1990

A provincial court has ruled that negligent management and improper maintenance procedures caused a spill of contaminated uranium mine water at Rabbit Lake, Sask., on Nov. 6 and 7, 1989. During a peri…

NOT A STRIKE IN CANADA A most significant announcement has been made by the Dept. of Labour in Ottawa, which reports that there was not a single strike or lockout in progress in Canada at the end of J…

Software system manufacturer Jonas & Erickson has appointed Robert Garbutt to the position of president and chief executive officer. Garbutt was recently senior vice-president at MAI Basic Four in the…

I would like to draw your attention to a regular column that we initiated with the June issue and that will become a fixture within these pages. We have called the column “Habitat,” which, to risk sta…

Amax Gold (TSE, NYSE) continues to post a strong operating performance, with second-quarter output up 29% to 91,654 oz., primarily due to excellent results at its new Wind Mountain mine in Nevada. It …

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) July 122.80 121.00 122.25 — 0.50 Aug 120.20 121.65 120.00 — 1.50 Sept 120.80 118.60 120.40 + 0.40 SILVER (in US…

The high-profile Eskay Creek gold region of northwestern British Columbia continues to attract more junior companies. One of the latest newcomers is Tyrae Resources, which following a recent change of…

Cons Carina — 900,000 sold for gross $450,000. Kendra Gold — gross proceeds rec $300,000. Preston Res — 1,200,000 offered @ 50 cents per unit. Rinsey Mines — gross proceeds rec $292,500. Ascot Res…

Crown Butte Resources (VSE) says it isn’t aware of any reason, other than market anticipation of drill results at its Montana project, why the price of its shares increased by $2.25 recently on heavy …

A new drilling campaign has started on the Douay gold property owned by joint venture partners Inco (TSE), Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The property is in the Casa Berard…

It appears that Southern Arizona Mining and Smelting’s bid for a 50% interest in the Chester Twp. gold property near Gogoma, Ont. is in jeopardy. James Hunter, a shareholder of property owner Gold Bar…

Toronto-based Black Hawk Mining (TSE) says it has acquired all the outstanding shares of First China Capital whose main asset is the Union nickel-copper deposit in the state of Maine. Based on 170 dri…