Toronto-based Noranda Inc. (TSE) and Swedish mining conglomerate Trelleborg A.B. recently announced a $2-billion refinancing of their investment in Falconbridge Ltd. Noranda and Trelleborg, which each…
Recent drilling on the Expo Property on northern Vancouver Island has Moraga Resources (VSE) optimistic that the ultimate size of the Hushamu deposit could be in the order of 300 million tons. Moraga …
Investors reacted negatively to the unexpected election of the New Democratic Party to a majority government in Ontario on Sept 6. Several mining companies with operations in the province saw their sh…
Investments were the primary source of income for Westfield Minerals (TSE) in the first half of 1990. Westfield reported earnings of $832,000 (5 cents per share) for the six months ended June 30, comp…
In order to protect the interests of Repadre Capital’s (VSE) minority shareholders, Corona (TSE) and Repadre have revised their original private placement agreement. Instead of issuing both shares and…
Peter Allen will address members of the Canadian Institute of Mining and Metallurgy at the group’s luncheon meeting on Sep0600,0000 tember 17 at the Royal York Hotel in Toronto. Allen, president and c…
The recent discovery of a large zinc deposit at Noranda’s (TSE) Lynne project in Oneida Cty. has triggered renewed interest in Wisconsin’s potential to be a base metal producer. According to the state…
Howard Beck, David Gilmour, Robert Helman, Duke Ligon and James Tory elected to the board of directors. Camuel Zell resigned from the board.
Despite a 15% increase in gold production and a corresponding jump in revenue, Belmoral Mines (TSE) reported a net loss of $17.1 million (37 cents per share) for the first six months of 1990. The loss…
Trading picked up considerably by the end of the report period but the general index, the market portfolio, was down by more than 33 points for the week ended Sept. 11. The mining and minerals index e…
If channel sampling on the Rock and Roll project are representative of overall grades, partners Eurus Resource (VSE) and Thios Resources (VSE) could be on to a good thing. Thirty-one channel samples w…
Grassroots exploration has uncovered five new gold showings on Pelangio-Larder Mines’ (COATS) North Spirit Lake property, 100 miles north of Red Lake, Ont. Including the new discoveries, gold occurren…
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