PDAC plans symposium to precede convention
The Prospectors and Developers Association of Canada will hold a symposium on computer treatment of exploration and mining data at Metro Toronto Convention Centre, March 9-10, 1990. Also available at …
1989
Aur, Louvem fight will stall project Noranda officer says
Underground exploration will not begin at the copper-zinc discovery of Aur Resources (TSE) and Societe Miniere Louvem (TSE) until a legal dispute involving the two companies is settled, says a top Nor…
Alberta Stock Exchange Gold issues lacklustre
The price of gold may have risen above $400(US) for the first time since January, but the yellow metal’s return to health wasn’t really reflected in Alberta share prices for the week ended Nov 21. Man…
Placer Dome/Tundra drill Val d’Or bets
Three drills are at work on the McKenzie Break group of properties held by joint venture partners Placer Dome (TSE) and Tundra Gold Mines (VSE) near Val d’Or, Que. Situated 15 miles northeast of Val…
VSM, Serem double reserves at Grevet M find
VSM Exploration (ME) and partner Serem Quebec have more than doubled reserves at their Grevet M property in Quebec. Following the completion of exploration work to the end of October, the partners hav…
Northgate companies make progress on varied North American
Over the last two years Northgate Exploration (TSE) has spent in excess of $180 million and been involved in about 14 investments and acquisitions, which probably give it the honor of being North Amer…
Homestake find near Lupin Mine gets confirmation
A subsidiary of Homestake Mining (NYSE) recently confirmed long-standing rumors that a major “Lupin-type” gold deposit was discovered in the Northwest Territories. Robert Boyd, director of Canadian ex…
Giant Yellowknife faces sale to Frame Mining
Major gold producer Giant Yellowknife Mines (TSE) and its associated Pamour group companies may have a new owner by the end of the year. Parent company Giant Resources of Australia has entered into a …
Westmin earnings dip
Earnings for Vancouver-based Westmin Resources (TSE) dropped to $1.1 million for the third quarter from $4.1 million the previous year. After preferred dividends are accounted for, the company lost 8 …
Canamax tallies third quarter loss
A net loss of $2 million or 11 cents per share was reported by Canamax Resources (TSE) on revenues of $12 million for its third quarter ended Sept 30. These results, which include proceeds from the …
Rio Algom ends talks with Uranium Resources
Negotiations between Rio Algom (TSE) and Uranium Resources (TSE) for a proposed takeover of Uranium Resources by Rio Algom were terminated. The two companies had previously signed a non-binding letter…
Euro, Goldhurst deal
An agreement in principle has been signed between Goldhurst Resources (VSE) and Euro- Nevada Mining (TSE) which gives Euro-Nevada the right to buy 50% of Goldhurst’s royalty in the Mouska gold project…