Anglo American a world player
The winds of change have had a significant impact on the politics and economics of South Africa, a nation known as much for deep gold mines as for its abundance of varied mineral wealth. Large mining …
1994
Caledonia affiliate upgrades Zimbabwe copper mine
Plans are afoot to expand the Sanyati copper mine, currently under development in Zimbabwe. Majority owner Reunion Mining, an affiliate of Caledonia Mining (TSE), intends to produce 5,000 tonnes of th…
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 …
ODDS’N’SODS — Early bush pilots operated with a sense of
When I was busily involved in mineral exploration in Ontario in the early 1950s, I met a young bush pilot named Hong Mar. He was flying for Canadian Superior Air Services at the time, following a peri…
Metall selling Mobrun royalty to Cambior
Toronto-based Metall Mining (TSE) has agreed to sell its 4% net smelter return (NSR) royalty on production from the Mobrun polymetallic property of Audrey Resources (TSE) for $11 million to Cambior (T…
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…
Battle Mountain poised to produce more gold
Houston-based Battle Mountain Gold (NYSE) is expected to increase its gold production in 1995 and in succeeding years. A preliminary business plan projects a 17% increase to 565,000 oz. in 1995 from 4…
Cusac confirms mineralized vein
At the Table Mountain gold property in northern British Columbia, preliminary work has begun on the western extension of a new structure identified as the Big Vein. The work coincides with advancement…
STOCK MARKETS — Jump in bank rate deals a blow to TSE
A surging bank rate helped take the wind out of the TSE’s sails over the 5-day report period ended Dec. 13. The composite 300 index dropped 35.03 points to close at 4,044.41 as higher interest rates m…
Golden Tag discovery at Verneuil
A second gold zone has been discovered on Golden Tag Resources’ (VSE) Verneuil Twp. property 160 km northeast of Val d’Or. The Midrim zone was intersected in two holes drilled by project operator Free…
Black Hawk cuts more nickel at Redstone
Three holes drilled on Black Hawk Mining’s (TSE) Redstone nickel property south of Timmins, Ont., have intersected additional nickel mineralization. The holes were drilled to test the downdip extensio…