News


PNG road show tries to ease investors’ fears

Porgera, Misima, Lihir and Ok Tedi are heavyweights among the world’s gold producers, or will soon be. As well, Kutubu and Hides are on the verge of making the same mark in hydrocarbons. These mining …


Coeur d’Alene wins $50,000

Idaho-based Coeur d’Alene Mines recently won the first Du Pont/Conoco Environmental Leadership Award for environmental excellence in the U.S. metals mining industry. This year seven companies were nom…


On the Level (October 21, 1991)

I often wonder if the average Canadian really worries about our national debt. To me it’s scary, for it affects almost every facet of our everyday life. This country is in terrible financial straits. …



Newmont tests bioleaching for Carlin refractory ores

Already North America’s largest gold producer, Newmont Mining (TSE), has joined the race to be the first U.S. company to successfully use the gold recovery process known as bioleaching. A number of No…



Sherritt purchase

Sherritt Gordon (TSE) reported completing its acquisition of oil and gas producer Canada Northwest Energy Ltd. The deal called for Sherritt to issue almost 4.7 million shares and almost $265 million p…


OBITUARY (October 21, 1991)

Harry Michie, who for 40 years was active in the Canadian gold mining industry as a geologist, recently died in Toronto. He was 66. For almost two decades, Michie was associated with the Coniagas Mine…


New Kelore plans to amalgamate with Pan Orvana

Private Vancouver company Pan Orvana Resources has agreed in principle to amalgamate with Toronto-based New Kelore Mines (TSE). Conditional on director, shareholder and regulatory approval, the merger…


EDITORIAL PAGE (October 21, 1991)

Canada’s premier association of mining professionals — the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) — is facing a cash crunch and unless steps are taken to change the way it deri…


Toronto Stock Exchange (October 21, 1991)

Riding on lower interest rates, a firmer gold price and share price advances in New York, the Toronto market rallied to post its largest one-day gain for several months during the week ended Oct. 15. …


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