divisions: the Canadian Geomorphology Research Group (CGRG), Remote Sensing, and Geographic Information Systems (GIS). The objectives of CGRG…


NEWS ROUNDUP — Republic finds zone in Cuba

A previously unrecognized volcanic basin has been found on the Purial mineral concession in eastern Cuba. Republic Goldfields (VSE) reports that the basin measures 22 by 19 miles and hosts at least se…


Ontario grant will help export of mining services

The Ontario government will contribute $875,000 to the Canadian Association of Mining Equipment and Services for Export (CAMESE). The funding will form part of the association’s $3.5-million, 5-year b…


NEWS ROUNDUP — Teddy completes private placement

Proceeds from a $6-million private placement will be used to help fund development of the Holloway gold project in northeastern Ontario. Teddy Bear Valley Mines (CDN) has a 15.35% interest in the proj…


TSE INDICES (December 26, 1994)

— 1994 — Dec 20 Dec 19 Dec 16 Dec 15 Dec 14 High Low Composite”300″ 4154.13 4136.75 4118.03 4111.73 4078.85 4609.93 3518.31 Metals&Minerals 4117.63 4120.23 4092.35 4014.54 3930.53 4289.04 3273.56 In…


Ramrod resumes drilling at Damoti

Toronto-listed Consolidated Ramrod Gold has intersected coarse visible gold within high-grade intervals at the Damoti Lake property near Yellowknife, N.W.T. The discovery follows resumption of a minim…


SAGC funds work in central Chile

Toronto-listed South American Gold & Copper (SAGC) is raising US$4.1 million to expand exploration and development in South America. It is doing so by means of a private placement of 3 million shares …


EDITORIAL PAGE — Who is conning whom?

In October of this year, Paul Birckel, chief of the Champagne and Aishihik First Nations, fired off a letter to British Columbia Premier Michael Harcourt asking the government to withdraw its support …



Inco opens new coating facility

Phase one of the $17.3-million nickel coating facility of Inco Europe in Wales was recently inaugurated by Canadian High Commissioner Royce Frith. The high-tech project, at the Inco nickel refinery at…


Old Weedon mine site undergoes reclamation

It cost almost $4 million to reclaim an old copper mine site at Weedon, Que., about 100 km east of Sherbrooke. The work at the old mine site, which was fully operational in the 1950s, was wrapped up i…


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