Peopel (February 20, 1989)
ASARCO — William T. Sweat has retired after 32 years with the company.
Articles by Northern Miner Staff
Petromet and partners extend zone at Rambler
Drilling has traced a zone of copper-gold mineralization down dip to a depth of 600 ft on the Rambler property. Situated in Newfoundland, the Rambler property is being explored by a joint-venture grou…
Toronto Stock Exchange Crumbling gold prices pummel gold index
The mini-rally displayed by the gold and silver index last week came to a quick death today as 95.73 pts were erased from the index, depressing it to 5847.48 pts. In prior days, traders bought in the …
Deak given right to deal Nuinsco Resources shares
Toronto-based Deak International Resources Holdings has been granted an option to deal its holding in Nuinsco Resources (TSE) to affiliate Deak International Resources. Under an agreement, Deak Holdin…
Transgold, Cline program
A $100,000-exploration program has been recommended for the 17-claim Cline East property held by partners Cline Development Corp. (VSE) and Transgold Resources (COATS). Located near Lochalsh, Ont., th…
Tundra drilling (February 20, 1989)
Tundra Gold Mines (VSE) is operating two drill rigs on its 2,400-acre McKenzie Break property in Quebec. Drilling has returned encouraging results from two mineralized zones. Results include 1.3 ft gr…
B.C. & Yukon Chamber of Mines’ awards
British Columbia native Edward (Ted) Chisholm and Chester Millar were the recipients of the British Columbia and Yukon Chamber of Mines’ most presitgious awards. This year’s recipient of the annual H….
Feasibility study planned for Platoro mine project
The discovery of a new higher grade zone at the Platoro mine property in southern Colorado was among a number of recent positive developments prompting Panorama Resources (VSE) to initiate a prelimina…
Magnola tests process to extract magnesium
Up to $3 million will be spent over a 2-year period by Lavalintech Inc. to test a process to extract magnesium from asbestos tailings in the Thetford Mines area of Quebec. The testing is the second ph…
Yellow Band earning property interests
Options to acquire an interest in two properties in the Dolbeau area of Quebec have been acquired by Yellow Band Resources (VSE). Under an agreement with Sphinx Mining (ME), Yellow Band may acquire a …
Earnings Reports (February 13, 1989)
Nevada Goldfields Corp. (TSE) of Denver, Colo., reports a net loss for the 6-month period ended Dec 10 of $100,382(US) or 1 cents per share on net sales of $8.89 million. For the same period a year ea…
FUTURES PRICES Metal Prices (February 13, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb133.50 133.50 133.50 — 10.90 Mar132.70 128.20 131.50 — 11.40 Apr126.30 126.30 126….