Dickenson’s first quarter encouraging
Higher gold production and lower costs at its Arthur White mine, near Red Lake, Ont., have enabled Dickenson Mines (TSE) to post higher revenues and earnings during the first quarter. Earnings for the…
News
Miramar readies for production
A feasibility has prompted Miramar Mining (VSE) to proceed with plans to mine the Bonanza zone at its Golden Eagle mine near Virginia City, Nev. Miramar owns a 60% interest in the property while its 1…
Suppliers get serious about export market
Canadian producers of mining equipment and services are getting serious about marketing their know-how beyond their borders. And they are beginning to see the advantages of a co-operative, joint marke…
LETTERS TO THE EDITOR — B.C. ministry weak, unsupportive
Having read the British Columbia government’s A Mineral Strategy for B.C. — Discussion Paper, March, 1993, I can only conclude that the first half of the paper is a realistic appraisal of the problem…
Premier urges mining companies to market abroad
Ontario Premier Bob Rae urged Canadian mining companies to increase their foreign exposure, at a recent “Meet the Miners” reception at the Royal Ontario Museum in Toronto. Rae said that while his gove…
LAST BUT NOT LEAST — Saudi royal sells Horsham block
Prince Nawaf of Saudi Arabia has sold four million shares of Horsham (TSE) at US$11.62, cutting his ownership of the investment company in half to 4.5%. The shares were sold on the New York Stock Exch…
Gold Funds (June 07, 1993)
BGR Central Net Value $12.49 $5.89 Price $11.50 $6.375 Discount 7.95% 8.2% Value $69,978,000 $107,254,913…
NEWS IN BRIEF (June 07, 1993)
Akiko-Lori Gold Resources (AKI:VSE) and Omega Gold Corp. (OGC:VSE) have amalgamated to form Akiko Gold Resources Ltd. (AKI:VSE) with a consolidation of capital as follows. Shareholders of Akiko-Lori r…
Metrology study
Metrology in Mining and Metallurgy 1: Precision and Bias for Mass Measurement Techniques, published by Matrix Consultants, Box 697, Station A, Vancouver, B.C. Metrology, the science of measurement, de…
Financing (June 07, 1993)
Braiden Resources Ltd. — 500,000 units @ 61 cents and each unit consists of sh and 2 series A wts and 2 series A wts purchase sh. Golden Ring Resources Ltd. — 1,000,000 units @ 40 cents and each uni…
250 idled at Kidd Creek
Falconbridge will lay off 250 workers at its Kidd Creek complex in Timmins, Ont. A downturn in base metal prices has caused the layoffs, according to the company, a unit of Noranda (TSE) and Trellebor…
Base metal woes — New business plan for Trail
A long-range plan to ensure the financial viability of its smelter complex at Trail, B.C., has been unveiled by Cominco (TSE). Last year’s plan, laid out by the province’s job protection commissioner,…