Queries Kancana Ventures
I would like to know about a company called Kancana Ventures Ltd., which last year consolidated its share capital on a one-for-three basis and changed its name from Consolidated Knobby Lake Mines. Doe…
News
Ontario Mines Ministry names consultant for Toronto study
The Ontario Ministry of Northern Development and Mines (OMNDM) has recently appointed a consultant to study the requirements of a Toronto-based client services centre. With a major relocation to Sudbu…
East West ships con from Caribou
A 6,734-tonne shipment of base metals concentrates, containing about $5.5 million worth of zinc, lead, gold and silver, is on its way to England from the Caribou mine in northern New Brunswick. Owned …
Image problem impacts Bond Intl Gold shares
Despite having established a solid record of performance in the first quarter of this year, Bond International Gold (TSE) is still struggling with a severely depressed share price when compared with i…
Vedron completes exploration at Fuller
Exploration work completed by Vedron Ltd. (TSE) on the company’s Fuller gold property has identified the potential for 1.5 million tons of ore to a depth of 1,500 ft. This assessment is based on surfa…
Baloil reports good results from old Kootenay producer
Calgary-based oil producer Baloil Resources (ASE) which recently diversified into metal exploration has reported some encouraging results from its Sumit claims in the Kootenay, B.C. region. Baloil is …
Hudson Bay mining Chisel Lake crown
Zinc ore production from the crown pillar at the Chisel Lake mine in Snow Lake, Man., has hit its scheduled pace. Owner and operator Hudson Bay Mining & Smelting (TSE) reached planned production rates…
Metal Prices PRODUCER PRICES (March 20, 1989)
ALUMINUM: MW U.S. Market 97 cents – $1.00(US) per lb. (Feb 16, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.40-$6.60(US) per lb (Feb 16, 1989)….
Gold funds as of March 7
BGR Goldcorp Central MVP Capital Net value $11.99 8.83 6.44 0.80 Price $9.75 5.875 5.62 0.62 Discount $ 18.68% 33.5% 12.7% 22….
Photo by George Onuska (March 13, 1989)
Maurice Brown, right, publisher emeritus of The Northern Miner, was presented with a distinguished service award by the Prospectors and Developers Association of Canada at the association’s annual ban…
Cominco/Redfern reserves
Inferred reserves at the Tulsequah Chief project in northwestern British Columbia have been calculated at 1,602,000 tons of 2.39% copper, 1.09% lead, 5.45% zinc, 0.078 oz gold and 2.58 oz silver by Co…
FINANCING (March 13, 1989)
Hisway Res Corp — gross proceeds rec $270,000. Sheba Copper Mines — gross proceeds rec $316,867.08 Premier Gold Res Inc. — min 500,000 offered @ 45 cents per sh. Golden Grail Res — 650,000 offere…