TVX has projects in Latin America
Recently you published an article regarding the possibility of new opportunities for Canadian mining companies in Latin America (T.N.M.,March 19/90). With the largest investment in Latin America of an…
News
Book Reivew Copper burgeons in Arizona
The Primary Copper Industry of Arizona in 1988 details production, stripping ratios, ore grade, mill recoveries, reserves, employment and wages and other statistics. Also included in this annual repor…
Cominco shuts new smelter
Production difficulties at the new lead smelter at Trail, B.C., have forced Cominco (TSE) to shut down temporarily operations. The company has been experiencing problems with the process since the sme…
ON THE MOVE (April 02, 1990)
WISEDA Ltd. of Baxter Springs, Kansas has appointed Milt Coleman to vice-president, Pacific Rim Operation. His new assignment involves serving as managing director of the WISEDA Australian division in…
Diana’s stake down at Chibougamau bet
Montreal-based Diana Resources (VSE) had both good and bad news to report to its shareholders recently. The good news is that exploration is continuing at the Obatogamau gold property near Chibougamau…
Earnings off for Amax
Net earnings of US$33.3 million for the year ended Dec. 31 were off for Amax Gold (NYSE) from the previous year when earnings reached US$43 million. The company noted the drop in earnings was primaril…
COATS (over the counter) Black Gregor drops
Effects of the dramatic drop in the gold price for the week ended March 27 were felt even by some of the small traders on the over-the- counter market. Despite the discovery of three “promising” gold …
Anglo Canadian closes MWF deal
Anglo Canadian Mining (TSE) says it has completed the acquisition of a 51% stake in a group of claims located between Falconbridge Gold’s (TSE) Owl Creek and Hoyle Pond gold mines in Matheson, Ont. Kn…
CIM holds seminar in Kirkland Lake
The core shack seminar will be held at the Northern College of Applied Arts & Technology in Kirkland Lake, Ont., April 18-19. Malcolm Slack, director of the Kirkland Lake Branch of The Canadian Instit…
Douay drilling
New drill results from the Douay gold project in Quebec’s Casa Berardi area were expected to be released by operator Inco (TSE) shortly after presstime. Inco and project partners Societe d’Exploration…
Shareholder wants a better deal
The shareholders of Muscocho Exploration should at least be given the right to vote on the recent “acquisition” of the Magnacon and Magino properties by Echo Bay Mines (T.N.M., Jan. 8/90). To my knowl…
Cameco, Shore Gold set to open gold mine near La Ronge, Sask.
Production is scheduled to get under way early this month at the small, high-grade Jasper gold mine owned by Cameco and Shore Gold Fund (ASE) in northern Saskatchewan. Situated about 35 miles north of…