Teck builder Norman Keevil dies at age 78
With the passing of Dr Norman Bell Keevil, O.C., on Oct 9, 1989, the Canadian mining industry and business community lost a distinguished and dynamic leader. Best known for building Teck Corp. into o…
Articles by Northern Miner Staff
United Gunn shares profits from copper mining projects
A 30% interest in the Cuisson Lake Mines copper project in British Columbia has paid off nicely for United Gunn Resources (VSE) which has been chalking up healthy dividend payments over the past few y…
Mt. Milligan focus of lawsuit betweeen PB and Continental
The Mt. Milligan bulk tonnage gold-copper project near Fort St. James, B.C., has become the focus of a legal dispute between joint venture partners, Continental Gold (VSE) and BP Resources Canada. BP …
People (October 16, 1989)
SIEMONT RESOURCES–Charles P. Neild appointed president.
Ned Goodman at CIM
Ned Goodman, the chairman and founder of Corona Corp., one of Canada’s largest gold producers, will be the guest speaker at the Canadian Institute of Metallurgy — Toronto Branch luncheon on Oct 19. S…
American Reserve raises fuinds for Paymaster work
Vancouver-based American Reserve Mining (VSE) has entered into a financing agreement with CMP 1989 II Resource Partnership for the sale of flow-through shares worth $1.4 million. The share purchase pr…
Perrex flow-through
Calgary-based Perrex Resources recently entered into an agreement with NIM Resource — 1989 and Co. Ltd. in which Nim is subscribing for $500,000 common shares of Perrex. Proceeds of the subscription …
Metal Prices FUTURES PRICES (October 09, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct130.00 129.40 129.55 + 6.65 Nov– — 127.45 + 6.05 Dec126.95 125.30 125.95 + …
Cameco, Uranerz report diamonds in kimberlite find
Cameco and Uranerz Exploration and Mining have made a kimberlite discovery on their Fort a la Corne diamond property 60 km east of Prince Albert, Sask. The joint venture drilled a series of geophysica…
The old
Nerco Minerals has gone a long way in modernizing the Con gold mine at Yellowknife, N.W.T. At left is the old C-1 headframe while the new headframe is pictured on the right. The mine was purchased at …
Uranium share offering
A public offering of up to two million common shares is being planned by Uranium Resources (TSE). Offered only in Canada, the issue is being underwritten by Jones, Gable & Co. and Loewen, Ondaatje, Mc…
Toronto Stock Exchange Indices (October 09, 1989)
1989 Sept 26Sept 25Sept 22Sept 21Sept 20HIGH LOW Composite “300”3921.003901.243909.473901.343906.454019.623353.13 Metals & Minerals3647.743620.913643.463644.693667.363919.203207.50 Integrated mines…