Brenda sits on cash
With work continuing to dismantle its now-closed copper mine near Peachland, B.C., Brenda Mines (TSE) reported earnings of $1.6 million on revenue of $2.8 million for the first quarter ended March 31….
Articles by Northern Miner Staff
Grange looks for partners (June 03, 1991)
A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…
Mining starts at SB property
Mining began May 20 at the SB gold property near Stewart, B.C., a joint venture between Tenajon Resources (VSE) and operator Westmin Resources (TSE). Tonto Mining was awarded the contract for mining,…
Ontario celebrates Mining Week
The second annual Ontario Mining Week will be celebrated June 3-7 across the prov-ince in various communities through a variety of activities, including underground tours, career days, geological excu…
Noranda, Placer Dome open Mexican offices
North America’s top mining companies are moving in to take advantage of the Mexican government’s attempt to attract investment by allowing foreigners to purchase full control of local concerns. Norand…
Chilean government allows Placer to evaluate Andacollo
A wholly owned Chilean subsidiary of Placer Dome (TSE) was recently awarded the right to evaluate the feasibility of developing a mine at the Andacollo porphyry copper deposit in northern Chile. The a…
Tenajon, Royal Scot in merger talks
Associated companies Tenajon Resources (VSE) and Royal Scot Resources (VSE) recently agreed to start negotiations aimed at merging the two companies. Both companies have gold properties near Stewart,…
Cominco sells stake in Indian smelter
After-tax proceeds of about $2.4 million were realized by Cominco (TSE) from the recent sale of its 40% shareholding in Cominco Binani Zinc, a company which operates a zinc smelter in southern India. …
PEOPLE CHELAN RESOURCES (June 03, 1991)
Brian Koehn and George Graham appointed directors succeeding Luke Manicaros who resigned.
PEOPLE MOUNT ALLARD RESOURCES
Ed Gallagher appointed president and director; Frank Hogg and Avraham Elarar appointed directors.
Toronto Stock Exchange Barrick, Newmont talks spark Franco-Nevada
Talk of a possible merger involving Newmont Mining and American Barrick Resources provided a much needed shot in the arm to a long suffering gold sector during the week ended May 28. Accompanied by a …
PEOPLE CANDORADO MINES
Tony Erlank appointed director.