Obituary A.G. Roach
A. G. “Gerry” Roach, a prominent metallurgist and member of the Canadian Institute of Mining and Metallurgy, died recently after a battle with cancer. Roach was born in 1904 and graduated from Queen’s…
News
Toronto Stock Exchange Metals issues help composite above 4,000-pt
After continuing to rally to new highs this week, the composite, metals and gold indices retreated to close at 4003.67 pts, 3717.92 pts and 6361.9 pts respectively. Daily volumes remained firm above t…
Teck leases Centurion gold-silver claims
Teck Resources Inc., a wholly- owned subsidiary of Teck Corp. (TSE), has leased a 5,000-acre mining claim owned by Centurion Mines Corp. (NASDAQ) of Salt Lake City, Utah. The property is in the West T…
Earnings Report (August 14, 1989)
TSE-listed Euro-Nevada Mining posted a net profit of $121,000 or 1 cents per share in its first quarter ended June 30. In the same period last year the company lost $605,000 or 7 cents per share. Rev…
Computer analysis reveals new reserves at Cochenour
A $4.7-million underground and surface exploration program is expected to be completed within two months on the former producing Cochenour Willans gold mine property near Red Lake, Ont. Project partne…
Manitou tailings could be profitable: study
Environmental regulations relating to containment of potentially hazardous material at Societe Miniere Louvem’s (TSE) Manitou tailings project, could prevent the company from starting production until…
Golden Day, Inlet commence field work
Field work is under way on the Dean Creek gold property 35 km west of Red Lake, Ont., Golden Day Mining Exploration (ME) and Inlet Resources (ME) report. Mapping and trenching work is to be completed …
X-Cal finds new zone
Surface work by X-Cal Resources (TSE) on its 100%-owned Snowbird property near Fort St. James, B.C., has located a new gold bearing zone parallel to an earlier discovery in the East zone area. The com…
Teck, Cominco Ltd. close Aur purchase
Vancouver-based affiliates Teck Corp. (TSE) and Cominco Ltd. (TSE) have completed the first part of an agreement under which they will acquire 3.3 million Aur Resources (TSE) shares at $10.75 each. Th…
Asarco options Cross Lake bet
A Lac St. Jean area property owned by affiliated companies Cross Lake Minerals (VSE), Glen Auden Resources (TSE) and Tarzan Gold (ASE) has been optioned by Asarco Exploration Co. of Canada. The proper…
People (August 14, 1989)
BELLWETHER RESOURCES — Gary W. Daradich appointed a director.
Noranda ponders its options in Amax bid for Falconbridge
The next move in the Amax Inc. (NYSE) takeover bid of Falconbridge Ltd. (TSE) would appear to belong to Noranda Inc. (TSE). The mining and forestry giant, which is Falconbridge’s largest shareholder w…