Garnett named MILUS chairman
The new chairman of MILUS, or Mining Industry Land Use Strategy, is J.A. (Jack) Garnett. MILUS is a collective initiative of the Mining Association of Canada, the Prospectors and Developers Associatio…
News
Kettle River a jewel for Echo Bay, Crown
The Kettle River project is the newest operating mine in Washington State, and owners Echo Bay Mines (TSE) and Crown Resources (VSE) appear to be pleased at how smoothly the operation came on stream. …
Kingswood pulls good values on Devon bet
Toronto-based Kingswood Resources (ASE) has reported encouraging gold values from two recently completed holes on the Devon property in Beatty Twp., east of Matheson, Ont. Kingswood is earning a 70% i…
Reserve estimate announced for Eskay Creek
A long- awaited independent preliminary calculation of reserves and grade was announced by Calpine Resources (VSE) and equal partner Stikine Resources (TSE) for the 21 zone discovery on the Eskay Cree…
Vancouver Stock Exchange Bulls favor the yellow metal
Despite continued strength in gold bullion prices, the Vancouver Exchange followed the New York and Toronto markets’ general direction, dropping 15.34 points to finish the period ended Feb. 20 at 725….
Gold funds as of Feb. 13
MVP BGR Central Capital Net value $12.72 $6.53 $0.43 Price $11.50 $6.88 $0.40 Discount 9.59% 5.3% 7% Value$75,719,542 $109,925,672 N/A…
Metals News in Brief
World crude steel output rose to a record high of 783.5 million tonnes in 1989, up 0.5% from the previous year, according to preliminary figures released by the International Iron and Steel Institute….
News in Brief (February 19, 1990)
Muscocho Explorations (TSE) has changed its transfer agent to Royal Trust Co.
GBryndon financing
Bryndon Ventures (TSE) has completed a $150,000 financing through a private placement of flow- through shares. The money will fund exploration on Bryndon’s gold prospect in northwestern British Columb…
Doe Run record
Doe Run’s smelting division set a safety record in 1989, with an on-the-job safety performance of 1.1 lost-time injuries per 200,000 man-hours worked, according to John FitzSimmons, general manager. T…
Focus on planning and equiipment
The second international symposium on mine planning and equipment selection in surface mining, organized by the University of Calgary, Centre for Mineral and Energy Technology (CANMET), Devon, Alta., …
Anglo seeking funds
At a recent meeting of Anglo Canadian Mining’s (VSE) shareholders, approval was granted for the acquisition of a 51% interest in the MWF gold property in Matheson Twp., near Timmins, Ont. A $250,000 e…