1989


Uranerz Exploration to view Varna bets

Calgary-based Varna Gold (ASE) has signed an agreement with Uranerz Exploration and Mining of Saskatoon which could result in the development of one or more of Varna’s exploration properties. Under th…


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…


Copper conference

The Metals Week copper conference will be held Dec 11-12, 1989 in La Costa California. Entitled “Preparing for the Worst,” the conference will look past the current booming market for copper to examin…


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 …


INSIDER TRADES (July 10, 1989)

Antelope Res. — D. Brynelsen bought 24,500 (May) @ 70 cents -85 cents to hold 539,700. Barron Hunter — J. Hargrave sold 277,000 (May, June) @ 4 cents -5 cents to hold 2,348,200. S. Hargrave sold 23…


Taywin exploring old mine for copper/gold

The Merry Widow open pit iron mine near Port McNeill, B.C., is being explored by Taywin Resources (VSE) for its potential to host copper/precious metal reserves. The former producer is part of an asse…


Ontario schools funded

Grants worth $500,000 to seven Ontario universities have been announced by the provincial Ministry of Northern Development and Mines. The money will fund projects studying ways to improve mineral expl…



Inco team wins award

A team of scientists from Inco Ltd. who developed an innovative process to destroy cyanide in industrial effluents has been awarded an industrial technical achievement award. The 7-member team from In…


Golden Shield shuts Kerr mine (July 10, 1989)

The Kerr mine in Virginiatown, Ont., has been closed and the owner, Golden Shield Resources (TSE), has filed for bankruptcy. The company, which purchased the Kerr Addison mine in 1987 for $38 million,…



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