BRIEFS Offering rejected
A rights offering by Explorations Minieres du Nord (ME) which would have raised up to $747,000 was turned down by the Montreal Exchange. The company says it is studying alternate financing means, incl…
Articles by Northern Miner Staff
Placer modifies mine plan
As a result of lower than expected head grades and higher than expected operating costs, joint venture partners Placer Pacific and ACM Gold have revised their mining plan for the Big Bell mine in West…
Books In Review
Innovation in Mining Backfill Technology is an excellent snapshot of the state-of-the-art of mining backfill worldwide. It consists of papers presented in a symposium at McGill University in Montreal,…
PEOPLE TYRANEX GOLD MINES
Robert Cudney appointed president and chief executive officer; Thomas Pladsen appointed treasurer and chief financial officer; Bruce Taylor appointed to the board.
U.S.REPORT Hecla earnings
Earnings for the first quarter ended March 31 for Hecla Mining (NYSE) were US$4.6 million compared with a loss of US$2.5 million in the corresponding year-earlier period. The improvement in results wa…
PEOPLE MINETA RESOURCES
Clemence Mallet appointed to the Board of Directors succeeding Alex Ritchie who resigned.
Kingswood work program
A summer exploration program has started on 405 claims owned by Kingswood Explorations (ASE) in the Eastmain River area of northeastern Quebec. The program will consist of stripping, blasting and samp…
PEOPLE BHP-UTAH MINERALS INT’L
Gillespie Robertson appointed senior vice-president, minerals marketing and services succeeding Charles McArthur who will retire June 30. Robertson will relocate to San Francisco.
PEOPLE NORGOLD RESOURCES U.S.
Steven Potter appointed president; Richard Graeme appointed vice- president Operations and Robert Schafer appointed vice-president Operations.
PEOPLE ASARCO (June 25, 1990)
John Likarish appointed manager of Hillsboro, Ill., zinc oxide plant.
Producers set to take over Lake Ponask
Shareholders of Producers Group, a private company, will take control of Lake Ponask Gold (TSE), according to a letter of intent signed by the two companies. As part of the deal, $285,540 of Lake Pona…
NO HEADLINE (June 25, 1990)
TEXT: Trader, Cabre in legal action Toronto-based junior Trader Resource (TSE) is being sued by Cabre Exploration (TSE). Trader says it has been served with a statement of claim by Cabre (formerly Br…