1989

Partners Consolidated TVX Mining Corp. (TSE) and Placer Dome Inc. (TSE) are planning to go ahead with the second stage of development at the La Coipa gold /silver mine in Chile. Toronto-based TVX, whi…

Since production began in 1983, Placer Dome’s Detour Lake mine has turned out more than half a million oz of gold. Pictured here with the gold bars that con tain the 500,000th oz are (left to right) T…

A new gold discovery has been made by X-Cal Resources (TSE) on the company’s Snowbird property near Fort St James, B.C. Located 1,600 ft east of the East zone, the new gold-bearing zone is within a gr…

Having solved a number of operating glitches at its Chetwynd, Nfld. gold mine, Hope Brook Gold (TSE) is currently grappling with a new problem that is obviously beyond its control. As a result of lowe…

Strike Minerals (COATS) has acquired 103 claims in Baden Twp., Ont. The claims are adjacent to a 28-claim block already owned by the company. An airborne geophysical survey has been completed.

I wish to point out some serious inaccuracies in your reporting of the Calpine Resources article on the first two pages of your July 24, 1989 issue. Your final paragraph reads in part, “The company’s …

Is Amax Inc. (NYSE) getting Falconbridge Ltd. (TSE) for a song or will the proposed $2.8-billion takeover handcuff Amax to a staggering debt for years to come? Much depends on the outlook for base met…

Toronto-based Ego Resources (TSE) has optioned a 17-claim gold- silver property near Brislane Lake, N.W.T., from Initiative Explorations (COATS). The agreement gives Ego the right to earn a 100% undiv…

The board of directors of base- metals producer Asarco Inc. (NYSE) has adopted a shareholder rights plan in which preferred stock purchase rights will be declared as a dividend at the rate of one righ…

“It’s a classic. It’s my life,” says Robert John Perry of the famed Dome Mine at Timmins, where he has worked for the past 30 years from shift boss to his present post of general manager. And indeed i…

Mining issues active Mining issues again fueled investment activity, with the mining and minerals index on the week jumping more than 154 pts during fairly heavy trading. Volume reached 11.9 million s…

Although its Kirkland Lake tailings operation will remain wholly- owned, Eastmaque Gold Mines (TSE) has taken on a joint venture partner for its American Girl gold mine located in southeastern Califor…