Dickenson raising White mine output
A slight increase in gold production at the White underground mine near Red Lake, Ont., helped keep earnings steady for Dickenson Mines (TSE) in 1989. The company recently reported net earnings for th…
Articles by Northern Miner Staff
Spirit Lake deals to fund Edwards bet
Spirit Lake Explorations (ME) of Toronto says it has finalized a flow-through share financing with Q-Vest 1989 Mining Exploration of Montreal for $225,000 at $1.85 per share. In addition, private plac…
Toronto Stock Exchange Investors take cover as CEIP killed in
Investors continued to stay out of the market today, Feb. 21, as they waited for the dust to settle on Federal Finance Minister Michael Wilson’s sixth budget. Designed to trim the deficit from $30.5 b…
Platinum producers merging interests
Two major companies operating in South Africa, Impala and Lonrho, are consolidating their platinum interests. Impala, that country’s second largest platinum producer, will swap control of its developi…
U.S. Report Eagle Lake in Nevada
Drilling is under way on a gold property near Eureka, Nev., being explored by Eagle Lake Explorations (ASE), following the signing of a recent option agreement with American Ruby Mines. According to E…
GSC colloguium held in Ottawa
Some 700 geologists recently attended the Geological Survey of Canada’s first Minerals Colloquium in Ottawa. Explorationists presented case histories of borehole geophysical studies on Canadian precio…
Mineral production in Que. up 13%
Mineral production in Quebec during 1989 increased on average by 13%, while sales of the province’s minerals rose by 3.8%, to $2.8 billion, from 1988 levels. Sales of copper, zinc and gold rose by 26%…
Inco donates $1 million to Queen’s
A gift of $1 million to provide students in the department of mining engineering at Queen’s University in Kingston, Ont., with modern laboratory facilities has been pledged by Inco (TSE). Spread over …
Startup troubles reported at Cominco smelter, Red Dog
Startup difficulties have plagued the new lead smelter owned by Cominco (TSE) in Trail, B.C., where the company has been experiencing problems since mid-December. The primary operating problem is asso…
Editorial Exploration could use more support
The mining industry in Ontario is a multi-billion-dollar contributor to the province’s economy and a significant contributor to Canada. To find the mines of tomorrow necessary to continue that role, e…
News in Brief (February 26, 1990)
Golden Titan Resources and 182 Dynamic Endeavors Inc. have amalgamated to form Titan Pacific Resources Ltd. (TPZ:VSE). Golden Titan shareholders receive one new share for 0.2 old shares held; 182 Dyna…
U.S., USSR market mining technology
An agreement was signed last November by a large Soviet gold mining association and an Alaska company to combine mining technology developed on both sides of the Bering Straits. Severovostokzoloto of …