Matachewan spill proving costly
Matachewan Consolidated Mines (TSE) is preparing to defend itself against a recent government order to clean up tailings material that spilled into the Montreal River in October, 1990. To pay for the …
News
Greenstone, Boliden expect to open gold mine in Panama in early
Less than a year after bringing its Oronorte property in Columbia into production, Greenstone Resources (TSE) is getting ready to hatch a second Latin American gold mine. At a capital cost of US$17.6 …
Sask. preference for northerners
A human resource development agreement has been signed by the Saskatchewan government’s education ministry and Minatco under which the latter will hire, train and promote “northerners” at its mining o…
GOLD FUNDS (September 16, 1991)
BGR Central Net Value $8.41 $4.85 Price $7.38 $4.350 Discount 12.28% 10.3% Value $50,059,635 $73,185,705…
FINANCING (September 16, 1991)
Wiscan Resources Inc – 2,500,000 units consisting of 1 sh and 1 Series C wt offered @ 30 cents per unit.
Audrey, Minnova reach agreement on Mobrun
Having reached a new agreement, Audrey Resources (TSE) and partner Minnova (TSE) are set to commence further exploration and development work at the Mobrun polymetallic mine near Rouyn-Noranda, Que. S…
Newhawk reports results from drilling at Sulphurets
More assay results were released by Newhawk Gold Mines (TSE) from a recent surface drill program aimed at testing a number of bulk-tonnage targets on the Sulphurets property north of Stewart, B.C. The…
EDITORIAL PAGE (September 16, 1991)
This country can’t afford the labor dispute its army of public servants have thrust upon it, the largest strike in our history. But even less can it afford to do other than support the government’s ef…
PRODUCER PRICES (September 16, 1991)
ALUMINUM: MW U.S. market US57.50-58.25 cents per lb. (Aug. 15, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (July 18, 1991). CAD…
OBITUARY (September 16, 1991)
A longtime member of the Canadian mining community, Denis Bridger, ACSM, PEng, died recently at White Rock, B.C. Born in Johannesburg, South Africa, in 1922, Bridger’s mining career began in Africa wh…
U.S. REPORT (September 16, 1991)
Westland Minerals Exploration, a subsidiary of New York-based DRX Inc. (NASDAQ), has found a partner to replace Glamis Gold (TSE) at its Commonwealth gold project in Arizona. Located in Cochise Cty., …
Infill drilling at Tulsequah confirms continuity of grade
Initial results from infill drilling at the Tulsequah Chief property in northwestern British Columbia are confirming the deposit’s continuity at grades similar to those released in reserve estimates. …