1989

Pacific Trans-Ocean Resources (ASE) President Frank Agar and a number of the company’s leading executives face an uncertain future following a recent bid by Belmoral Mines (TSE) of Toronto for the tro…

Mining operations at the Murdochville copper mine will resume in the first quarter of 1989, Noranda Inc. (TSE) says. The mine, located at Murdochville, Que., was shutdown in April, 1987 after a fire d…

Hemlo Gold Mines (TSE) is a firm believer in the Mishibishu gold camp west of Wawa, Ont. The big gold miner is taking down a 750,000- share private placement in Central Crude Ltd. (VSE) at a price of …

USMX Inc. (NASDAQ) of Lakewood, Colo., reports a net loss for the 3-month period ended Sept 30 of $252,000(US) or 2 per share on revenue of $1.81 million. For the same period a year earlier the compa…

For those environmentalists who think mining is nothing more than a blight on the land doing untold damage, consider these numbers provided by the government of Ontario, the country’s most active mine…

In a week when investors were still enjoying the Christmas vacation, volumes were seasonally light and only a handful of issues made any real progress. As losses far outweighed the number of gains dur…

Noranda Inc. (TSE) said it has filed with the Toronto Stock Exchange and the Montreal Exchange a notice of intention to make normal course purchases of up to 3,122,490 subordinate voting shares (10%) …

London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 27 Dec 26 Dec 23 Dec 22 Dec 21 Copper N/A N/A 1…

Calgary-based Octan Resources (ASE) has completed the acquisition of Terra Mines’ (TSE) Camsell River assets in the Northwest Territories which were shut down due to low silver prices in 1985. They in…

Mining came into the 1980s fat with debt. Now, according to all indications, the industry is closing out the decade lean (in terms of debt-to-equity ratios) and tough (ready to take on the competition…

The life of off-highway tires has Tquadrupled in the space of a few Tdecades. Science and technology involving chemistry, mathematics, physics, mechanics and electronics have brought tires a long way…

Matt Berry Mines has perked up recently, and this week saw moderate trading activity in the 25 to 43 range. Volume was 163,700 shares. A few weeks ago, this issue had been trading as low as 13 cent…