1989

Drilling on targets near old workings has resumed at the Normetal zinc-silver property in Perron and Desmeloizes twps. in northwestern Quebec, Normetal Mining Exploration (ME) and La Sarre Mining Expl…

Agnico-Eagle — M. Drutz bought 36,000 (Dec., Jan.) @ $11.63-$12.88 to hold 37,000. Atlantic Goldfields — Waverley Asset Mgmt sold 1,836,000 (Feb., private) @ $1.10 to hold 568,233. Belmoral — Belmo…

New base metal discoveries are needed if Canada is to maintain its position as a major supplier of such minerals to world markets, says a federal government officer with Energy, Mines and Resources Ca…

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 14 Mar 13 Mar 10 Mar 9 Mar 8 Copper 1860…

Backed by a new controlling shareholder, directors of Atlantic Goldfields (COATS) have decided not to go ahead with a proposed merger of the company with Jascan Resources (TSE). Instead Atlantic annou…

Diana Resources (VSE) has signed a joint venture agreement with Yellow Band Resources (VSE) involving the former’s 28-claim property in the Lac St. Jean area of Quebec. Yellow Band may earn up to a 50…

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)….

A new gold discovery has been made on the Casa Berardi property held by Inco Gold and Golden Knight Resources (TSE). Located in northwestern Quebec, the discovery is 1,600 ft northeast of the Casa Ber…

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…

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…

Placer Dome Inc. (TSE) has acquired an option on the McKenzie Break gold property held by Tundra Gold Mines (VSE). The 406-claim property is in Fieldmont and Courville twps., about 15 miles northeast …

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 …