RFC dewatering program starting at Pend Oreille
Preparatory work for a major dewatering program is under way at RFC Resource Finance Corp.’s (VSE) Pend Oreille zinc mine in Washington State. The company has an option to earn a 100% unencumbered int…
News
FINANCING (July 10, 1989)
Canmark Int’l Res — min 600,000 offered @ 40 cents per sh Liberty Gold Corp — min 400,000 offered @ 44 cents per sh Broadwater Devel — 650,000 sold for gross $260,000 Cannelle Expl — min 625,000 …
Letters to the Editor Juniors quick to accept rock mechanic
You editoria o Ma 1 (Roc mechanic researc shoul b pu to use), while accurate in extolling the merits of applying numerical modelling techniques to mine design, did a great disservice to the efforts of…
Report studies mining’s use of chemicals
The mining industry will provide a healthy boost to chemical producers in 1990 as new ore processing methods are developed that require new chemical compounds, says chemistry industry consultants Hoch…
Win-Eldrich needs $3.1 million for Nevada gold mine
Armed with a positive feasibility study for its Ashdown gold deposit in Nevada, Win-Eldrich Mines (TSE) is pondering ways to raise the $3.1 million(US) needed to begin production at the proposed open …
Goldfields, Hanson merger may spark battle for Newmont
Consolidated Goldfields PLC has agreed to a merger with Hanson PLC, both British companies, in a $5.5-billion deal that might ignite a round of bidding for Newmont Mining (NYSE) and its Carlin Trend g…
Battle for Atlanta still not over
The battle for control of Atlanta Gold Corp. (TSE) took another turn as U.S. Gold Corp. (NASDAQ) challenged the validity of certain proxies voted in favor of management at Atlanta’s recent annual meet…
Centurion/Western States joint venturing new mine
Adding to its board of directors appears to have been an astute move for Centurion Gold (NASDAQ). After years of indecision the company has finally moved to exploit the potential of its long dormant Z…
Minieres du Nord expands holdings
Concentrating its exploration efforts last year in the Matagami region of northwestern Quebec, Minieres du Nord (ME) has enlarged its main Isle-Dieu Twp. gold property and acquired by staking new prop…
Colony Pacific plans underground program at Blue Moon
Before Colony Pacific Explorations (TSE) can start a deep underground exploration program at the Blue Moon polymetallic project in California, it, like all companies operating in this environmentally …
Monique jumps 21 cents
Volume leader, once again, was Societe Miniere Louvem which recovered from a stumble late last week to close at $4.35. Louvem’s recent annual meeting drew a fullhouse as shareholders clamored for info…
Significant find at Cannon mine
A new mineralized trend, which Asamera Minerals (TSE) says extends for more than 14,000 ft and is still open to the south, has been identified on the Cannon mine property at Wenatchee, Wash. Asamera h…