Small Quebec gold producer Louvem Mines (TSE) has received an offer to sell a half interest in its Chimo mine near Val d’Or, Que. Cambior Inc. (TSE) has entered into an agreement-in-principle to buy a…
Government — seems you can’t live with it and you can’t live without it. A couple of cases of government involvement — or lack of it — have come to mind recently warranting a pat on the back to th…
Cameco — A Canadian Mining and Energy Corp. realized earnings of $52.8 million on sales of $236.5 million in 1988. The company, which was formed from the merger of Eldorado Nuclear and the Saskatchew…
An option to acquire a 55% interest in the Bourlamaque property of Mid-Canada Gold and Copper Mines (ME) in northwestern Quebec has been acquired by Kingswood Explorations 1985 Ltd. (ASE). Kingswood m…
The toughest environmental legislation on the continent is said to be in California. But Ontario’s Environment Minister, James Bradley acts as if he is trying to better the Golden State. Ontario’s Mun…
The annual report on Arizona’s copper industry covering the year 1987 is now available. Special Report No 14, The Primary Copper Industry of Arizona in 1987 covers production, stripping ratios, ore gr…
When Brunswick’s No. 12 mine Wcame into production at a rate of 4,500 tonnes per day in 1964, a mine life of about 25 years was forecast. Today, 25 years later, mining at a rate of 10,500 tonnes per d…
Audrey Resources (TSE) and joint venture partner Minnova Inc. (TSE) are planning to announce a reserve update at their Mobrun polymetallic mine near Rouyn-Noranda, Que. Mine manager Jean Bailly refuse…
Toronto-based American Barrick Resources (TSE) has successfully closed its 1,050,000-oz gold loan agreement which is designed to finance a $365(US) million development program at the Goldstrike mine i…
While the name is certainly eyecatching, there is apparently no connection between Toronto-based Guinness Gold Resources and the well known Irish brewer. Nevertheless, an attempt by Guinness Gold to c…
As a member of the Space Studies Institute (but not an official spokesperson), I was interested to see the editorial regarding lunar mining (N.M., Mar 20/89). May I comment? It is true that as a post …
Stumbling metal prices in February contributed to a decline of almost 1% in Scotiabank’s all- commodity price index for that month. “Industrial metal prices moved down in February and March from high …
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