News


Montreal Exchange Hot Freewest find

Drilling of Freewest Resources’ Benoit Twp. property near Miquelon in northwestern Quebec continued to return wide widths, the company reported. For the week ended Feb. 19, shares of the junior rose t…


Best output at Con in 50 years

The Con mine produced 117,116 oz. gold in 1990, establishing a new annual production record for the underground operation which has churned out gold for more than 50 years on the outskirts of Yellowkn…


Numac Listing

Numac Oil and Gas, an oil and gas producer in Western Canada that has a 15% interest in the developing Midwest uranium deposit in Saskatchewan, recently listed for trading on the Montreal Exchange.


Parklake purchase

Junior Parklake resources (TSE) reported an agreement to purchase, through a 70% owned subsidiary, most of the assets of the Steak Shop, a franchise chain of frozen bulk- packaged quality meats, poult…


Keevil named to Business Hall of Fame

The late Norman Bell Keevil has been named a member of the Canadian Business Hall of Fame. He and five other laureates will be inducted April 11 by Junior Achievement of Canada. Keevil, who died in la…


Noranda increases reserves at New World gold project

After incorporating all the data from the 1990 field season, a unit of Noranda (TSE) has released final preliminary reserve figures for the New World gold-silver-copper project near Cooke City, Mont. …


RTZ to close UK tin smelter

London-based RTZ (NYSE) is closing its wholly owned Capper Pass tin smelter at Ferriby, North Humberside, England, because of deteriorating commercial conditions. The controlled closure is expected to…


Barrick’s Munk exercises option

American Barrick Resources'(TSE) flamboyant Chairman Peter Munk recently showed his colleagues just why he is regarded as the golden boy of the Canadian mining industry. As revealed by the Ontario Sec…


Montreal Exchange: New life for Eastmain

New life has been breathed into the Eastmain gold project in northwestern Quebec near James Bay. Property owner MSV Resources has struck a joint venture deal, subject to regulatory approval, with Mest…



Westpine releases reserve estimate

A preliminary mineral inventory calculation was released by Westpine Minerals (VSE) for the Lower North zone of the Empress showing on the Taseko copper-gold property, 140 miles north of Vancouver, B….


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