News


Assayers form joint venture

A joint venture operation has been announced by Assayers Corp. and Technical Services Laboratories. Since the beginning of the year, the joint venture has operated under the name Assayers Group. Both …


LETTERS TO THE EDITOR Engineers take responsibility

A recent letter published in your paper (T.N.M., 28/91) took some cheap shots at the profession of engineering. The letter “Engineers deserve a good swift boot,’ ” written by A. Chamot, not only blame…


PEOPLE American Mining Congress

Milton Ward re-elected chairman of the board; Allen Born re-elected vice-chairman and chairman of the AMC Finance Committee; Harry Conger, Robert Quenon, Richard de J. Osborne, Gordon Parker, Thomas M…


COATS (over-the-counter) Willingdon doubles

Willingdon Resources racked up impressive gains in the week ended Feb. 26, as more than 700,000 shares changed hands. While the company’s stock doubled in price to $1.50, President George Cross said h…


Minerex gearing for 1991 (March 04, 1991)

With the signing of a new joint venture agreement on the Aurora partnership and with legal disputes with its former mining contractor behind it, Minerex Resources (TSE) is gearing up for a prosperous …


Correction (March 04, 1991)

Parts of two lines were dropped inadvertently from the article New Ontario legislation targets previous owners” (T.N.M., Feb. 11/90). The correct version should have read: As well, the old Environmen…


IOCC GOLD OPTIONS; TORONTO STOCK EXCHANGE INDICES

Feb.26 Feb.25 Feb.22 Feb.21 Feb.20 HIGH LOW Composite “300” 3421.28 3445.62 3453.28 3471.87 3493.54 4009.47 3009.91 Metals & Minerals 3064.05 3091.80 3108.65 3133.43 3143.92 3453.06 2502.63 Integrated…


Environmental costs cut Asarco’s profit

Fourth-quarter net earnings of US$3.7 million (10cents per share) were reported by Asarco (NYSE), a 94% drop from $59.1 million ($1.42 per share) reported in the same period of 1989. Sales of products…



Mature markets hurt selenium growth

The established end-use markets for selenium are mature and no new major applications are foreseeable, according to research company Roskill of London. However, the firm expects demand growth to conti…


Review lowers coal price

A review of the contract price of Bullmoose coal for the period commencing April 1, 1989, has lowered the price to $88.26 per tonne. The Bullmoose mine in northeastern British Columbia is owned 61% by…


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