News

Toronto Stock Exchange (September 18, 1989)

The gold and silver index took a beating, sliding more than 42 pts or 0.71% to 5985.23 pts. The dip below the 6,000-pt mark was the first in several weeks. Gold bullion was an uninspiring $358.50(US) …


Yellowstone acquires Idaho gold prospect

A gold-silver property in central Idaho’s Custer and Lehmi counties has been acquired by Yellowstone Resources from Denison Mine (US). The property covers ground in both northern Custer Cty. and sout…


Cal Graphite near production, Stratmin expands mill

A producer of crystalline flake graphite in Quebec is well advanced in its plans to build a second mill, while a company in Ontario is preparing to enter graphite production by the end of this year, T…


Geddes looking at options available at Windy Craggy

With a $13-million exploration program at its Windy Craggy polymetallic project in northwestern British Columbia under way, Toronto-based Geddes Resources (TSE) is moving at full speed to have a pre-f…



Lawyers mine meets expectations

The Lawyers gold-silver mine in the Toodoggone district of north-central British Columbia is continuing to meet the expectations of owner/operator, Cheni Gold Mines (TSE). Since the start of commercia…


Garrison joint venture has reserve estimate

A preliminary estimate of gold reserves has been released by Perrex Resources (ASE) for the Garrison Twp., Ont., joint venture with LAC Minerals (TSE) and Silverside Resources (TSE). Perrex reports th…


Coeur d’Alene Mines adds up profits

Despite low precious metal prices, Coeur d’Alene Mines (AMEX) continued to add up profits in the second quarter of 1989 largely because of the efficiency of its gold and silver mines. During the perio…


Hanson Lake Project

FLIN FLON, Man. — A mine feasibility study is set to begin in November on the Hanson Lake zinc-copper deposit about 35 miles west of here, The Northern Miner learned while examining the project. Loca…


Noranda names successor to Falconbridge’s James

Noranda Inc. recently named one of its longest-serving senior executives as a successor to Bill James as president of Falconbridge Ltd. James will resign his position Sept 22 along with all of the Tor…


Gibraltar

“Having worked at many mining operations both in Canada and internationally — underground and open pit — I’ve found each a unique and exciting experience. Too, my career in this industry 0000,0600 …


What happened to NSR and O’Brien Energy

Would you please provide me with some information on NSR Resources and O’Brien Energy & Resources as I have a few thousand shares of these two junior companies? A.K., Lachine, Que. Here I go again…


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