1989

An exploration program conducted by Corona Corp. (TSE) on Varna Gold’s (ASE) Mings Bight property in Newfoundland is focusing on two separate gold zones about 150-300 ft apart. As part of its plan to …

Inco Gold, a wholly owned subsidiary of Inco Ltd. (TSE), is encouraged with results from the Cochenour-Willans project near Red Lake, Ont., and plans to continue with drilling, bulk sampling and a fea…

The third annual conference on Workers’ Compensation, sponsored by the Employers Council on Workers’ Compensation, will be held at the Metro Toronto Convention Centre Nov 29. The conference will begin…

ALUMINUM: MW U.S. Market US79.00 cents – 80.00 cents per lb. (Oct 26, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…

An agreement has been signed between Northfield Minerals (ASE) and GSR Acquisitions, to purchase an additional 68.5% interest in the Larder Lake gold project near Kirkland Lake, Ont. GSR is acquiring …

Higher base metal prices helped Minnova Inc. (TSE) boost net income for the first nine months of 1989. A member of the Noranda group of companies, Minnova recorded net income of $4.4 million (31 cents…

Glencairn Explorations (ASE) plans to begin diamond production from its Feijao Cru project in Brazil by May, 1990, with full production at a rate of 240 cubic metres per day scheduled to begin by Sept…

The second phase of drilling is under way at the Summit gold project in New Mexico where partners Biron Bay Resources (ASE) and NovaGold Resources (TSE) recently discovered a high grade oreshoot withi…

Lower gold prices and production reduced earnings for LAC Minerals (TSE) during the third quarter ended Sept 30. For the period, the company earned $11.4 million or 11 cents per share, compared with …

New targets on its No 1, 2 and 3 Lozeau Twp. claims east of Matagami, Que., are undergoing drilling, Explorations Minieres du Nord (ME) reports. President Jean-Jacques Martel reports the drilling foll…

“Living in the Canadian High Arctic is a unique experience,” says W.H. McNeil, manager at Nanisivik Mines. Born in central Africa, he is a professional mining engineer with worldwide 0000,0600 experi…

Shareholders of Cassiar Mining (TSE) voted overwhelmingly in favor of a reorganization to make one of its subsidiaries the parent of the Cassiar group of companies. Although the transaction is still s…