Nova Scotia judge stays Westray charges
A Nova Scotia judge has stayed manslaughter charges against two former managers of the Westray coal mine where an explosion killed 26 men on May 9, 1992.The judge’s decision ended the prosecution of R…
1995
Index (June 19, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber ServicesSpecial Rep…
Sudbury conference sheds light on acid mine drainage
The federal government will release an official policy paper to show that it is committed to the goal of “sustainable development” with respect to mining.The announcement was made by Brent St. Denis, …
Global Pacific pursues Chinese copper connection
A joint venture with a Chinese mining company provides Global Pacific Minerals (VSE) with a 51% interest in an advanced-staged copper-gold-silver project in Anhui province.Global is among the first fo…
Hecla to explore La Fortuna in Mexican joint venture
Hecla Mining (NYSE) has formed a joint venture with War Eagle Mining (VSE) on the Mexican silver-gold project known as La Fortuna.Hecla can earn a 60% interest by spending US$5 million over the next f…
Battle Mountain hunts for Idaho gold
Battle Mountain Gold (NYSE) is exploring for the yellow metal on its Morning Glory project in east-central Idaho.The major can earn a 60% interest in the property from Formation Capital (VSE) by spend…
Metals Commentary — Physical metal markets flex muscles
Member nations of the Organization for Economic Co-operation and Development are wallowing in a mixture of high interest rates and artificially low inflation, deficits and unemployment. All the while,…
Pattern detected at Salvadoran play
Additional drill results from the Salvadoran project known as El Dorado suggest a pattern of increasing grade with increasing depth, Mirage Resource (TSE) reports.At the Coyatera North prospect, holes…
Illegal mining practices cause deaths at Albino mine
Illegal mining activity at Crystallex International’s (VSE) Albino gold mine in Venezuela caused the collapse of a wall in the Conductora pit.At least three miners died as a result.Crystallex expects …
Meetings (June 19, 1995)
MEETINGSJune 26, Armada GoldJune 26, AsquithJune 26, Blue RibbonJune 26, Columbia YukonJune 26, CondorJune 26, Eden Expl.June 26, Gulf Int’lJune 26, Int’l Silver RidgeJune 26, Patrician GoldJune 26, R…
Green light flashes for Briggs
Federal and state authorities have granted environmental approval to the Briggs gold project in southeastern California.Owner Canyon Resources (NASDAQ) will begin construction as soon as all other per…
Newmont provides model for international mine financing
In October, 1990, Joseph Kowalik, a senior geologist with Newmont Gold (NYSE), visited the mammoth Murantau open-pit gold mine in this Central Asian republic and immediately recognized the potential r…