Casa Berardi property focus of a legal dispute
News of a gold find in Douay Twp. in the Casa Berardi area of northern Quebec has created a stir in the mining industry and indirectly sparked a legal dispute. Inco (TSE), Societe d’Exploration Minier…
1990
Scramble Mining ends deal with Madeleine on Kenora gold bet
Scramble Mining, a wholly owned subsidiary of Boise Cascade, has terminated its joint venture agreement with Madeleine Mines (TSE) on the Scramble gold project, six miles from Kenora, Ont. The company…
Westmin slaps lien on partners at Premier Gold
The new Premier Gold mine near Stewart, B.C., is producing more problems than gold for operator Westmin Resources (TSE) and joint venture partners, Pioneer Metals (TSE) and Canacord Resources (TSE). A…
Garnett named MILUS chairman
The new chairman of MILUS, or Mining Industry Land Use Strategy, is J.A. (Jack) Garnett. MILUS is a collective initiative of the Mining Association of Canada, the Prospectors and Developers Associatio…
Higher Asarco copper sales
Higher sales attributed to strong copper and zinc prices last year boosted the annual earnings of Asarco (NYSE) in 1989 to US$231.16 million or $5.50 per share, compared with $207.24 million, or $4.92…
U.S. Report Boom in Nevada spreads to neighboring states
Mineral deposits have no respect for state boundaries. That explains why Nevada’s mining boom has spilled over into almost every western state. Precious metals are still the big attraction in neighbor…
Gold funds as of Feb. 20
MVP BGR Central Capital Net value $12.51% $6.57% $0.44 Price $11.25% $6.75% $0.37 Discount 10.07% 2.7%5 19% Value $74,511,862 $110,644,388 N/A…
Granges to fight Abermin lawsuit
A trial date of Nov. 5 has been set in the Supreme Court of British Columbia for a $17.6-million lawsuit by Abermin (TSE) against Granges (TSE). Abermin is Granges’ joint venture partner at the Tartan…
Reserve estimate announced for Eskay Creek
A long- awaited independent preliminary calculation of reserves and grade was announced by Calpine Resources (VSE) and equal partner Stikine Resources (TSE) for the 21 zone discovery on the Eskay Cree…
Henry Kissinger speaks at Boston conference
Henry Kissinger, former U.S. secretary of state, will be the keynote speaker at the International Investment Conference to be held in Boston on May 29. This conference will bring together top mining a…
Kettle River a jewel for Echo Bay, Crown
The Kettle River project is the newest operating mine in Washington State, and owners Echo Bay Mines (TSE) and Crown Resources (VSE) appear to be pleased at how smoothly the operation came on stream. …
COATS (over-the-counter) Hucamp up 30cents
Shares of Hucamp Mines posted a gain of 30cents to close at 40cents for the week ended Feb. 20, after being dormant at the 10-15cents range in recent months. The company holds ground adjacent to Noran…